As we previously reported, there have been rumors going around that 50 Cent was close to signing a $300 million dollar deal with NewsCorp, the owners of MySpace in a 360 type deal similar to that signed by Jay-Z and Madonna with touring giant Live Nation [read more here]. Now Violator Management, 50's Management company, is confirming that these rumors are simply that, rumors. They say that they are completely false. Chris Lighty, 50's longtime manager said that the reports are simply “rumors." I guess that only time will tell.