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Update: “50 Cent Spent Over Half a Million Dollars” on Queens Event, Says Tony Yayo

Although 50 Cent will not be performing at the annual Family Day event in his hometown of Jamaica, Queens this month, G-Unit soldier Tony Yayo assures residents it will be a memorable day.

In an interview with MTV News, Fif’s right-hand man said that the event—also titled “40 Day,” because of its proximity to the South Jamaica Houses dubbed the “40 Projects”—cost Curtis Jackson a pretty penny. “Rumor is he [50] spent over half a million dollars on this,” he said.

As previously reported, residents in the neighborhood were concerned about possible violence if Fif performed at the event, but yesterday, New York City Mayor, Michael Bloomberg, assured concerned citizens that the rapper would not be taking the stage.

“The mayor was saying he spoke to 50 and he agreed that it wouldn’t be a performance,” Yayo continued. “Yo, I can’t get at the mayor. I don’t even wanna say anything bad about him — I don’t wanna get pulled over when I leave from outta here! But 50′s big, 50′s bigger than life.”

The free event is set to take place on the afternoon of August 30 at elementary school P.S. 40. While 50 will not be performing he may still show up, with celebrity friends in tow. The day before he will be taking fans to the Six Flags Amusement Park in nearby New Jersey.

“I know he has over 30 busses for Great Adventure on the 29th,” Yayo said. “To me, it’s a positive thing — it’s giving back.” –Max G

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