Jay-Z selling his Brooklyn Nets ownership stake to Jason Kidd

Jay Z is selling his minority ownership in the Brookyn Nets to coach Jason Kidd, sources exclusively tell Page Six.

We’re told Kidd will take over Jay’s .067 percent (1/15th of a percent) stake in the team for about $500,000.

The move comes as Jay was forced to sell his Nets shares over a conflict of interest after he started a sports agency, Roc Nation, signing clients including Yankee Robinson Cano and Oklahoma City star Kevin Durant.

A source told us, “Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him.”

Reported by Page Six of the New York Post

Having produced two NBA championships with the Miami Heat, the next step for LeBron James will be producing scripted television comedy.

The Starz cable network announced Tuesday that the Heat forward along with Tom Werner, Mike O’Malley, Maverick Carter and Paul Wachter will develop a half-hour scripted comedy series, Survivor’s Remorse, for Starz, with James serving as an executive producer.

Mike O’Malley will serve as executive producer and writer. He previously worked as consulting producer and writer on Shameless and as an actor in Glee, Justified and My Name is Earl.

To James, who is not scheduled to appear in the series, it expands a presence that already has moved beyond the confines of the court.

Reported by Ira Winderman of the South Florida Sun-Sentinel

Here’s an InsideHoops.com photo of Michael Rapaport at last week’s Elite 24 high school all-star game in Brooklyn, New York. The man loves basketball:

En-route to Friday’s Justin Timberlake and Jay Z concert, Miami Heat superstar LeBron James was given a police escort to navigate the bumper-to-bumper traffic into Sun Life Stadium.

A grateful James posted the clip of the good deed on his Instagram account with the caption: “They treat us so well! Needed it cause traffic was nuts!!” James has a little under 3.5 million Instagram followers.

“Light police escort on the wrong side of the street,” James said. “Headed to the big homie concert, JT. Holla.”

On Monday, Miami-Dade police said the officer who gave James and his fiancée the wrong-way escort into the stadium “violated departmental policies.”

Reported by the Miami Herald staff

Former ‘N Sync singer Lance Bass and New York Knicks forward Amar’e Stoudemire highlight the list of judges for next month’s Miss America pageant in Atlantic City.

Joining them will be Grammy Award-winning violinist Joshua Bell; comedian and performer Mario Cantone; and Barbara Corcoran, an investor from ABC’s entrepreneurial competition show ”Shark Tank.” Also on the panel are Carla Hall, co-host of ABC’s food-and-talk show ”The Chew,” and Deidre Downs Gunn, an obstetrician and gynecologist who was the last Miss America to be crowned in Atlantic City.

Reported by the Associated Press

Michelle Obama will release a hip-hop-inspired album. Although she probably won’t rhyme or sing on any songs, it will be the first time that a first lady has delved into hip-hop for a greater cause.

The album will promote Obama’s “Let’s Move” campaign in an effort to fight childhood obesity. Obama enlisted DMC, Doug E. Fresh, Ashanti, Monifah and other artists to create songs on the 19-track album.

The project, sponsored by Partnership For A Healthier America and Hip Hop Public Health, will seek to raise awareness through entertainment.

Track no. 11: “Pass the Rock” f/ Iman Shumpert and Artie Green

Reported by Amir Shaw of RollingStone.com

The 19-track album with song titles like “U R What You Eat” and “Veggie Luv” is being released by the Partnership for a Healthier America, an independent group found in conjunction with Let’s Move.

Ten music videos released with the album are set to be distributed to schools in New York City before being circulated to other major cities.

Reported by Hadas Gold of Politico.com

LeBron James plays the part of superhero on a basketball court, seemingly from October through June.

But he is a regular human being in the offseason, as those in an Akron, Ohio, courthouse were reminded Thursday morning when the Heat star forward reported for jury duty — just like everybody else has to.

“Jury duty time. Time to serve my civic duty” James tweeted.

Reported by the Miami Herald

James drew a buzz at the county courthouse in downtown Akron but was not seated on a jury for trial and left the building at 10:30 a.m., according to the Akron Beacon Journal.

He has been spending time in his hometown and working out for the past several weeks since returning from a promotional tour to the Philippines and China. This weekend James is hosting several charity events in the city.

Reported by Brian Windhorst of ESPN.com

Warriors guard Stephen Curry hung in as the third-round leader for most of Sunday, but he faded down the stretch and watched Billy Joe Tolliver top Mark Rypien in a playoff for his fourth title at the American Century Championship at the Edgewood Tahoe Golf Course.

Tolliver made par on the third playoff hole, the par-5, 501-yard 18th hole to claim the title after  Rypien deposited a short pitch into a pond alongside the green.  Tolliver and Rypien, former NFL quarterbacks, tied at 67 points, and Curry ended up with 64 — good enough for a fourth-place finish.

“I think I showed I’ve got what it takes to win here,” said Curry, the 36-hole leader. “Obviously, it takes a lot to win. A lot has to go right. The more I play, the more comfortable I get. It’s a great environment to play golf.”

Reported by Rusty Simmons of the San Francisco Chronicle (Blog)

Oklahoma City Thunder star Kevin Durant is engaged to Minnesota Lynx guard Monica Wright.

Wright confirmed the engagement following Minnesota’s 91-59 victory over the Phoenix Mercury on Sunday night…

Wright is in her fourth season in the WNBA. She played her college ball at Virginia and turns 25 on July 15.

Reported by the Associated Press

Miami-based Carnival Corp. & PLC announced Tuesday that longtime Chairman and CEO Micky Arison will step down as company CEO, but continue as chairman in a move to split the two roles.

Carnival said business leader and 12-year board member Arnold W. Donald will assume the CEO role effective July 3, Carnival said in a news release Tuesday.

Arison has held the role of CEO since 1979, and as chairman he’ll continue to provide board level oversight and will remain the company’s largest shareholder, Carnival said.

Donald in turn will lead the executive team, focusing initially on achieving the company’s long-term strategic goals.

Carnival said the move to split the roles has received unanimous approval from the company’s nominating and governance committee as well as the full board of directors.

Reported by Arlene Satchell of the South Florida Sun-Sentinel

Will Jay-Z actually represent clients of his newly built sports agency Roc Nation Sports in contract negotiations?

Ron Berkowitz, a spokesman for Roc Nation Sports, confirmed to ESPN.com that, as of this week, Jay-Z is now licensed to work as an NBA agent. Juan Perez, president of Roc Nation Sports, also is now certified with the National Basketball Players Association.

The news was first reported by the Sports Business Journal.

What’s not clear is how soon Jay-Z actually can represent players. A source close to the situation said that, as of Wednesday, the hip-hop mogul had not sold his small share (less than 1 percent) of the Brooklyn Nets.

Reported by Darren Rovell of ESPN.com

NBA veteran Jason Collins has marched in Boston’s gay pride parade with Massachusetts Congressman Joe Kennedy III, his onetime roommate at Stanford University.

Collins wore a T-shirt that read #BeTrue when he joined thousands of marchers Saturday.

In April, Collins became the first active player in one of the four major U.S. professional sports leagues to come out as gay. He wrote in an article for Sports Illustrated that the decision to go public came when Kennedy marched in last year’s parade and Collins didn’t feel that he could join him.

Reported by the Associated Press

To catch you up to speed on Utah Jazz legends, Jerry Sloan is still mentioned in job-opening rumors, Jeff Hornacek is the Phoenix Suns head coach and Karl Malone has agreed to mentor his old team’s big men.

Oh yeah, and John Stockton is now … an author!?

Yes, really.

The Hall of Fame point guard’s autobiography “Assisted” — co-authored by Kerry L. Pickett — will be released this fall.

Deseret Book posted an Instagram photo of Stockton signing his Shadow Mountain-published book Thursday from the Book Expo America in New York City.

Reported by Jody Genessy of the Deseret News

Metta World Peace has released a children’s book entitled “Metta’s Bedtime Stories.”

Available via createspace.com, “Metta’s Bedtime Stories” was “written to help children think about daily events in a positive light.”

World Peace, formerly Ron Artest, has played the last four seasons with the Lakers — winning his first title in 2010 against the Boston Celtics.

Outside of basketball, World Peace is a spokesman for mental health, currently collaborating with the Los Angeles County Department of Mental Health with his “Talk It Out” campaign.

Reported by Eric Pincus of the Los Angeles Times (Blog)

Rihanna alleged Thursday what many Knicks fans already suspected about J.R. Smith and his playoff woes.

In a comment on Instagram, the singer wrote that Smith is struggling because “his a** be hungover from clubbing every night during playoffs.” Smith has shot just 28.6 percent from the field since Game 5 of the first round series against the Celtics. The Knicks are down 3-1 and facing elimination heading into Game 5 of the Eastern Conference semifinals vs. the Pacers.

Before being suspended for elbowing Celtics guard Jason Terry in Game 3 of the first round, Smith was excellent, shooting 48 percent, including 4-of-9 from 3-point range. Last week, Rihanna and Smith were pictured partying at Greenhouse, a club in Manhattan.

The two were rumored to be dating last year. Rihanna appeared to be replying to someone commenting on one of her photos when she outed Smith’s hard-partying exploits.

– Reported by the New York Post

Kobe Bryant and an auction house that wants to sell memorabilia from his high school days and early pro career are heading for a trial next month, unless they can work out a deal before then.

U.S. District Judge Renee Bumb on Monday set June 17 as a trial date, but also set a court-guided mediation session for Friday in a case that’s the manifestation of an ugly family dispute that all sides seem to want to resolve quickly.

”Maybe I should have had you bring your witnesses today and we would have tried the case,” Bumb said at a hearing. ”You’re all so ready to go.”

The main reason she didn’t schedule the trial for an earlier date was that Bryant’s father, Joe ”Jellybean” Bryant, said he could not get to a trial sooner because he’s coaching a Thai team in the Asian Basketball League playoffs.

Reported by Geoff Mulvihill of the Associated Press

Lil Wayne still hates the Miami Heat so much … he hooked up the Chicago Bulls with free booze after they upset LeBron James and company — and TMZ got a pic of their celebration.

It all went down Monday night at Excess Mondays at Mansion nightclub in Miami where, we’re told, Wayne invited a few Bulls players (who were already in the club) to party with him … just hours after they beat the Heat 93-86…

Our sources say Wayne provided the boys with bottles of vodka and told ‘em he was rooting for them to knock the Heat out of the playoffs.

– Reported by TMZ

The following is by Jason Collins, to Sports Illustrated

I’m a 34-year-old NBA center. I’m black. And I’m gay.

I didn’t set out to be the first openly gay athlete playing in a major American team sport. But since I am, I’m happy to start the conversation. I wish I wasn’t the kid in the classroom raising his hand and saying, “I’m different.” If I had my way, someone else would have already done this. Nobody has, which is why I’m raising my hand.

My journey of self-discovery and self-acknowledgement began in my hometown of Los Angeles and has taken me through two state high school championships, the NCAA Final Four and the Elite Eight, and nine playoffs in 12 NBA seasons.

I’ve played for six pro teams and have appeared in two NBA Finals. Ever heard of a parlor game called Three Degrees of Jason Collins? If you’re in the league, and I haven’t been your teammate, I surely have been one of your teammates’ teammates. Or one of your teammates’ teammates’ teammates.

Now I’m a free agent, literally and figuratively. I’ve reached that enviable state in life in which I can do pretty much what I want. And what I want is to continue to play basketball. I still love the game, and I still have something to offer. My coaches and teammates recognize that. At the same time, I want to be genuine and authentic and truthful.

– Reported by Jason Collins with Franz Lidz via Sports Illustrated

Read NBA fan reaction and share your opinion in this basketball forum topic.

UPDATE:  NBA Commissioner David Stern issued the following statement this morning regarding Washington Wizards center Jason Collins announcement today: “As Adam Silver and I said to Jason, we have known the Collins family since Jason and Jarron joined the NBA in 2001 and they have been exemplary members of the NBA family.   Jason has been a widely respected player and teammate throughout his career and we are proud he has assumed the leadership mantle on this very important issue.”

ANOTHER UPDATE:  The following statements are from Atlanta Hawks Managing Partner/NBA Governor Bruce Levenson and President of Basketball Operations/General Manager Danny Ferry on behalf of the team: “We have great respect for Jason and his message today. Creating an environment where we support, respect, and accept our players’ individual rights is very important to us,” said Hawks Managing Partner and NBA Governor Bruce Levenson. “Jason represented everything that we look for as a member of the Atlanta Hawks and we are proud he wore our jersey.” “Our focus will always be on bringing in players that can contribute to the greater good of the Atlanta Hawks and ensuring that we create the most accepting, respectful, and productive environment for players to succeed,” said Hawks President of Basketball Operations and General Manager Danny Ferry.

Chicago Bulls legend and Charlotte Bobcats owner Michael Jordan married former model and longtime girlfriend Yvette Prieto on Saturday in Palm Beach, Fla.

The ceremony took place at Bethesda-by-the-Sea Episcopal Church before approximately 500 guests. It was the second marriage for Jordan, 50.

A reception for 2,000 invited guests followed at the Bears Club in Jupiter, Fla., inside a 40,000-square-foot tent, the Miami Herald reported.

Among those in attendance were former Chicago Bulls teammates Scottie Pippen, Ron Harper and Toni Kukoc and former New York Knicks center Patrick Ewing

– Reported by Reuters

Nearly 300 guests were present as they exchanged vows. The reception took place at a private golf club in Jupiter designed by Jack Nicklaus. Jordan owns a home near the course.

Entertainment included DJ MC Lyte, singers K’Jon, Robin Thicke and Grammy Award winner Usher and The Source, an 18-piece band.

The six-time NBA champion and Prieto met five years ago and were engaged last December.

– Reported by the Associated Press 

The new Phil Jackson book called “Eleven Rings” comes out soon.

You can pre-order it here: