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About Boardroom

Boardroom is a sports, media and entertainment brand co-founded by Kevin Durant and Rich Kleiman and focused on the intersection of sports and entertainment. Boardroom’s flagship media arm features premium video/audio, editorial, daily and weekly newsletters, showcasing how athletes, executives, musicians and creators are moving the business world forward. Boardroom’s ecosystem encompasses B2B events and experiences (such as its renowned NBA and WNBA All-Star events) as well as ticketed conferences such as Game Plan in partnership with CNBC. Our advisory arm serves to consult and connect athletes, brands and executives with our broader network and initiatives.

Recent film and TV projects also under the Boardroom umbrella include the Academy Award-winning Two Distant Strangers (Netflix), the critically acclaimed scripted series SWAGGER (Apple TV+) and Emmy-nominated documentary NYC Point Gods (Showtime).

Boardroom’s sister company, Boardroom Sports Holdings, features investments in emerging sports teams and leagues, including the Major League Pickleball team, the Brooklyn Aces, NWSL champions Gotham FC, and MLS’ Philadelphia Union.

All Rights Reserved. 2022.
News...Straight to the point.
February 25, 2022
CLEVELAND, OHIO - FEBRUARY 20: Giannis Antetokounmpo #34 of Team LeBron reacts at the end of the first half during the 2022 NBA All-Star Game at Rocket Mortgage Fieldhouse on February 20, 2022 in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Tim Nwachukwu/Getty Images)

Giannis Invests in Wave Sports + Entertainment’s $27M Round

Giannis Antetokounmpo is no stranger to sports coverage. So investing in a company that pushes sports content across various platforms seems like a good bet. Wave Sports + Entertainment, formerly wave.tv, operates 20 brands across sports. The company announced that it has successfully completed a $27 million funding round that will allow them to begin to develop talent-led programming. The fundraising efforts attracted some other big names, including Jay Williams and Baker Mayfield. 

Coinbase Doubles Q3 Profits in Record-breaking Quarter

As crypto is being more widely adopted, the industry’s companies are generating massive returns. Coinbase released its Q4 earnings report this week, which showed nearly $2.5 billion in revenue – more than 25% more than the projected $1.94 billion. Market insiders were quick to point out that the success is rooted, in part, in the elevated value of the crypto market in Q4, which has dropped substantially; however, the trends, including new users, signal sustainable, positive growth. 

Russia’s War on Ukraine Reverberates through Sporting World

All eyes are on the tragic situation in Ukraine. The emerging war is the culmination of long-term tensions with Russia, and the impacts have reverberated across the globe. In sports, UEFA confirmed that it will move the Champions League final from St. Petersburg to Paris in protest against Russia’s actions. The Sacramento Kings held a moment of silence for the people of Ukraine and linked arms in solidarity with their teammate Alex Len. Len released a statement with fellow countryman Svi Mykhailiuk condemning the tragic invasion. Formula 1 announced on Friday morning that it will cancel the Russian Grand Prix.

Boardroom will continue to monitor the reactions to the war throughout sports. 

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Warner, BlackRock Elevate Diversity as They Eye Catalogue Acquisitions

BlackRock is digging into its deep pockets to team up with Warner Music Group for its next series of music catalog acquisitions, which will total nearly $750 million. As they scout potential talent, the two companies will collab with Lylette Pizarro’s Influence Media to identify the hottest acts from diverse backgrounds, with an eye towards women. The news comes in contrast to recent catalog acquisitions, which have largely focused on legacy talent, such as ZZ Top and David Bowie. 

Broad St Ventures Adds Two New Investors 

Broad St Ventures, a $10 million venture capital fund that is part of Malcolm Jenkins‘ Malcolm Inc., is fully funded by Black and Brown investors. It has announced the addition of two more power players: India Robinson and Sara “Lovestyle” Hood. The two industry vets will contribute to Broad St Ventures’ efforts to bridge the generational wealth gap with investments in companies owned and operated by individuals from traditionally underserved communities. 

Bronny James Joins Marshawn Lynch and Jimmy Butler as PSD Ambassador

Bronny James is racking up NIL deals, and his most recent one will ensure that he’s got everything covered. The Sierra Canyon star signed an NIL deal with PSD Underwear. James will design a signature collection with the brand — which has a deep bench of ambassadors that includes Jimmy Butler, Ja Morant, Trae Young, Marshawn Lynch, Tyler Herro, and more.

MLS Teams Up with GreenPark Sports for Metaverse Magic

The MLS season kicks off this weekend. In advance of the first matches, the league announced its newest partnership with GreenPark Sports. Together, they will take the league to the metaverse. The American soccer league follows in the footsteps of the NBA, La Liga, and more that have teamed up with the social gaming company to build out a web3 world where fans can rep their favorite teams and battle against other MLS fans. 

Cleveland Cavaliers Ink New Deal with Caesars Sportsbook 

The Cavs are back, baby. The team is on pace to make the playoffs without LeBron James for the first time since the 1997-98 season. As the team enters the second half of the season, it has a new sponsor: Caesars Sportsbook. The two parties signed a multi-year deal, making Caesars Sportsbook the team’s official sports betting and casino partner. 

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Bernadette Doykos

Bernadette Doykos is the Senior Director of Editorial Strategy at Boardroom. Before joining the team, her work appeared in ELLE. She previously served as the head of evaluation for a nonprofit where she became obsessed with systems and strategy and served as the curator of vibes and extinguisher of fires for the design thinking firm Stoked. She is constantly plotting a perfect tunnel ‘fit and a playlist for all occasions.