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.

Eastbay to Shut Down at the End of 2022

Last Updated: July 1, 2023
The beloved footwear institution that inspired many to study sneakers as a craft will no longer be operational come 2023.

After 43 years of operation, Eastbay is shutting its doors for good at the end of 2022. The sneaker giant, which spawned a generation of budding footwear enthusiasts eagerly circling their favorite pairs of kicks while demolishing a bowl of cereal in the morning, announced the news on its website.

“We’re saying goodbye to Eastbay at the end of December 2022. We encourage you to shop at champssports.com to find great deals for your athletic shoes, clothing, and more,” the company said on its site.

Closures inevitably come with layoffs, and Wisconsin Public Radio reports about 210 people will lose their job at the central Wisconsin headquarters, the same city where the company was founded by entrepreneurs Art Juedes and Rick Gering. Terminations will begin in late January and the center will close for good by the end of April. Eastbay will maintain a call center and some corporate positions in Wassau.

“Eastbay and Foot Locker have been employment pillars in our community for decades so this is understandably hard news for our community and the 200 employees who are affected,” Wausau Mayor and former Eastbay employee Katie Rosenberg said.

Lauded as an encyclopedia for sneakerheads, the tradition of enthusiastically looking at the hottest drops week by week contributed to the current generation of adults purchasing the same sneakers they yearned to wear in their youths. While flipping through the colorful catalog, one would likely find information on each shoe’s features, tech specs and the various colorways available.

In the pre-internet, SNKRS, and Confirmed app era, it was basically a direct link between consumer and corporation. As corporations pivoted to an e-commerce lifestyle, the need for a physical mailer became obsolete, consequently ending Eastbay’s reign as a beloved monthly tradition.

A part of Foot Locker, Inc. since 1997, the company said in a statement the decision was made as “a result of efforts to optimize distribution processes in order to serve their nationwide customers more efficiently and effectively,” according to Hypebeast.

Read More:

Stay Ahead of the Game, Get Our Newsletters

Subscribe for the biggest stories in the business of sports and entertainment, daily.

Vinciane Ngomsi

Vinciane Ngomsi is a Staff Writer at Boardroom. She began her career in sports journalism with bylines at SB Nation, USA Today, and most recently Yahoo. She received a bachelor's degree in Political Science from Truman State University, and when she's not watching old clips of Serena Williams' best matches, she is likely perfecting her signature chocolate chip cookie recipe or preparing a traditional Cameroonian meal.

About The Author
Vinciane Ngomsi
Vinciane Ngomsi
Vinciane Ngomsi is a Staff Writer at Boardroom. She began her career in sports journalism with bylines at SB Nation, USA Today, and most recently Yahoo. She received a bachelor's degree in Political Science from Truman State University, and when she's not watching old clips of Serena Williams' best matches, she is likely perfecting her signature chocolate chip cookie recipe or preparing a traditional Cameroonian meal.