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.

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June 8, 2024

Michael Bloomberg Reportedly Set to Join Lore-Rodriguez Timberwolves Ownership Group

Has Alex Rodriguez found a solution to his Minnesota ownership problem? Michael Bloomberg is reportedly set to join the proposed ownership group for the Timberwolves and Lynx, alongside Rodriguez and Marc Lore. If true, the billionaire’s backing will squash their extended battle with Glen Taylor, The Athletic reports. The franchises are collectively part of the $1.5 billion deal. Rodriguez and Lore were facilitating a multi-step purchase to secure a majority stake, when Taylor called things off earlier this year.

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Apple Teases AI Tech, OpenAI Partnership Ahead of WWDC

Ahead of Apple‘s annual Worldwide Developers Conference on Monday, Bloomberg teased a few artificial intelligence developments the Big Tech company plans to unveil to its audience. Apple Intelligence will be its new AI platform name, and users can expect it to arrive in new versions of the iPhone, iPad, and Mac operating systems. A partnership with OpenAI will also be announced that produces a ChatGPT-like chatbot in addition to new programs for the Vision Pro headset, Apple Watch, and TV platforms.

Mike Tyson-Jake Paul Fight on Netflix Rescheduled for Nov. 15

The highly anticipated fight between legendary boxer Mike Tyson and social media sensation Jake Paul has been rescheduled to Nov. 15, Netflix confirmed on Friday. Originally set for July 20, ESPN writes that Tyson needed more time to recover from an ulcer flare-up that occurred on a flight from Miami to LA on May 26. In a statement, Tyson said he’s going to “resume training shortly” and promised the result will be the same — Paul is “getting knocked out.”

'Bad Boys: Ride Or Die' Rakes in $5.9M in Previews

Bad Boys: Ride or Die, the fourth installment of the film franchise starring Will Smith and Martin Lawrence, made $5.9 million in Thursday previews, per a Friday report from Variety. The movie is expected to earn $45-50 million this weekend on a production budget of $100 million. Bad Boys for Life, the franchise’s third movie that premiered in January 2020, raked in $6.4 million in Thursday previews and eventually went on to become the highest-grossing movie of the year with $426 million made worldwide.

Formula 1 & AWS Launch AI-designed Trophy for Canadian Grand Prix

Amazon and Formula 1 have teamed up to unveil the first-ever generative AI-inspired F1 trophy, making its debut at this weekend’s AWS Canadian Grand Prix in Montréal. The trophy is made by a UK-based silversmith who combined cutting-edge technology with F1 traditions to create the highly coveted award. This is just the beginning of a fruitful partnership between both sides, which will eventually see the inclusion of more generative AI in various aspects of Formula 1 with the goal of increasing operational efficiency.

Boardroom’s Michelai Graham is on the ground at the Canadian GP. Be sure to subscribe to Tech Talk, where she’ll break down how big tech shows up across the Formula 1 circuit.

New Era to Acquire ‘47 Brand; Expects to Make $2B in Annual Revenue

Headwear powerhouse New Era announced Friday it will acquire fellow hat label ’47 in a deal that is expected to generate around $2 billion in annual revenue for the combined brands. The release didn’t divulge the financial terms of the purchase, but we do know the deal will close by the end of this year. New Era plans to increase products and expand globally, while also bolstering ’47’s presence in North America.