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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. 2026.
News...Straight to the point.
June 11, 2026
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Elon Musk’s SpaceX has officially completed the largest IPO in history, raising $75 billion and valuing the company at roughly $1.77 trillion, based on the offering price of $135 per share, the company confirmed Thursday. The listing sold 555,555,555 shares, while retail investors placed over $100 billion in orders despite limited allocation, underscoring intense demand. SpaceX shares are expected to begin trading on Friday, setting a major benchmark for upcoming AI listings, including expected offerings from OpenAI and Anthropic.

Keke Palmer is going back to school, set to work with the UCLA School of Theater, Film, and Television as part of a new five-year artist-in-residence partnership designed to help students turn ideas into distributed content. Through her KeyTV Network, Palmer will host workshops on pitching, branding, and business ownership while mentoring students producing original projects ranging from TV pilots to podcasts. KeyTV will also distribute select student work, giving creators hands-on experience reaching real audiences.

The NHL’s sponsorship market hit a record $1.7 billion, according to SponsorUnited, as brands continue consolidating spend into fewer, larger deals, driving a 10% year-over-year surge. Financial services led all categories, with Toyota remaining the league’s most active sponsor. On the player side, Jack Hughes topped NHL endorsement rankings with 13 brand deals, ahead of Connor McDavid and Connor Bedard.

Jonah Hill, Channing Tatum, and Ice Cube are all in talks to return for 24 Jump Street, currently in development at Sony Pictures. Rodney Rothman is set to direct, with Phil Lord, Chris Miller, and Neal H. Moritz producing. The script is co-written by Rothman, Hill, and Meghan Malloy. No plot details have been released, but the project would mark the long-awaited continuation of the comedy franchise nearly a decade after 22 Jump Street wrapped its run.

OpenAI is reportedly considering cutting token prices to compete with Anthropic, anticipating similar reductions across the industry. Enterprise customers are increasingly balking at high AI usage costs. Sam Altman has acknowledged pricing pressure, calling costs a “huge issue.” The move reflects intensifying competition in enterprise AI, where Anthropic’s Claude Code has driven rapid adoption and revenue growth.

Wimbledon has raised total prize money by 20%, bringing the 2026 purse to £64.2 million ($85.8 million), its largest annual increase ever. Singles champions will earn £3.6 million ($4.8 million), while first-round payouts and qualifying rounds also see double-digit jumps. The move comes amid growing player pressure for a larger share of Grand Slam revenues, including recent calls for collective action led by top stars such as Aryna Sabalenka and Jannik Sinner.

Jennifer Lawrence is set to star in and produce One Month Mark, a romantic comedy acquired by Apple Original Films after a competitive bidding war. Written by Sophie Fleur de Bruijn and produced alongside Chernin Entertainment and Lawrence’s Excellent Cadaver, the project is currently without a director as Apple moves quickly to develop the high-demand comedy package.

Patrick Mahomes and the Kansas City Chiefs have agreed to a reworked contract extension, adding two years and pushing the deal’s total value to a record $504.75 million, the first NFL contract to surpass half a billion dollars. The agreement includes $239.05 million in new money and up to $522.25 million with incentives, with an average annual value of $64 million starting in 2027. The extension locks in Mahomes through his age-38 season, reaffirming his long-term future in Kansas City.

Hoboken Mayor Emily Jabbour marked the start of the World Cup by symbolically renaming Hoboken to “Believe, USA” as part of a fan activation with Truly Hard Seltzer and U.S. Soccer. The city unveiled a pop-up Believe Bar and fan hub to celebrate U.S. Soccer fandom with events, merch, and activations. The temporary rebrand runs through the tournament as Hoboken positions itself as a central gathering point for supporters.

Raye, Central Cee, Mike D, Mumford & Sons, John Summit, and Lykke Li will perform at Spotify Beach during Cannes Lions 2026 in France, headlining the annual nighttime music showcase. The lineup is split across June 23 and 24, with Night 1 featuring Raye, Central Ceem and Mike D, and Night 2 featuring Mumford & Sons, John Summit and Lykke Li. The event highlights rising and established acts across music and culture for a global audience.

Oracle reported strong fiscal Q4 results, with revenue up 21% to $19.18 billion and net income rising to $4.22 billion, driven by 47% growth in cloud services. The company raised its profit outlook but maintained long-term revenue guidance while signaling plans to raise up to $40 nillion in debt and equity to fund AI infrastructure expansion. Despite the beat, shares fell sharply on concerns over heavy spending and uncertain returns from its aggressive AI buildout strategy.

Spike Lee helped bring the Fanatics Fan Wagon across New York City as the Knicks‘ NBA Finals run intensified. The mobile merch store made stops at West 4th Street Courts, Fanatics HQ, and the Apollo Theatre, with appearances from Jason Sudeikis and Walt Frazier. The tour featured jersey drops, giveaways, and fan meetups, and continued to roll through boroughs as Finals excitement built across the city over the last week.

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Boardroom Staff