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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News...Straight to the point.
July 4, 2024

Caitlin Clark & Angel Reese Ignite WNBA All-Star Voting

The year-over-year growth of the WNBA is showing out in all facets. Following news of international expansion and increased attendance, the 2024 WNBA All-Star ballots are in and the numbers prove astonishing as overall voting increased by nearly 600%. Rookie sensation Caitlin Clark led all athletes in votes to the tune of 700,735 votes — more than seven times that of last season’s leading vote-getter. Fever teammate Aliyah Boston and recent MVPs A’ja Wilson and Breanna Stewart claimed the next three spots with rookie Angel Reese rounding out the top five. Clark, Boston, and Reese will suit up for Team WNBA, playing against Wilson, Stewart, and the rest of Team USA on July 20 in the unique ASG format.

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Jeff Bezos Plans to Sell $5 Billion in Amazon Stock

Amazon founder Jeff Bezos revealed his plans to sell off 25 million company shares, which is worth roughly $5 billion, in an SEC filing after market hours on Tuesday. The news comes after Amazon’s stock price recently hit an all-time high at $200.43. This is the second time Bezos has sold Amazon stock for billions, raking in $8.5 billion in 2023 when the stock was up 80%. With the latest sale, Bezos is still set to own nearly 9% — 912 million shares — of the company.

Jay-Z Invests in Luxury Watch Trading Platform

Shawn “Jay-Z” Carter is not just dropping bars about Hublot and Audemars Piguet timepieces; he’s zoning in on the luxury watch space’s booming secondary market. On Tuesday, he announced his investment in Wristcheck, a Hong Kong-based platform focused on the exchange and trade of high-end watches amongst equally high-end collectors. The overall watch space is said to be worth $100 billion.

Bob Iger & Willow Bay to Acquire Control of Angel City FC

Bob Iger, CEO of Disney, and his wife, Willow Bay, Dean of USC‘s Annenberg School, are set to purchase control of NWSL club Angel City FC. While the specific amount was not disclosed, Semafor reports that the team’s valuation sits north of $300 million post-investment, a record for women’s sports in the US. This number is up from the pre-purchase point of $250 million, indicating the new investment is at least $50 million. Bay and Iger will replace Reddit co-founder Alexis Ohanian as Angel City’s controlling shareholders.

 

Givenchy Hires Louis Vuitton Exec as New CEO

French couture house Givenchy is officially under new leadership — at least on the business end. BoF reports that LVMH has appointed former Louis Vuitton executive Alessandro Valenti as CEO. Design guidance remains in question, as Givenchy still needs a Creative Director following Matthew M. Williams’s departure in December 2023.

MTV News Resurrected by Internet Archive

Last month, the internet was sent into a tizzy as MTV News disappeared due to Paramount‘s large round of layoffs. Thankfully, Variety has discovered that the non-profit Internet Archive is utilizing its Wayback Machine to allow fans, media members, and anyone with an appetite for information and nostalgia to search over 460,575 web pages of previously published content at mtv.com/news. Running from 1997 to 2023, MTV News was home to thousands of articles covering music news and happenings across genres.

Aces-Fever Draws Largest WNBA Crowd in 25 Years

T-Mobile Arena was rocking on Tuesday night as the defending champion Las Vegas Aces hosted not just the Indiana Fever but also 20,366 fans — the largest WNBA crowd in 25 years and the fifth-biggest crowd in league history. The weeknight showdown showcased the back-to-back champs against the Fever, which, despite a struggling record, boasts the league’s two top-voted All-Stars. Ultimately, experience trumped youth as the Aces won, 88-69.