About Boardroom

Boardroom is a media network that covers the business of sports, entertainment. From the ways that athletes, executives, musicians and creators are moving the business world forward to new technologies, emerging leagues, and industry trends, Boardroom brings you all the news and insights you need to know...

At the forefront of industry change, Boardroom is committed to unique perspectives on and access to the news, trending topics and key players you need to know.

All Rights Reserved. 2022.
News...Straight to the point.
December 29, 2023

A-Rod and Marc Lore Reportedly Lock in Majority Stake in the Minnesota Timberwolves & Lynx

Alex Rodriguez and Marc Lore are increasing their investment in Minnesota hoops. According to sources familiar with the situation, the two will take over a majority stake in both the Minnesota Timberwolves and the Minnesota Lynx. The two have a deadline of Dec. 31 for their decision to exercise the option. However, the sources indicate that they will purchase an additional 40% from Glen Taylor, bringing their total ownership stake to 80%. Since joining the ownership in 2021, Rodriguez and Lore have driven significant moves in the front office, including bringing in the club’s president Tim Connelly from the Denver Nuggets. If the transaction goes through, Taylor will maintain a 20% stake in the team, which he bought into in 1994.

SIGN UP FOR OUR NEWSLETTER

Get on our list for weekly sports business, industry trends, interviews, and more.

Travis Scott's 'Utopia' Takes 2023's Highest-selling Rap Title

Travis Scott’s Utopia Tour has been spanning the country for the last several months. La Flame’s draw has brought huge crowds to the well-reviewed concert spectacle. Thus, it’s not surprising that the Houston rapper also netted the year’s highest-selling rap album. To date, Utopia has moved more than 1.6 million units in the United States alone, including 540,000 physical copies of the album.

Mark Cuban Finalizes Mavericks Sale to Miriam Adelson

Less than a month after news emerged that Mark Cuban and casino magnate Miriam Adelson agreed to a deal for his stake in the Dallas Mavericks, the deal is done. The NBA approved the sale late on Wednesday night. Cuban will maintain a 27% stake in the club and serve as its alternate governor. Cuban spoke following the news and indicated that the future of the game motivated his decision to sell. He cited specifically the importance of real estate in the future of the business of the sport. He also noted that the sale puts the team in a better position to compete in the league.

NFL Christmas Day Slate Drives Nearly 30% Boost in Viewership

The NFL is the year’s biggest Christmas winner. The league announced that its trio of Christmas Day games brought in an average of 28.7 million viewers. The numbers demonstrate a 29% increase from last year’s average of 22.2 million viewers. All three holiday matchups place in the top five of all time, with the Chiefs-Raiders game bringing in 29.6 million viewers across streaming and digital and taking the second overall spot.

Taylor Swift's '1989' Lifts Weekly Vinyl Sales Over 2 Million For only Third Time

Taylor Swift continues to drive record-setting milestones across the entertainment industry. According to Luminate, the singer’s re-release of her 1989 album sold more than 57,000 copies, leading vinyl sales for the week. However, in addition to the No. 1 spot, she also took all but one in the top seven, with Olivia Rodrigo sneaking in at No. 5. In total, the industry moved 2 million vinyl units for only the third time since Luminate began tracking sales data in 1991.

'Succession' Memorabilia Hits the Auction Block

HBO’s Succession finished its four-season run in 2023. Now, some key props from the groundbreaking show are heading to auction. Heritage Auctions unveiled a wide-ranging catalog, featuring some coveted items from the Roy Family. The lineup includes suits worn by several of the show’s actors, Kendall Roy’s Harvard diplomas, Tom’ ROYCO badge, and much more. The auction closes on Jan. 13.