All across New York’s legendary asphalt, basketball’s best young hoopers have been going at it in Nike’s storied NY vs. NY tournament. From Rucker to Dyckman, West 4th to Watson, the temperature’s rising for each athlete looking to take their team to glory and own official bragging rights as the best baller in New York City. It’s an energy that peaks in the hottest months in the Mecca and one that transcends stages and states. On July 27 at 10 am EST, the “NY vs NY” Nike KD16 can finally be yours. The same sneakers KD wore in the playoffs and New York’s top talent wore in summer runs are arriving at retail. Not only is the colorway a major moment for the spirit of summer hoops, but it’s also the first formal rollout for Kevin Durant’s newest signature shoe in the Nike KD16.

Shop the shoes now at Nike and read more about the first drop from KD’s newest signature model from Boardroom’s Ian Stonebrook.

Rihanna is returning to Puma. Back in May, the Barbadian billionaire announced that she will resume her collaboration with the German sportswear label after a hiatus, with a collection expected to drop this fall. The Fenty collab is just one of many upcoming initiatives for Puma, which boosted its annual sales projections for the back half of 2023. Additionally, the company’s quarterly earnings report showed an 11% year-over-year increase in sales. Puma CEO Arne Freundt reflected on the positive projections, noting the appeal of the upcoming collections in major markets including the United States and China, which is expected to keep sales on an upwards trajectory.

Snoop Dogg has proven that he is a man of his word. The rapper and entrepreneur announced that he will cancel his upcoming shows set to take place at the Hollywood Bowl. The shows, which were set to commemorate the 30th anniversary of the release of his iconic album Doggystyle, had already been postponed once. However, with no agreement on the horizon, Snoop took matters into his own hands. He wrote in a statement on social media, “We continue to stand in solidarity with all of our brothers and sisters in the WGA and SAG-AFTRA during this difficult time and remain hopeful that the AMPTP will come back to the negotiating table with a REAL proposal and we can all get back to work.”

Jaylen Brown secured the bag. Now, reports reveal that the Celtics wing has a unique stipulation in his historic contract. He will receive an annual payment of $7,777,777 on July 1 of every year. The move is an homage to his jersey number and his personal brand and foundation, entitled 7uice.

Boardroom’s Sam Dunn has all the details on the record-setting contract. 

Rob Manfred received some job security on Wednesday. Major League Baseball revealed that its 30 owners voted to extend the commissioner’s contract through the 2029 season. The news comes as Manfred had one year remaining on his present contract, having succeeded Bud Selig in 2015. However, he has not been a stranger to controversy during his time in the position. This season, the league has seen a bit of a resurgence due to shorter games resulting from technology and rule innovations, which are targeted toward attracting a younger fanbase.

Universal Music Group is continuing to see massive growth. The company announced that its second-quarter revenue figures are outpacing expectations, driven by the sweeping success of artists such as Taylor Swift, K-pop sensations Seventeen, and more. Revenue is up 8.8% year-over-year, bringing the total figure close to a resounding $3 billion. Perhaps the most promising element of the report is the fact that the company demonstrated growth across all aspects of the business, including streaming, recorded music, and more.