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March 29, 2023

Magic Johnson and Josh Harris Place a $6B Price Tag on the Commanders

It appears as if the sale of the Washington Commanders may be approaching at long last. Josh Harris led a group of potential buyers, which includes Magic Johnson and billionaire Mitchell Rales. If successful, Harris will add to his sports portfolio that currently holds the Philadelphia 76ers and New Jersey Devils. According to official reports, the bid is worth over $6 billion, a huge bump to the previous record of $4.65 billion set in the Broncos sale last summer. Sources believe that the deal could be finalized by the NFL Draft, which begins on Apr. 27.


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GloRilla Leads New Tommy Hilfiger Collab with Aries

GloRilla is everywhere these days. The “F.N.F.” artist recently landed a starring spot in Tommy Hilfiger’s collaboration with London-based streetwear brand Aries. D’Shonda Brown sat down with Whitney Harper, the woman who connected the up-and-coming rapper with the legacy brand in the most recent installment of Boardroom’s Women’s History Month profiles.

Paul Newman’s Forgotten Rolexes Expected to Yield Millions at Sotheby’s Auction

The value of wrist wear is on the rise. For relatives of the late, great actor Paul Newman, his hidden collection of Rolexes may have a major payoff. Two Rolexes from Newman’s collection were discovered deep in a desk and will be put up for auction at Sotheby’s. Early estimates signal that they will surpass a million dollar price tag at the final gavel.

Stephen Curry’s Media Company to Document NYC’s All-Star Café Heist

Times Square has seen a lot through the years. In 1995, The All-Star Café opened its doors, promising to provide sports fans with a one-of-a-kind dining experience. By the time it closed 12 years later, it became the central plot of a haphazard heist. Now, the establishment’s rise and fall will get the documentary treatment from Steph Curry’s Unanimous Media, based on a 2020 Sports Illustrated article. When announcing the project, Unanimous co-founders Curry and Erick Peyton said, “A story with a shocking twist at every turn, we’re looking forward to elevating Jon Wertheim’s words to bring these exciting and compelling projects to audiences.”

Women’s Elite Eight Viewership Eclipses NBA on ESPN

The journey to the Women’s Final Four has left fans on the edge of their seats. From Maddy Siegrist’s 52 points to Angel Reese’s record-setting double-double, there have been endless storylines emerging coast to coast. And, according to ESPN, the masses are tuning in. Sunday’s matchup between Louisville and Iowa brought in 2.5 million viewers, more than any NBA game on the network this season. Additionally, tickets for the Women’s Final Four are outpacing the men’s. Sportico reported that the lowest ticket price in Houston for the men’s games was $99, while that figure was three times more for the women at $323.

Lululemon’s Quarterly Report Sparks Spike in Stock

One of the most successful stories of the last few years has been the rise of the athleisure industry. Leading that charge is Lululemon. In its most recent earnings report, the Canadian sportswear company revealed higher-than-expected earnings. Both the past and present look bright for the company, which also boosted its 2023 projections to $9.3 to $9.41 billion, outpacing Wall Street’s estimate of $9.14 billion. In combination, the news yielded a 14% spike in premarket trading.