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Posts tagged as “NBA”

Jay-Z’s Influence On The Nets Eclipses His Ownership Stake – NYTimes.com

By goodblacknews on August 16, 2012

When the developer Bruce Ratner set out to buy the New Jersey Nets and build an arena for them in Brooklyn, he recruited Jay-Z, the hip-hop superstar who grew up in public housing a couple of miles from the site, to join his group of investors.
Mr. Ratner may have thought he was getting little more than a limited partner with a boldface name and a youthful following that could prove useful someday. But Jay-Z’s contributions have dwarfed the $1 million he invested nine years ago. His influence on the project has been wildly disproportionate to his ownership stake — a scant one-fifteenth of one percent of the team. And so is the money he stands to make from it.

Michael Jordan, NBA Players To Raise Money For Obama

By goodblacknews on August 7, 2012

WASHINGTON (AP) — President Barack Obama is joining NBA legend Michael Jordan and an array of basketball stars to raise money for his re-election campaign later this month.
The Obama campaign is planning a fundraising “shoot-around” and dinner in New York on Aug. 22 featuring several NBA stars, including Carmelo Anthony of the New York Knicks, Rajon Rondo of the Boston Celtics, John Wall of the Washington Wizards and others. Jordan, who played for the Chicago Bulls, Obama’s favorite NBA team, and NBA Commissioner David Stern are co-hosting a $20,000-per person fundraising dinner with the president later in the day.
via Michael Jordan, NBA players to raise money for Obama | theGrio.

GBN Quote Of The Day

By goodblacknews on July 24, 2012

 
“If you run into a wall, don’t turn around and give up.  Figure out how to climb it, go through it, or work around it.”
–Michael Jordan, Five-Time NBA MVP

Former NBA Star John Salley On Mission To Help Kids Eat Healthy!

By goodblacknews on April 25, 2010
Former NBA Star John Salley, like First Lady Michelle Obama, is on a mission to help children eat healthy and get fit.  He discusses his new cause with HLN’s Jane Velez-Mitchell here:  John Salley on CNN.