In Friday's Daily Rap Jay Z buys Yankees shares, Lil Wayne fake tickets, new album for D Block and Russell Simmons ordered by court to pay $40,000
Jay buying into the Yankees?
Looks like mogul Jay Z is looking into buying shares in the NY Yankees. The coveted baseball team based in the South Bronx will be, if the deal goes ahead, the second team that the Brooklyn rapper has shares in.
Jay Z, born Shawn Carter currently has a stake in the New Jersey Nets basketball team and was once in talks to buy a stake in Arsenal FC here in the UK.
Jay an avid supporter of the Yankees is currently in the UK performing at Glastonbury and will be performing in Hyde Park next week.
Lil Wayne hoax
He might have sold another 309 k albums this week but fans of the Cash Money rapper were left enraged in Alabama after 700 of them bought fake tickets for a concert supposed to be headlined by the Current King of Hip-Hop.
Lil Wayne was in actuality never expected to show up at the event organized by a con artist known as Tony Lee. He and an unnamed accomplice left the venue with over $45,000 in cash after assuring club owners and party goers that Lil Wayne was running a little late.
The duo had gone to serious extremes to authenticate the concert by advertising on radio and local press.
New D Block album
After many years of waiting for a new Lox album, fans can expect to see a project from the Yonkers trio on shelves on August 19th.
Jadakiss, Styles P and Sheek Louch will be unveiling this, their first album since 2000 when they delivered We are the Streets, through independent label Babygrande.
The album is set to feature production from the trio’s D Block family and showcase the younger members of the D Block entourage.
Russell Simmons to pay $40,000
Founder of Def Jam Records and the Phat Farm clothing line has been directed by courts in Los Angeles to pay former wife, Kimora Lee Simmons $40,000 in alimony for the couples two daughters. The whopping amount of money was not the only thing specified in the courts ruling.
Kimora also has the right to live in the couples former NJ mansion until the property is sold, with Russell footing the $18,000 a month running costs and will also be the recipient of a new vehicle every two years valued at no less than $60,000 thanks to her former husband.
Russell will be allowed his daughters for a week every eight week which has to be spent in Los Angeles where Kimora is now based and must be accompanied by a nanny and security guard at all times, both, of course, selected by Kimora.
Melanie Cornish