A few weeks back in the New York Times, a pretty revealing piece was released on Jay-Z that had to do with how well the rapper/mogul maximized his minimal investment in the Brooklyn Nets. Among the facts revealed was that the $1 million investment Jay-Z orginialy gave to the Nets amounts to just one-fifteenth of one percent of the franchise.
It was also revealed that…
ContinueAdded by WORLD WRAP FEDERATION on August 29, 2012 at 2:00pm — No Comments
The man accused of breaking into LL Cool J’s home has pleaded not guilty to a felony burglary charge.
Jonathan E. Kirby appeared in a Los Angeles courtroom Tuesday morning and entered the plea.
Kirby was arrested after the actor-rapper subdued him in his home early Aug. 22, breaking the 56-year-old’s jaw, nose and ribs in the process. He was later charged with…
ContinueAdded by WORLD WRAP FEDERATION on August 29, 2012 at 1:41pm — No Comments
Rapper Beanie Sigel -- famous for his work with Jay-Z and Snoop Dogg -- was arrested early this morning in Philly for drugs and gun possession ... 2 weeks before he's supposed to turn himself in to prison for a separate crime.
Sigel was sentenced to two years in the big house for failing to file tax returns for the years 2003, 2004, and 2005 -- stiffing the IRS out of…
ContinueAdded by WORLD WRAP FEDERATION on August 29, 2012 at 1:16pm — No Comments
Relax, Bill Cosby fans. The 73-year-old Cosby Show star is not dead -- just the latest unfortunate victim of an internet death hoax.
Rumors of the actor's demise surfaced Monday when Facebook user Jonathan Gorman created a group page on the social networking site called "R.I.P. Bill Cosby." The site quickly garnered 315,000 likes, causing Cosby to take to Twitter to…
ContinueAdded by WORLD WRAP FEDERATION on August 29, 2012 at 12:59pm — No Comments
Added by WORLD WRAP FEDERATION on August 28, 2012 at 2:47pm — No Comments
Lindsay Lohan claims she's been framed in the theft of $100,000 of watches and sunglasses, telling friends the real culprit is a man claiming to be Suge Knight's son. Problem is ... cops aren't buying what she's selling.
Lindsay is now officially a suspect in the theft, which occurred at the lavish home of Sam Magid, a good friend of LiLo's.
Magid told cops…
Added by WORLD WRAP FEDERATION on August 28, 2012 at 1:19pm — No Comments
A year after retiring as the Queen of Daytime, Oprah Winfrey has continued her reign at the top of the annual Forbes list of highest-earning celebrities.
The 58-year-old Winfrey topped the list - which measures stars' revenues between May 2011 and May 2012 -- for the fourth straight year, despite a $125 million drop in her earnings due to the end of her long-running…
Added by WORLD WRAP FEDERATION on August 28, 2012 at 12:28pm — No Comments
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Added by WORLD WRAP FEDERATION on August 28, 2012 at 11:46am — No Comments
Cassie Showing Off Her Racks. It should say Cassie Shows Off [Diddy's] Racks Or Cassie shows off [Justin's] Racks

Well hey if she has GPS Enabled on her phone, atleast Jadakiss knows where to find his publishing…
Added by WORLD WRAP FEDERATION on August 27, 2012 at 7:14pm — No Comments
Added by WORLD WRAP FEDERATION on August 27, 2012 at 6:51pm — No Comments
Pusha T - Exodus 23:1 (Live) Rock The Bells 2012 NOS Events Center San Bernardino CA.…
Added by WORLD WRAP FEDERATION on August 27, 2012 at 12:39pm — No Comments
O.F.T.B., Soopafly, Jewell and Swoop G are just some of the former Death Row Records artists featured on the second volume of never-before-songs to be released from the archives.
Death Row Records will continue its 20th anniversary of releasing albums with a second volume in its 20 To Life compilation series on September 25. Rare & Dangerous Volume 2 will feature…
ContinueAdded by WORLD WRAP FEDERATION on August 27, 2012 at 1:28pm — No Comments
12 Million records sold from Dazed One on Vimeo.
DJ Khaled Recieves A Plaque From Birdman For 12 Million Singles Sold…
ContinueAdded by WORLD WRAP FEDERATION on August 27, 2012 at 1:06pm — No Comments
Waka Flocka Flame Calls Himself The 'King' Of 'Reckless Music' "My fans deserve this," Waka Flocka Flame says of his new mixtape Salute Me or Shoot Me, Vol. 4.…
Added by WORLD WRAP FEDERATION on August 27, 2012 at 12:22pm — No Comments
That Niqqa's A B*tch: Soulja Boy Dissing Hopsin!
This happened last night on SODMG.com. This nicca going in on him too! And why is he laughing like Money Mike?…
Added by WORLD WRAP FEDERATION on August 26, 2012 at 11:11pm — No Comments
Illuminati meet up. Even got the high class hoes in the back
Jeezy look happy as f**k to be given a crumb from the elite table. Just remember Jizzel, the cost is your soul....
I ain't Mad tho, do your thing![]()
But how else do you explain…
ContinueAdded by WORLD WRAP FEDERATION on August 26, 2012 at 10:36pm — No Comments
When Rihanna opened up to Oprah about her undying love for Chris Brown -- the vilified ex-boyfriend who beat her up on the eve of the 2009 Grammys -- the revelation left many fans and critics puzzled. Among them was comedian Joan Rivers, who's since instigated a Twitter war with the Bajan beauty.
"Rihanna confessed to Oprah Winfrey that she still loves Chris Brown,"…
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Added by WORLD WRAP FEDERATION on August 26, 2012 at 4:12pm — No Comments
Added by WORLD WRAP FEDERATION on August 26, 2012 at 3:37pm — No Comments
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