Essential The Big Thread of Black Excellence

Danie84

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Moms Mabley (1st Black women comedian and pioneered the Chitlin Circuit)
 

Marciano

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Gotta salute Jay-Z and his business savvy. Good article on Forbes about the recent Roc Nation Sports. It seems to me, Jay was looking at the bigger picture. He know his share of the Nets wasn't really much & so he wanted what's bigger than the Nets....Barclays Arena. If he has equity in the arena itself, then he stands to gain more off of it than just sporting events by the Nets. Concerts he himself puts on or others, he stands to gain plus other reasons the arena is used for.

What Jay-Z's Robinson Cano Deal Means For His Nets Stake - Forbes

But Jay-Z may have already found a work-around. Though he once owned as much as 1.5% of the $530 million team, his stake has dwindled to one-fifteenth of one percent.

Why? Jay-Z’s representatives didn’t immediately respond to a request for comment, but it seems he may have converted the difference into equity in the Barclays Center. He owns now owns roughly one-fifth of one percent of the billion-dollar building.

Given that his remaining stake in the Nets is worth about $350,000—comprising less than 1% of Jay-Z’s net worth—it’s no longer a financially significant sum to the rapper or the team.

Jay-Z could easily sell his stake back to billionaire owner Mikhail Prokhorov or trade it for more equity in the arena itself. Either way, his existing interest in the Barclays Center would allow him to keep profiting from the Nets’ success while staying within the NBA’s rules. Knowing Jay-Z, that was probably his plan all along

:salute:
 

I Lord Justice

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13-year-old student wows Morehouse
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13-year-old student wows Morehouse
Written By: Champion Staff12/24/09 Categorized in: DeKalb News

Stephen Stafford II in front of MLK statue on campus.
by Kalin Thomas

As a 13-year-old, Lithonia resident Stephen Stafford II can usually be found sitting in front of the television playing video games or playing his drum set. But Stafford is no typical 13-year old – he’s a college student. The triple-major child prodigy is becoming a sensation at Morehouse College.

“I’ve never taught a student as young as Stephen, and it’s been amazing,” said computer science professor Sonya Dennis. “He’s motivating other students to do better and makes them want to step up their game.”

“When I saw how much knowledge Stephen has at such a young age, I wondered what I had been doing with my life,” laughed third-year student, Eric Crawford. A psychology major and computer science minor, Crawford wanted to step up his game so much that he got Stephen to tutor him. “Even though I’m older, Stephen is like a mentor and my elder in computer science,” said Crawford.

“Eric’s a really fun person to be around, and we have a good time together,” said Stafford.

Crawford added, “Stephen has a lot of patience with me. I got a 95 in the class because of Stephen.”

Even at age 11 when Stafford started at Morehouse, he got the highest score in his pre-calculus class. “He breezes through whatever I throw at him. If it’s an hour lab, he can do it in 20 or 30 minutes,” said Dennis.

Stafford said he isn’t nervous about studying with students much older than himself. “I just do what I always did. I show up, I do the work, and I go home,” he said.

When talking to Stafford, it’s easy to forget his age. But his age shows when he’s playing video games or even at dinner, where he eats while also trying to solve a Rubik’s Cube. Still, Stafford finds it hard to relate to teens his age. “I relate better to Eric…most kids my age don’t know when to stop playing around and when to be serious,” he said.

Stafford’s mother, Michelle Brown-Stafford, home-schooled both her children (Stephen has an older sister also in college) and believes that parental involvement is essential for students to excel. But when she realized her son was starting to teach her instead of being taught, she knew he needed to be in a college environment.

“It was surreal because on one hand he’s talking about technical things I didn’t even understand, and on the other hand he was asking me to come watch Sponge Bob with him. So it was bittersweet to let him go.”

Brown-Stafford wondered if there were other parents who shared her experiences with a gifted child, so she helped found a support group: Mocha Charm - *"Everybody is a genius.* But if you judge a fish by its* ability to climb a tree, it will live its whole life believing* that it is stupid."* ~ Albert Einstein.

And the Morehouse family has become a support group for Stafford, personifying the African proverb about it taking a village to raise a child. Stafford is too young to stay on campus, so his mother picks him up and drops him off each day. The students protect him and make a point not to curse or discuss certain mature issues around him, according to his mother and Stafford. Even the staff of Jazzman’s Café, where Stafford tutors Crawford, helps nurture Stephen into becoming a “Morehouse Renaissance Man”–well-spoken, well-dressed, well-read, well-traveled, and well-balanced. The cafe’s general Manager, Darren Page, added an unofficial principle: well-fed. “A Morehouse Man cannot study on an empty stomach,” said Page. So whenever Stafford comes to Jazzman’s, Page gives up his own employee meal for the 13-year-old.

It seems that everyone wants to be a part of helping Stafford graduate in 2012, and go on to Morehouse School of Medicine. And because of a Georgia law that requires a student to be 16 to graduate high school, he’ll be getting his high school diploma the same year he receives his college degrees in math, computer science and pre-med.

“Kids will live up to your expectations. But I ultimately want Stephen to be happy,” said Stephen Stafford Sr. Brown-Stafford added, “I want him to be well-rounded and still connect with kids his own age, so we put him in DeKalb County’s 4-H Club and other programs.” She added that she’s thankful to the Morehouse family for embracing her son.

“I want to see what Stephen becomes 10 years from now,” said Crawford. Page added, “I want to be at his graduation. And then I want to walk by and touch the [campus] statue of Dr. Martin Luther King and recognize I had a role in [Stephen] walking in Martin Luther King’s footsteps.” And how fitting, since Dr. King entered Morehouse at age 15.

So to put a spin on Dr. King’s “I Have a Dream” speech, Stephen is being judged by the content of his character, not by his age.
 

AquaCityBoy

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My 13-year-old nephew was given an award today for having the highest grades in his class.

Black excellence starting at a young age. :wow::whew:
 

Marciano

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Jay-Z Is In The Building: How He'll Profit On Nets After Selling Stake - Forbes

That means he’ll share in the stadium’s success not just for Nets games, but for concerts and other events held there.

The cleverness goes deeper. Through his involvement with the Nets, Jay-Z managed to get an outpost of his 40/40 Club installed at the Barclays Center, along with a store that sells Rocawear clothing....

The arena also features placements for Hublot watches and Armand de Brignac “Ace of Spades” champagne, two products to which he has financial ties....

That’ll keep the crowds coming to the Barclays Center, and the cash flowing into Jay-Z’s coffers–regardless of whether or not he owns a stake in the team itself....

I dunno why Jay has so many haters. The moves he makes are all about profit, who can't salute that?

nikkas like Hov ya sound too Rich
I’m Like Oh! ain’t that about a b!tch
Ain’t that we here for, therefore
I sound like I'm supposed to sound

LOL

:salute:
 

↓R↑LYB

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