Friday Roundup

Jay Z's officially part owner of the Nets. He's also doing a Footlocker in-store on August 30th in Miami to celebrate the release of the new S. Carters.

Former Bad Boy President Kirk Burrowes has been charged with laundering drug money.

Nas is performing in Central Park this Sunday.

Fat Joe's Terror Squad team repeats as Rucker champions with a victory over the Ruff Ryders squad.

Puff's flagship Sean Jean store is almost ready for its August 29th grand opening. Diddy's also preparing a political documentary with MTV.