Can you say baller?! Magic Johsnon can because he just bought the L.A. Dodgers for $2 Billion.  Not only is that the highest price paid for sports franchise but he's now the first black owner in Major League Baseball.

Dame Dash has more problems.  Curren$y, a former Dame Dash affiliate, is suing the mogul for $1.5 million dollars.  Currensy is claiming that Dame sold his music without permission.  Welcome to the music biz, Currensy!!

Back in October of 2010 Kareem "Biggs" Burke was busted in a massive pot ring that controlled New York City.  Well, today, he pleaded guilty in Federal court.  He facing atleast 5 years.

Ski Beatz talks about the missed opportunity to give Biggie one of his beats. Also kicks it about being in the studio with Biggie and Jay-Z and their friendly competition and after you're done... Go to Itunes for Ski's latest album 24 Hour Karate School Presents Twilight http://goo.gl/NK4mr.

Also... next episode Ski talks about the inspiration behind one of his most succesful records.

The former G-Unit rapper had a close call in Nashville earlier this morning after his SUV was shot up in an apparent drive by.  A female passenger wasn't so fortunate as she was shot in the shoulder and taken to a nearby hostpital.

James “Jimmy Henchman” Rosemond who was already sitting in a Brookyn Fed jail on coke distribution charges has officially been charged with ordering the murder of an associate of 50 Cent.

DMX was in the building today with Envy, Charlamane, and Angela Yee and kept 100% real like he always does.  Sorry Drake.

Damn homie!! Game is about to cough up $5 Milli to 5 North Carolina cops after losing a Defamation lawsuit.  I'm guess he's in the studio tonight trying to make some hits so he can pay this thing off.  Ouch!

Ice T's super curvy wifey has long been rumored to have ass injections.  Butt (pun intended) have no fear, she went on The Doctors and proved the haters wrong!! Oh my!!

Back in 1996, Diddy spit the lyric "I thought I told you that we won't stop".  And now, 16 years later, we're realizing that he wasn't just talking shit!  The Bad Boy boss is officially announcing his plans for his Revolt television network tomorrow.  In the mean time, you catch him on YouTube giving a little preview of the situation.