Money

Golden State Warriors head coach Steve Kerr just revealed the extent of Draymond Green's punishment for punching teammate Jordan Poole in practice last week ... saying the NBA superstar will be fined and NOT suspended -- and he will rejoin the team on Thursday.

Kerr cut to the chase after the Dubs' preseason win over the Portland Trail Blazers on Tuesday ... starting off his postgame news conference by sharing an update on the 4-time champ.

Coach says the team has had "deep discussions" with players -- including Poole and Green, as well as Stephen Curry -- and other execs in the league about the incident ... and came to the conclusion that it was the best route to take after assessing everything.

Kerr -- who took the Warriors job in 2014 -- says it was "an exhaustive process" ... and it was a challenging decision.

"This is the biggest crisis that we've ever had since I've been coach here," Kerr said. "It's really serious stuff."

Kerr says he will not disclose the amount of Green's fine.

Poole and Green have had a sit-down conversation since the incident, Kerr said ... adding Jordan played a key part in determining the penalty.

By the sound of it, the two players have buried the hatchet and are willing to team up to defend their title this upcoming season.

Brett Favre is finally breaking his silence on his alleged role in the Mississippi welfare funds scandal ... insisting this week, "I have done nothing wrong."

Favre released a lengthy statement to Fox News in order to "set the record straight" -- claiming he had no idea that the funds he was seeking to help build a volleyball facility at Southern Mississippi were intended for those in need.

"No one ever told me, and I did not know, that funds designated for welfare recipients were going to the University or me," the NFL legend said. "I tried to help my alma mater USM, a public Mississippi state university, raise funds for a wellness center. My goal was and always will be to improve the athletic facilities at my university."

As we reported, Favre has been accused of working with government officials to obtain $5 million from Mississippi welfare funds in order to build the venue at his alma mater -- where his daughter played volleyball.

Favre was also accused of pocketing over $1 million in welfare funds for public speaking engagements that he allegedly blew off.

Texts to an official appeared to show Favre knew what he was getting into ... with one reading, "If you were to pay me is there any way the media can find out where it came from and how much?"

Favre's attorney, though, explained to Fox News that simply, "Like most celebrities, he didn't want his source of income to be public."

"He had no idea that the payment came from [Temporary Assistance for Needy Families]," Eric Herschmann said, "and had he known he never would have accepted that money."

Favre added in his statement, "I have been unjustly smeared in the media."

Conan O'Brien can break out the bubbly ... because he just accepted an offer on his oceanfront home.

Conan's been on the hunt for a buyer since July. He had listed the property in Carpinteria, CA, just south of Santa Barbara, for $16,500,000.

Conan's 2,142 square foot pad is just steps from the sand ... it underwent an extensive remodel after he and his wife Liza bought it back in 2015 -- at the time they plunked down $7.9M for the property.

The house has panoramic ocean, island and coastline views ... there's a large deck with a built-in BBQ, plus a sunset view deck with private stairs down to the beach.

The main house has two bedrooms, a gym and a detached, 2-bedroom guest house with a wraparound deck. The garage has a Tesla charging station too!

For those salt lifers ... there's an outdoor shower and storage area for surf and paddle boards ... essentials for life at the beach.

Conan and Liza are upgrading in the same area, reportedly plunking down $23M.

"Not Okay" star Zoey Deutch is certainly not doing OK, after burglars hit her L.A. Area home.

LAPD sources tell TMZ ... Zoey arrived home earlier this month to discover a door smashed in and her home a mess. Our sources say the culprit(s) made off with over $300,000 in cash and jewelry.

It's not a situation we've seen recently, where a celeb leaves town and lets the world know. She was in L.A. and was just out for a few hours.

Zoey is not the only celebrity victim lately. TMZ broke the story ... Arsenio Hall's house was hit twice in a matter of weeks, both times while he was home, and Rapper Tee Grizzley was recently hit for over a million dollars in jewelry and cash.

As for Zoey's case -- cops are looking at video in Zoey's neighborhood in an effort to identify the crooks, but as of now ... no arrests have been made.

50 Cent's oldest son has a solution to mend his relationship with his famous dad ... offering a chunk of his child support money to buy back some father-son QT.

ICYMI, 25-year-old Marquise Jackson has been getting roasted online for an Instagram argument, where he claimed $6,700 wasn't enough cash flow for his mother to take care of him.

Not many people can relate to having an additional $80K per year, but Marquise is adamant it wasn't enough. He's taken it so far, he even flipped his dad's infamous "Broke" IG photo to spell out "Entitled" for all his haters.

He also issued a challenge to Fiddy -- accept $6,700, one month's worth of the child support his mom used to get -- in exchange for 24 hours of one-on-one time with his dad.

50 and Marquise have been unfortunately trading shots in the public ... so, it seems unlikely the hip hop mogul will take his seed up on the offer.

Amid the latest back and forth, he found time to respond via his alter-ego Kanan, his character from "Power" ... and posted the chilling scene where the character kills his son after a bitter dispute.

Bronny James is following in his father's footsteps and joining the Nike family -- the high school hoops star just inked an NIL deal with the shoe giant.

Nike made the announcement just minutes ago ... saying the 18-year-old Sierra Canyon baller is one of five high school prospects who recently signed Name, Image and Likeness endorsements with the Swoosh.

It was a no-brainer to get Bronny on board -- especially considering Nike and LeBron James have been attached at the hip since he was drafted in 2003 ... and collaborated on 20 signature shoes together.

The other student-athletes getting NIL deals include Caitlin Clark, Haley Jones, Juju Watkins, and DJ Wagner, son of ex-NBAer Dajuan Wagner.

Wagner is considered one of the best hoopers in the class of 2023 -- and is listed #1 on ESPN's Top 100 players.

There's a good chance Bronny takes his talents to Columbus to play at Ohio State next season ... which just so happens to be a Nike school.

Byron Allen is making a BIG move ... because he just dropped nine figures on an oceanfront home ... and it's in the record books.

The billionaire TV mogul dropped $100 million on an 11,000-square-foot estate in Malibu ... and the place is palatial.

Here's what $100 mil buys in Malibu's exclusive Paradise Cove enclave ... a four-bedroom house with two guest houses and all the bells and whistles, including a home theater, tennis court, gym and yoga studio ... all on a breathtaking, expansive lot.

Byron's new digs sit on a bluff overlooking the Pacific, so the home has sweeping ocean views. The primary suite has its own fireplace, bathroom, custom walk-in closets and private terrace.

There's a winding path down to the beach ... and Byron can hop in a golf cart if he doesn't feel like walking to the coastline. He basically bought his own Malibu resort.

Byron's adding to an already impressive real estate portfolio ... we're told it's now worth $500 million ... he has properties in Aspen, Beverly Hills, Maui and New York.

And, get this ... it's the most money an African American has ever spent on a home in the United States, with Byron toppling the prior record -- $88 million Beyoncé and Jay-Z spent on their Bel-Air mansion.

Byron bought the place from the family who co-founded Public Storage, and his next-door neighbor is WhatsApp cofounder Jan Koum.

Arnold Schwarzenegger may be the most expensive personal trainer in the land, because Sunday he worked out 2 crews that each plunked down $150,000 ... all for an incredible cause.

Arnold was at Gold's Gym in Venice, which he made world-famous, and made good on a charity auction at his home Saturday night.

Morris Flancbaum from Florida and his fam bid the $150k to get a good pump under Arnold's tutelage. Morris and his sons got pointers from The Terminator as a crowd formed to watch. Another $150k auction winner was there as well, getting fit with Arnold.

The charity -- After-School All-Stars -- is fantastic. Arnold created it 30 years ago to benefit school kids around the country. It provides after-school programs and exercise for 100,000 kids in 60 cities.

This time around folks donated $5.2 million, of which $1.75M came from the auction. In addition to a training session, Arnold auctioned off clothes, humidors, art and a ride in his tank!!!

Guests paid $50k a head to attend the event. Sylvester Stallone, Danny DeVito and Dolph Lundgren, along with the costars of Arnold's new Netflix show, "FUBAR," all showed.

And this part's amazing ... the charity just opened a school program in Uvalde, Texas, at the request of the City. It only took 45 days to get the program up and running.

Jennifer Lawrence is getting back to her indie roots -- not so much because she has to, but wants to ... as it appears going mainstream in Hollywood has taken its toll on her.

The A-lister is in London plugging her latest flick, "Causeway," which sees her taking on a very quiet, dramatic role ... playing a U.S. soldier with PTSD and getting acclimated to regular life again. It's drastically different than anything she's done in recent years.

What we mean, of course, is that this isn't a major blockbuster by any stretch of the imagination -- it's an A24 film, with a way smaller budget and limited release via Apple.

Beyond just that, though, this is territory that JLaw hasn't ventured into in a while. Fact is, she's been one of the industry's highest-paid actresses for quite a while now ... which, of course, is due to her starring in major franchises like "X-Men" and "The Hunger Games."

Her Academy Award for Best Actress -- for her lead role in "Silver Linings Playbook" -- also shot her into a new stratosphere ... making her one of the most desirable hires in the biz.

As it turns out ... Jen is actually looking back on all that with a fresh perspective -- this on the heels of giving birth to a baby, and getting hitched. During a staged sit-down Saturday, Jen was quoted as feeling a sense of instability after achieving the pinnacle of acting fame.

Per Variety, she said ... "I think I lost a sense of control. Between "The Hunger Games" coming out and winning the Oscar, I became such a commodity that I felt like every decision was a big, big group decision. When I reflect now, I can’t think of those following years, [because there was] just a loss of control."

There's another quote floating around that's being attributed to JL -- and it touches on her future in movies ... which seems to swear off doing anymore big-time popcorn films.

Jen reportedly said during this same chat, "I loved superhero movies. Franchise is art and they’re so fun; I could never do one now because I’m too old and brittle. I love them too. This generation understandably likes a world to escape to, and I can relate to that."

That's pretty interesting. It sounds like she's going to be far more selective with the projects she signs onto going forward -- which could mean more Oscar-bait-y flicks like "Causeway."

Sonny Vaccaro -- the man who famously helped Nike sign Michael Jordan back in the day -- says if he were still in the shoe brand industry ... he could see Victor Wembanyama getting an unprecedented sneaker deal that could include "a blank check."

Wembanyama, a 7-foot-4 center from France, blew the doors off the American basketball world this week ... putting on a clinic in two nationally televised, showcase games in Nevada -- and Vaccaro was left nearly speechless by it all.

Sonny, who's seen all of the top prospects in basketball for decades, tells TMZ Sports he's never seen anything quite like what Victor showed on Tuesday and Thursday.

"He's so young, he's so articulate. He's handsome," Vaccaro said. "All of the things. I am knocked off my feet."

LeBron James was impressed too. The Lakers superstar called Victor -- the surefire No. 1 overall pick in the 2023 NBA Draft -- "an alien."

And, Sonny says all of it would lead him to hand over a king's ransom in order to sign the player to a sneaker deal ... if he were still a part of that world.

"He's worth a blank check," Vaccaro said.

Vaccaro's starting offer for Wembanyama would include money in the $15 million per year range ... and it would also come with a percentage of Wembanyama's shoe sales for the budding superstar -- something he says no prospect EVER gets.

"There's going to be pro teams that lose 82 games next year to draft him," Vaccaro tells us. "That's the same value I'm trying to say. He's this valuable. He's this good."

Sonny added if he were Wembanyama, he'd request a clothing line in addition to a sneaker pact -- and if he were representing the shoe giant on the other end of the negotiations, he'd happily give it.

Talk about kickin' a simple claw machine up a notch ... the premiere party for "Bling Empire" had a real, eye-turning game that you'd be a fool not to press your luck on!

Folks at the shindig tell TMZ ... Christine Chiu, one of the cast members on the Netflix series, held the bash Wednesday night at the Pendry in WeHo to celebrate the show's 3rd season.

There were awesome gifts and activities for guests -- but nothing topped the arcade machine filled with some serious bling.

The claw machine featured real diamonds and other goodies ... including Dunamis diamond watches for men and women, as well as tokens up to $1,500 that can be cashed in at Jason of Beverly Hills.

FYI -- Jason of BH has made some sweet jewelry in the past, including the official Super Bowl rings for the LA Rams, as well as NBA Championship rings.

The claw machine carried a total value of $150K ... obviously, it had security around it to keep the goods safe.

Sean O'Malley isn't an underdog often (in fact, it's never happened in the UFC) -- but "Suga" ain't sweating the betting odds for his fight with Petr Yan -- he actually sees it as an opportunity to make a bundle of cash!

"3 to 1. Sounds like some die-hard Suga fans could really make some serious cheddar," O'Malley told TMZ Sports earlier this week.

"I know a lot of people always bet on me, it's always kind of hard to make good money on me because I'm always the pretty big favorite. It's very interesting being an underdog. At the end of the day, it doesn't really mean anything to me but it is, it's kinda nice."

27-year-old O'Malley is fighting 29-year-old Yan at UFC 280 on Fight Island ... and the current betting odds put Petr at -400. Suga's +200.

That means you'll have to lay down $400 just to make $100 back on Yan. Meanwhile, you only have to wager $100 to win $200 back on O'Malley.

Typically, betting on Suga to win outright would require risking much more than you stood to win. For example, he was a -330 favorite against Raulian Paiva in December (you'd risk $3 for every $1 you won). Against Petr, you win $2 for every $1 you bet.

Betting aside, Yan, the former champion, is coming off an April loss to now-champ Aljamain Sterling ... a fight that was razer close.

O'Malley, ranked 12th in the division, last fought in July at UFC 276 ... a fight that was declared a no-contest over an accidental eye poke.

The scraps not going down in Las Vegas, or anywhere else in the U.S., Dana White and the UFC are returning to Fight Island on Yas Island in Abu Dhabi (Sean's pumped to fight in the UAE!).

We also talked to Suga about his ascension as one of the sport's biggest stars.

"[Fans are] wanting that next superstar. Conor can come back and still be considered the biggest superstar in the sport. So anytime he fights, he is, but when Conor is gone, when it's all said and done, I wanna be that next guy. I wanna be that guy that everyone gets excited for, everyone and their grandma watches the fight just because."

A win will get Suga -- who flew to Abu Dhabi yesterday -- a step closer to that superstar status.

Daymond John says Adidas has a huge decision to make about Kanye West ... he says the relationship can go boom or bust, and the big issue is Ye's unpredictability.

The "Shark Tank" star joined us Friday on "TMZ Live" to discuss Adidas announcing it's reviewing the partnership with Kanye following his controversial YZY fashion show in Paris -- y'know, the one where he wore the "White Lives Matter" tee.

Daymond says Adidas is going to have a very tough decision to make. He says Ye can make or break the brand, but the X-factor is Kanye's volatility, which makes for a big risk no matter what direction Adidas takes.

As we reported, Ye's volatility was on display almost immediately after the Adidas announcement -- he accused the company of raping and stealing his ideas. Oh, and he boldly declared he IS Adidas.

Daymond added ... he hopes both parties can work this out, because it's in their best interests to do so. Interestingly, he thinks the final decision won't be made with only the bottom line in mind.

Speaking of finances, Daymond's looking to boost 'em for business owners ... with his third annual Black Entrepreneurs Day at the famed Apollo Theater.

He let us in on the huge (literally in Shaq's case) celebs who'll be joining him on stage on October 27 to share their success stories, and to dish out valuable advice.

The internet is up in arms about Home Depot after reports it allegedly donated serious dough to Herschel Walker's U.S. Senate campaign -- and while the company tells us it didn't happen, it's also clarifying where the wires got crossed.

A rep for Home Depot tells TMZ the claims just aren't true ... specifying, "Home Depot's PAC (political action committee) hasn't donated to Walker's or (Raphael) Warnock's campaigns."

We're told the connection to the company likely came out because Home Depot's co-founder, Bernie Marcus, did donate to Walker's campaign. The company rep points out Marcus left the company more than 2 decades ago, adding "his views do not represent the company."

People online have been calling for a boycott of Home Depot following the reports claiming the company donated more than $1 million to Walker's campaign.

The rep says Home Depot is "working on correcting misinformation online now."

As we reported, the ex-NFL star and Senate candidate has been getting dragged over his "pro-life" beliefs ... in light of a woman coming forward and insisting Walker got her pregnant and paid for her to have an abortion in 2009.

Draymond Green proved he can throw a mean punch ... and Jake Paul's already drooling over the Warriors star's potential -- saying he'd pay $10 MILLION to get the 4-time champ in the boxing ring ASAP.

TMZ Sports obtained video of 32-year-old Green knocking teammate Jordan Poole to the ground after a heated back-and-forth during practice on Wednesday.

Paul clearly saw the footage ... and on Friday, he said he'd pay top dollar to see 6'6", 230 lb. Green to pick up a new sport.

"Gotta get Draymond Green in the boxing ring," the Problem Child tweeted ... adding he already has an idea for who his opponent could be.

"Draymond Green vs Deron Williams. Who wins?"

Of course, Deron is a former NBAer-turned-boxer ... and he fought NFL star Frank Gore on one of Jake's undercards in the past -- so the opponent would make sense if Green was actually interested.

As for the payday, Jake is ready to write a FAT check -- "Draymond I got $10 million for you to get in the ring on the next Most Valuable Promotions pay per view. Who you want?"

Sharon Osbourne doesn't totally understand the controversy with Kanye West and his "White Lives Matter" shirt ... but she agrees with his view on BLM being a "scam."

We got Sharon shopping at YSL on Rodeo Drive in Bev Hills and asked her about Kanye's controversial shirt ... and she told our photog all lives matter.

While Sharon admits she's not completely up to speed on all the intricacies of the debate around Kanye's fashion statement, she does have a strong opinion on BLM.

Sharon perked right up when we told her Kanye ripped BLM for being "a scam."

Ozzy's wife says the couple gave $900,000 to BLM -- presumably in 2020 -- and told us she would like her money back and wishes Kanye spoke out before they cut the check.

Sharon says Kanye shouldn't be canceled over the "White Lives Matter" shirt ... telling folks to simply ignore Ye if they don't like what he's doing.