Money

Master P's son, Hercy Miller, isn't wasting any time ... 'cause the incoming college freshman hoops star tells us he JUST signed a multi-million dollar deal.

TMZ Sports caught up with P and 19-year-old Hercy in Beverly Hills ... a day after the NCAA announced they'll allow athletes to make dough off their image and likeness.

"It was a 2 million dollar deal. It's incredible. This is gonna change the way college athletes want to stay in school," P says.

Remember, a few months back Master P told us he lined up this deal ... and was just waiting patiently for the regulations to change.

Well, rule changed, check ... and Hercy didn't wait long before signing his name on the dotted line.

"I signed a deal with an American technology company. Like my dad said, it's a blessing," Hercy -- an incoming freshman at Tennessee State -- tells us.

A teenage with a couple milli in the bank ... so what's Hercy gonna do with all that cash??

"I learned from my dad, I'm gonna start off by giving back to the community and everyone around me. I have a camp July 21," Hercy says.

"I'm giving back to the kids. Giving school supplies."

Hercy says he's also going to treat himself to a Tesla.

Kids at a sneaker shop in California got the surprise of a lifetime last month ... 'cause NBA star Zach LaVine popped by and hooked them up with new Jordans!!!

TMZ Sports has learned ... 4 lucky kids were hanging out at Swish Studios in Irvine, when the Chicago Bulls star showed up looking for some new shoes.

We're told the foursome -- who had just wrapped up a soccer tournament -- knew who the NBA player was right off the bat ... and couldn't help but to ask for his autograph.

That's when LaVine got generous ... and told each kid to pick out one pair of kicks for themselves!!

LaVine plopped down his credit card to buy each kid a pair of the Jordan 4 UNCs that came out on April 28, and you can see, the kids were PUMPED for the gifts!!

We're told LaVine didn't go home empty-handed either -- he bought some new Yeezys -- and in total, spent about $3,000 for himself and the young fans.

Swish Studios thanked the 26-year-old guard for the dope gesture on Instagram ... and wished him luck in the upcoming Olympics in Tokyo.

"Looking forward to seeing you do some damage for Team USA!" the shop wrote.

Shawn Stockman is raising money to help families pay for all the expenses that come with raising an autistic child ... with the help of an awesome watch.

The Boyz II Men singer joined us on "TMZ Live" and told us about his charity, Micah's Voice, and how it provides hope and resources for families affected by autism.

Shawn says he found out firsthand how difficult it can be for average families to raise a child with autism when he and his wife, Sharonda, added up all the bills for their autistic son, Micah, and saw a staggering figure.

The pandemic only made things more difficult for families and autistic children, and Shawn's partnering with SEVENFRIDAY to create and sell a limited edition watch to raise money for families struggling to get their kids the care they need.

Richard Branson is closing in on winning the billionaire space race with Jeff Bezos -- because Virgin Galactic now has a flight planned for next weekend, and the British billionaire will be onboard.

Richard's company announced plans Thursday to launch the rocket-fueled flight July 11 ... just 9 days before Bezos plans to travel to suborbital space July 20 with his Blue Origin mission.

Virgin Galactic says Branson will be joined by 2 pilots and 3 other astronauts on the spaceflight, with Richard "testing the private astronaut experience" ... a fancy phrase for the views from space, the cabin, seating and zero gravity.

Richard's company says the spaceflight on Virgin Galactic's VSS Unity SpaceShipTwo rocket plane will stream live on social media, and the mission's been dubbed "Unity 22."

If all goes according to plan, Virgin Galactic and Richard will beat Blue Origin and Bezos by a healthy margin.

Remember, when Jeff announced his launch, back on June 7, Branson hadn't even publicly mentioned a date for his trip. That changed within a matter of days.

Kevin Garnett just sold his massive Malibu property for $16 million bucks ... but the lucky buyer is gonna be shelling out even more dough -- 'cause the house isn't even finished!!!

TMZ Sports has learned ... the NBA Hall of Famer purchased the estate when he was with the Minnesota Timberwolves in 2003, but decided to start a massive renovation project in 2013.

But, KG never got around to finishing the huge project -- hey, he's a busy guy -- before listing the pad a few years ago for $19.9 million.

The place is HUGE -- the house is 11,000 square feet, has a gated entrance and sits on 7 acres right on top of the Pacific Ocean ... which means #views.

There was a bit of drama tied to the place -- as we previously reported, KG's neighbor sued him in 2014 over trees blocking his sight of the Pacific ... claiming Garnett refused to trim them down.

The neighbor also complained in the suit that KG didn't have the proper permits to add-on to the home ... but ultimately, the case was dismissed.

The Washington Football Team is getting hammered with a staggering, and record-setting, $10 MILLION fine after the NFL wrapped up its sexual misconduct investigation of the organization ... TMZ Sports has learned.

The punishment was determined and handed down Thursday after the league investigated claims that high-ranking figures within the team sexually harassed and verbally abused female employees repeatedly and rampantly over the last decade.

At least 15 women came forward with the allegations last year ... saying the NFL's team workplace was toxic and demeaning toward females.

In a bombshell 2020 Washington Post report, one of the women -- former marketing coordinator Emily Applegate -- said she was told to wear revealing clothes "so the men in the room have something to look at."

Another woman -- who wished to remain anonymous, according to the report -- alleged men in the team's football facility would stand at the base of a staircase near the entrance in order to stare up women's skirts.

The league's fine of the team is historic -- it's the largest The Shield has EVER slapped on a team or individual.

Worth noting, the WFT and its owner, Dan Snyder, just announced sweeping and progressive changes to the organization ... including naming Snyder's wife, Tanya, the new co-CEO. Other changes, some put in motion 18 months ago, include changing the cheerleading squad to a co-ed dance team and installing a more racially diverse front office.

Snyder, who was not personally fined by the league, says ... "I feel great remorse for the people who had difficult, even traumatic experiences while working here. I'm truly sorry for that."

"I can't turn back the clock, but I promise that nobody who works here will ever have that kind of experience again, at least not as long as Tanya and I are owners of this team."

The financial institution appointed by the judge to become co-conservator of Britney Spears' estate is bowing out before it even gets started ... TMZ has learned.

Sources with direct knowledge tell us ... Bessemer Trust has decided it does not want to get involved because it's become gun-shy over all the controversy surrounding the conservatorship.

As one source put it ... Bessemer feels the circumstances surrounding Britney's conservatorship have become a "hornet's nest" ... so it's bailing.

Our sources say Bessemer doesn't want to deal with Jamie Spears, but there's more. It has issues, we're told, with Britney's lawyer, Sam Ingham, along with all of the public outcry over her case ... especially after Britney's courtroom cry for help last week.

That means, at least for now, Britney's dad will remain sole conservator of her estate.

We broke the story ... the judge denied attorney Ingham's request to suspend Jamie from estate conservatorship duties back in November. However, the judge did approve Bessemer being made co-conservator along with Jamie, but it still hasn't taken effect yet because Ingham waited until a few days ago to file the necessary documents for that to happen.

It'll all be a moot point now ... because Bessemer's getting out.

Bill Cosby is huddling with his legal team Thursday, and a potential lawsuit against Montgomery County will be the hot topic on the table.

Sources close to Cosby tell TMZ ... the comedian and his wife, Camille, are angry he's been incarcerated for the last 3 years, and they're exploring his options for legal recourse, including potentially suing the county in Pennsylvania where he was tried.

We're told Cosby and his lawyers are looking into a possible lawsuit for abuse of process, and that's just one of several potential options they're discussing.

Legally speaking ... abuse of process refers to the improper use of a civil or criminal legal process for an unintended, malicious, or perverse reason. In other words, it means Cosby could argue the prosecutor deliberately misused the criminal justice process to prosecute him, despite the fact it meant breaking a promise to Cosby from the previous District Attorney.

As we reported, Cosby was released from prison Wednesday after Pennsylvania's Supreme Court overturned his conviction ... in part because it ruled he should have never been criminally prosecuted based on the agreement he made with former Montgomery County D.A. Bruce Castor.

College football legend Reggie Bush says he's fighting like hell to get his Heisman trophy back ... but claims both the NCAA and the Heisman Trust are giving him the stiff arm.

Bush forfeited his 2005 trophy back in 2010 when the NCAA ruled the running back had received improper benefits while at USC ... which vacated his stellar junior season with the Trojans.

Now -- on the day NCAA athletes have been given the green light to make money off their name, image and likeness -- Bush addressed his efforts to have his beloved trophy returned ... and says he's been getting the cold shoulder.

"Over the last few months, on multiple occasions, my team and I have reached out to both the NCAA and The Heisman Trust in regard to the reinstatement of my college records and the return of my Heisman," Bush said Thursday.

"We left multiple messages for Michael Comerford, the President of the Heisman Trust but instead received a call from Rob Whalen, the Executive Director, who stated that Mr. Comerford would not be calling us back and that, in any event, they could not help us."

Bush said he also called the NCAA over the matter, but received "no help or got no response at all."

There has been a massive campaign to get Bush his trophy back -- fellow Heisman winner Johnny Manziel voiced his support on Wednesday with a tweet.

"Give Reggie Bush his Heisman back while we’re at it," Johnny said.

Ex-NFL receiver Torrey Smith added ... "Just like America needs to right it’s wrongs with Marijuana convictions, the NCAA needs to make things right with @ReggieBush!"

Reggie stated his case on the matter ... saying, "It is my strong belief that I won the Heisman trophy 'solely' due to my hard work and dedication on the football field and it is also my firm belief that my records should be reinstated."

Bill Cosby's surprising release from prison means he's free to live his life again, and -- according to one expert in the booking industry -- free to cash in on showing his face in public again.

TMZ spoke with a major player in the booking biz who tells us ... even though the market will be very limited for Cosby, he believes the disgraced comedian will eventually be able to bank $10-15k per public appearance -- and possibly up to $20k for speaking engagements.

Our booking source points to O.J. Simpson as a precedent, saying that despite what he was accused of and found liable for -- killing 2 people -- he still made cash for events afterward. Same will be true for Cosby, according to our source.

Of course, it's not likely to happen right away, but the feeling is there will be a certain demographic of people -- likely older fans who loved "The Cosby Show" -- who are either willing to forgive, or truly believed Cosby was innocent all along.

We're told these people, along with organizations sympathetic to the man once known as "America's Dad," might be willing to shell out dough to see and hear from him.

Not everyone's enthusiastic, though -- Darren Prince of Prince Marketing Group tells us there's no way he'd book someone like Cosby, for any reason. He tells us the guy is just off-limits ... he needs to take some serious steps toward retribution and rehabbing his image ... things he's refused to do, up to this point.

As we reported ... Cosby was released from prison Wednesday after Pennsylvania's high court overturned his sexual assault conviction.

Michael Irvin says someone stole one of his favorite pieces of jewelry -- a diamond necklace with TONS of sentimental value -- and he's mortified that it's now gone.

The Dallas Cowboys legend lamented losing the piece to his social media followers on Wednesday ... saying the ice was jacked by a thief in Miami last weekend.

Irvin says when he was returning to his hotel from a Univ. of Miami football event ... he set his black Louie Vuitton bag down -- which had his necklace in it -- to interact with some fans.

Irvin claims while he was sidetracked ... a man grabbed the bag and bolted.

Michael pleaded with his followers to help find the scumbag and return his stuff, but the former NFL superstar seemed to believe Wednesday there was no hope of getting it back.

And, Irvin said he was straight-up depressed over it, because his chain was PRICELESS to him.

"I have to come out of this depression. So I am sharing with ALL," Irvin said. "This is my necklace that was in my bag. I designed it as a first down chain, holding an all diamond football, which is holding an all diamond cross."

"On each end of the cross are diamonds I acquired at the birth of my children Myesha, Chelsea, Michael and Elijah. It was a piece I built over my life that represents. Faith, Family and Football and my own sentimental way of praying to GOD please always protect my babies."

Irvin added, "I am so hurt its gone."

College athletes will FINALLY be able to rake in money off their name, image and likeness ... with the NCAA making the groundbreaking decision Wednesday to suspend its current rules.

The NCAA's board of directors voted to implement an interim policy starting Thursday ... which will allow all incoming and current student-athletes to start cashing in on endorsement deals immediately.

NCAA president Mark Emmert released a statement on the decision ... saying, "This is an important day for college athletes since they all are now able to take advantage of name, image and likeness opportunities."

"With the variety of state laws adopted across the country, we will continue to work with Congress to develop a solution that will provide clarity on a national level.

"The current environment -- both legal and legislative -- prevents us from providing a more permanent solution and the level of detail student-athletes deserve."

The organization says the temporary policy will remain in place for all three divisions until new federal legislation or NCAA rules are adopted.

Players still will not be able to be paid as a direct result of their athletic performance ... but this now allows them to make money off opportunities like signing autographs, social media deals, advertisements and camps.

The decision comes right as several states were set to make it illegal to follow the NCAA's rules preventing student-athletes from these money-making opportunities.

Four months after James Franco settled his sexual misconduct lawsuit we're now learning the financial terms of the settlement ... and it cost him a couple million.

The amount was revealed in court docs made public Wednesday ... and it shows Franco, his production company Rabbit Bandini Productions, the film school he founded, Studio 4, and others will shell out $2,235,000 to settle the suit. A judge still needs to sign off on it.

If the settlement gets the green light ... 2 of Franco's former students -- Sarah Tither-Kaplan and Toni Gaal, who filed the class-action suit in October 2020 at the height of the #MeToo movement -- will get $670,500 and $223,500, respectively ... but will have to hand over a chunk of that to their attorneys.

The other students who joined the lawsuit will get a cut of the remaining $1.341 million ... again, less due to attorneys' fees and costs.

As we previously reported ... Franco, who opened the school in 2014 and has since been shut down, was accused by students of putting them in gratuitous and exploitative sexual situations.

The students claimed Franco pushed them into performing intimate and explicit sex scenes in an "orgy type setting" ... something they say went way beyond the pale of shooting such scenes.

Kelly Clarkson's about to have a new daytime TV slot ... and she's got a new home to go with it.

The talk show host and former "American Idol" winner just dropped $5.445 million on a beautiful, Colonial-style home in the Toluca Lake neighborhood of Los Angeles ... just minutes from Universal Studios Hollywood in the valley.

It seems Kelly's planting some deep roots in L.A. on the heels of the announcement that "The Kelly Clarkson Show" will take over the time slot currently held by Ellen DeGeneres after the 19th season of her show concludes.

Clarkson's new property purchase came just days before she finally unloaded her mega-mansion in Tennessee for $6.3 million. As we told you ... it had been on the market since 2017, and went through a couple of huge price slashes before she unloaded it.

She also currently has a mansion in Encino, CA -- just a few miles west from her new digs -- listed for $9 million ... so Kelly's been just as busy in real estate business as showbiz lately.

As for her new home in Toluca Lake ... it's 5,000-square-feet with 5-beds and 7-baths, including the guesthouse, and comes with a chef's kitchen, a rotunda-style breakfast nook and a fireplace. The outside has it all too -- swimming pool, spa, tennis court and gazebo.

Tyler, the Creator dropped a boatload o' cash ... for 2 tiny but shiny suitcases and one bellhop to carry 'em.

The rapper is celebrating the release of his new album "Call Me If You Get Lost" with a ridiculously expensive chain and pendant. The total cost ... a whopping $500k, but ya gotta see the extensive work that went into producing it.

The man behind the masterful work is celeb jeweler Alex Moss, who tells TMZ ... Tyler hit him up about 7 months ago to get started on the piece, and it took him 4 months just to find the colored diamonds for it.

We're told Tyler gave Alex a reference for what he wanted, and they tweaked the design together. You can see the pendant is the bellhop toting 2 suitcases.

As for the meaning behind it ... unclear, like a lot of things with Tyler. We're told the rapper didn't tell Alex much, as he wanted to keep it a mystery. He can check that box.

No mystery on the hefty price tag, though -- the piece has more than 186 carats in diamonds, 60 carats in sapphires and a whopping 23,515 stones were hand-set!!!

Hell, the suitcases even open and close.

Tyler, who is seen wearing the piece in his "JUGGERNAUT" music video, is known for rewarding himself in the most spectacular ways.

Soccer legend Mia Hamm is making history yet again ... her rookie card just set a record for the most expensive female sports card ever -- smashing the previous record!!

The 1992 Sports Illustrated for Kids rookie card -- graded a PERFECT 10 by PSA -- hit the auction block at Goldin Auctions a few weeks back ... and it's a thing of beauty.

Over the weekend, the card sold for $34,440!!!

The huge sales price makes this card the most expensive female card ever ... more than doubling the previous record -- a $16k Alex Morgan card.

It's not a surprise that Hamm's card made history ... she's a soccer icon.

Mia played forward from 1987 to 2004, winning 2 Olympic gold medals with the USA women's soccer team and is a 2-time FIFA Women's World Cup champion.

She was also the first female inducted into the World Football Hall of Fame (2013) and even has a building named after her at Nike headquarters.

Hamm also held the record for most international goals (158) by a woman -- or man!