Will Smith Becomes Phila 76ers Owner

Despite the NBA lockout, Will and Jada Smith acquired a piece of the Philadelphia 76ers. A native of Philly, the couple will have a minority stake of the team. According to majority owner and billionaire, Joshua Harris:

"My partners and I are thrilled to have become owners of the Sixers. It’s an honor to be part of this storied franchise. We want to build on the team’s momentum and be world class and cutting edge in everything we do."

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Will Smith and Jada Shoot Down Divorce Rumors: ‘Our Marriage is Intact’

Earlier today TMZ pointed out Touch Weekly put out a rumor regarding Will and Jada calling it quits in their marriage. As unexpected as it sounded, you can’t really call anything that happens in Hollywood outlandish these days. But the couple, who have been hitched nearly 13-years released a statement denying all reports regarding a divorce.

“Although we are reluctant to respond to these types of press reports, the rumors circulating about our relationship are completely false.” The two add, “We are still together, and our marriage is intact.” (via TMZ)

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Will Smith Working On New Album

Mars from the production team 1500 Or Nothin recently told XXL that he’s currently working with Will Smith on his comeback album. He is also due to lock in with T.I. when he gets released from prison later this month. The producer’s latest work has been on Game’s The R.E.D. Album on which he produced 4 tracks and also handled the Executive Producer duties.

“We’re working on Tip, we’re working on the High School movie with Snoop and Wiz Khalifa. We’re working on Will Smith, bringing him back. That’s actually him on the other line right now. Snoop’s daughter, we just put out her first single. We’re doing the whole album. Mario wants me to d a mixtape with him, we’re working on that. I’m working on Ashanti. We’re just working on as much as possible.”

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Video: Nas Brings Out Will Smith In Philly

Last night, the Distant Relatives: Nas and Damian Marley hit up Philadelphia’s Electric Factory. As Nas was in the solo portion of his set, the Philly native Will Smith joined him on stage to perform “Made You Look” as Nas proclaimed the actor/film producer as “The king of Philadelphia.”

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