NBA player is latest athlete to face housing market struggle

Denver Nuggets guard Allen Iverson is offering a $1 million break on his Villanova, Pa., home. The 14,000-square-footer has six bedrooms, his-and-hers marble bathrooms, a 12-seat movie theater, pool house and four-acres of land. But after at least a year on the market, Iverson and his wife, who bought the house together in 2003, have generated little interest. The price is down to $3.9 million. So get out those checkbooks.

Coach says Ed Johnson won’t play this week, following incident

Super Bowl-winning coach Tony Dungy (above) says the Colts’ Ed Johnson won’t suit-up this week following Johnson’s drug arrest early Wednesday. Cops say Johnson was pulled over for speeding in Indianapolis about 1 a.m. and was later charged with marijuana possession. The lineman was released on bond from the Hamilton County Jail. Team management says the incident will be further investigated to determine if any action is taken. The NFL says the matter will also be reviewed under the league’s substance abuse policy.

Puncher hit with claim of contract violation. At this rate, Floyd “Money” Mayweather could wind up known as Floyd “Need A Loan” Mayweather. First, he had $7 million in jewels stolen from his house and now he’s the target of a lawsuit. A Florida real estate dealer says the boxing standout wiggled away from an $8 million property purchase after signing a contract stating that his company put $1.7 million into escrow toward the buy. But the developer claims Mayweather never properly established the account before trying to move into the spot. Mayweather’s being sued for damages and costs associated with the seller’s having taken the property off the market.

Ludacris &, Floyd Mayweather team up for new video

Check out these exclusive pictures of Ludacris and Floyd Mayweather at their video shoot for Ludacris’s new song, Undisputed! Check Music News for the latest.

Louis Vuitton don, Kanye West talk new album

Still riding the success of his third album, Graduation, Kanye West is prepping his fourth LP, 808’s and Heartbreak, for a Dec. 16 release. Here’s more.

Beyoncé is set to release third LP

R&B songstress Beyoncé Knowles is prepping the release of her third solo project this November. BET.com/Music News has more here!

Boxing champ’s $7 million in jewelry stolen from his home.
If you run into boxing’s big baller, Floyd “Money” Mayweather, he may be a little light around the neck, wrist and fingers. The recently retired fighter, who was once featured on YouTube.com counting out his cash before all the World Wide Web, evidently attracted attention from thieves who allegedly took $7 million in jewels from Mayweather’s crib. The burglary occurred last month when suspects reportedly entered Pretty Boy’s house through his bedroom window. But Mayweather only recently announced a $100,000 reward for information. At least one of the suspects’ partly concealed face is caught on surveillance video. Too bad Mayweather’s cameras don’t capture intruders as well as his own grill.