1. Harlem Nun Sues Disney
Better late than never? Nearly 20 years after Whoopi Goldberg’s divine comedy Sister Act hit theaters, a Harlem area nun (pictured above) is suing Walt Disney Co. and Sony Pictures, who produced the film, claiming the studios stole the idea for the film from her autobiography. [MORE]

2. Oprah Eyes Return to Acting
The former Daytime talk show host is in talks with Lee Daniels, Tyler Perry and Jonathan Demme for potential roles. [MORE]

3. Jay-Z Named GQ “Man of the Year”
GQ magazine has named Jay-Z one of their 2011 Men of the Year, and in a new interview the hip hop mogul and megastar opens up about his pending fatherhood, losing his own father and his platinum-selling collaborative album with Kanye West, Watch the Throne. [MORE]

4. NBA Season in Jeopardy as Players Reject Last Offer
In a move that was widely expected, the NBA Players Association voted down commissioner David Stern’s most recent collective bargaining agreement proposal on Monday. The players also decided to move to disband the union, which paves the way for antitrust lawsuits against the league and puts the entire 2011-12 season in jeopardy. [MORE]

5. Master P to Release New Album Titled “TMZ – Too Many Zeros”
Three years after going on a hiatus from the rapping scene, Master P is planning to return to the mic. The No Limit Records Forever founder/entrepreneur will release a new album titled TMZ – Too Many Zeroes. “I named this new record TMZ Too Many Zeros because it’s true when they say ‘more money… more problems’,” Master P told AllHipHop.com. “I’m on my Donald Trump swag. I could lose it all and get it back in 72 days. Good or bad, when the media is on you that means you are still relevant.” [MORE]

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TAGS: David Stern, Jay-Z, Jonathan Demme, KANYE WEST, Lee Daniels, Master P, NBA, OPRAH WINFREY, Tyler Perry, Whoopi Goldberg