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Derek Fisher's making sure Gloria Govan always looks like a million bucks even in sweatpants because that's about how much her knuckle-sized engagement ring's worth ... TMZ has learned.

We're told the ex-NBA star designed the 7.5 carat diamond ring, which he scooped up from L.A.-based jeweler Bony Levy. A rock that size normally goes for just north of $1 mil ... according to our fancy jewelry sources.

We don't know exactly how much D-Fish dropped, 'cause y'know celebs usually get a deal.

The engagement had been a long time coming. The couple had been dating since 2015 until Derek finally popped the question earlier this month at their L.A.-area home.

Tekashi69 just flushed $4.9 million down the toilet because the headphones company he was about to lock a multi-million dollar deal with is bailing on him.

We spoke with a rep at TUNES Audio who told us 6ix9ine being a person of interest in an NYC shooting was enough to make them decide not to close the deal. The rep said they believe "at this time it is in the best interest of our company to move on. We wish him well, he's a great artist."

We broke the story ... under the deal, the NYC rapper was to promote TUNES Audio's red $249 headphones for a $4.9 million check, but that's not gonna happen now that he's a person of interest and barred from Brooklyn's Barclays Center.

"Ezekiel is the best to ever play the game, remember I said that," -- Zeke's dad.

TMZ Sports spoke with Stacy Elliott -- who also runs Fifth Down Enterprises -- who tells us his son has been laser focused this off-season and is ready to wreak havoc all over the NFL for the Dallas Cowboys in 2018.

"He's the G.O.A.T. He's the best to ever play the game," Stacy said.

"This is deeper than Lavar Ball ... this is the actual truth. The truth is in the pudding, or the pudding's in the truth, whatever they say."

Elliott says he's impressed with the new crop of running backs, including Saquon Barkley ... but no one can hold a candle to his son.

Kanye West's new track is out, and the lyrics include lines like "poopity scoop," "scoobity doop" and more "scoopity woops."

Kanye tweeted a link to his site Friday, which shows the song is labeled "Lift Yourself Master." Like a lot of things the rapper has said or posted on Twitter this week ... it's hard to tell what's really going on here.

Is this really a full track? Will it be on one of his new albums? Or ... is he just having fun in the studio?

Whatever it is ... it's probably going to get stuck in your head once you listen to it.

Richard Gere is the victim of an extortion plot by a small production company trying to strong-arm him out of half a million bucks ... according to a new suit.

Gere claims he entered into an agreement with Random Acts Entertainment in December 2009 to develop a movie based on the book, "Bones of the Master: A Buddhist Monk's Search for the Lost Heart of China" by George Crane.

According to the docs ... Gere planned to produce, direct and star in it, and the company would help with the screenplay. Gere claims he fronted Random Acts $17,500 to get the rights to the book ... which he never got back.

Gere says he decided to continue with the project anyway, but the company then turned in a "woefully inadequate" script. He claims instead of working through their creative differences, Random Acts issued an ultimatum -- move forward with the project as written ... or fork over $500,000, which Gere calls a corrupt extortion attempt.

Gere is now suing to get his $17,500 back and for a judge to rule that the book rights belong to him.

Jessica Simpson's husband, Eric Johnson, is getting an eyeful of his lady during a pretty hot beach vacay in the Bahamas.

The couple's chilling with some friends, and looks like this trip's just for the adults ... no kiddos were spotted while Mom and Dad got a little closer with some serious PDA in the water.

Eric looked like a pro on the stand-up paddleboard, while Jessica chilled on the beach.

SUP might not be her thing, but she's got spilling out of a bikini top down pat.

Tom Brokaw's current and former colleagues at NBC, including Rachel Maddow, are coming out strong in his defense against sexual harassment allegations.

Maddow, Maria Shriver and longtime NBC correspondent Andrea Mitchell -- along with 61 other women -- all signed the letter stating, "Tom has treated each of us with fairness and respect."

According to the letter, the women are anchors, directors, executives, personal assistants and technical staff who've worked with Tom over 4 decades. They added, "He has given each of us opportunities for advancement and championed our successes throughout our careers."

Dan Aykroyd's suddenly fired up to get the band back together, and this time his 'Blues Brothers' reboot could have 2 of the hottest women in hip-hop and comedy ... if Dan and our camera guy get their way.

We got Elwood Blues leaving e. baldi restaurant in Bev Hills, and asked him about his rumored "Soul Sisters" project. He excitedly told us he's making serious progress, and then our guy dropped the casting gem on him.

Cardi B and Tiffany Haddish! You gotta see Dan's reaction -- he's down with it. In fact, he even made our photog an offer he probably shouldn't refuse.

Score one for President Trump and his attorney, Michael Cohen ... who were just granted a 90-day stay in their legal battle with Stormy Daniels.

Cohen had requested the extra 90 days in proceedings due to the FBI raid on his office. Cohen told the court he would plead the 5th if Stormy's lawsuit over the "hush" agreement went forward. He argued he wouldn't be able to effectively defend himself in the Stormy case, because anything he said could incriminate him with the feds.

The judge agreed, and granted the postponement, saying ... "there's a large potential factual overlap between the civil and criminal proceedings that would heavily implicate Mr. Cohen's 5th Amendment rights."

So, Stormy's on the back burner until at least the end of July -- and her attorney Michael Avenatti's not going down without a fight.

Blac Chyna's defending the photo she posted -- but already deleted -- of her daughter, Dream, rockin' pink hair ... telling us her haters need to brush up on what's cool with kids these days.

We got Chyna at LAX Friday -- with her bf, YBN Almighty Jay, so looks like they're still going strong. Anyway, while they were waiting for their ride we asked her about the backlash against the pink hair extensions.

Chyna says they're just "baby clips" and EVERY kid has 'em -- which sounds like it might be a little bit of a stretch. And even though she took down the photo, BC had a very direct message for people criticizing her or her kid.

A man who served as an elected L.A. official is being sued by a woman who claims when she was 16 he drugged her and sexually assaulted her.

The lawsuit, filed by Lisa Bloom, only lists the litigants as Jane Doe vs. John Doe. According to the legal docs, obtained by TMZ, John Doe met the girl in 2005 when she was 14. At the time she was a star teenage athlete ... they grew close and he became close with her entire family.

The suit claims in January 2007, when Jane Doe was 16, he invited her to play golf at Hillcrest Country Club. She claims several hours into the game he handed her a cup of ice water. She says, "It tasted distinctly different from both tap and filtered water."

She claims she suddenly collapsed but did not lose consciousness. He drove her to the E.R. and en route she claims he reached his hand inside her shirt, rubbed her breast, and then reached down her shorts and fondled her vagina.

She says she was motionless, speechless and frozen from shock.

She says she never confronted him nor did she report him to police, fearing she wouldn't be believed and that he'd retaliate against her family.

Too Short's turning the tables on his rape accuser by suing HER over what he calls blatant lies that screwed his biz ... TMZ has learned.

Short's pissed about what Teana Louis told BET.com last May. According to his lawsuit, she said, "It's extremely devastating when you're a young woman and you have to accept that your first sexual encounter was rape by a cruel old man that is nearly 60 years old."

He says she also spread similar lies on her social media.

You'll recall, Louis sued the rapper for allegedly raping her. She also filed a police report, but as we first reported, the D.A. decided not to charge him. That makes sense, according to Short, who says in the docs ... he and Louis only "cuddled" a few times, but NEVER had sex.

On the heels of the D.A. dropping the case, Short says he thinks Louis is guilty of filing a false police report, and adds all of her public lying has cost him dearly. In the suit, filed by his attorneys, Rob Reichman and Sean Macias, Short says valuable business partners pulled out of deals because she made him seem like a rapist on the loose.

Too Short says all he ever wanted to do was help her launch her music career, but when it didn't work out ... he wished her well, and tried to move on.

Tom Brokaw's firing back at one of his sexual harassment accusers, referring to her as a former colleague with a grudge who has had "trouble with the truth."

In an email reportedly sent to a few NBC News coworkers, the former "NBC Nightly News" anchor goes off on Linda Vester, who claims Brokaw acted inappropriately toward her more than 20 years ago.

Brokaw begins

by saying it's the first day of his new life as an accused predator, and slams the publications he feels are responsible, saying ... "I was ambushed and then perp walked ... as an avatar of male misogyny, taken to the guillotine and stripped of any honor and achievement I had earned in more than a half century of journalism and citizenship."

He says he's pissed off and hurt, and gives a detailed account of his relationship with Vester and adamantly denies any verbal or physical attacks on her.

As for the alleged kiss Vester claims he tried to force on her, Brokaw says ... "That move she so vividly describes is NOT WHO I AM. Not in high school, college or thereafter."

Brokaw continues, claiming he helped Vester land a job after the alleged incident and there were never issues between the 2. He suggests her claims are an attention grab, saying ... "Hard to believe it wasn't much more Look At Me than Me:Too."

As we reported ... Brokaw is facing allegations of misconduct by Vester and an anonymous woman.

Kim Kardashian doesn't know how else to say it -- what went down with Khloe Kardashian and Tristan Thompson when Khloe was about to have their child is beyond messed up.

Kim rather bluntly breaks her silence on the Tristan cheating scandal on "The Ellen DeGeneres Show"... but says she doesn't want to get too negative about the ordeal because there's a baby involved. She already has experience dealing with that in the family.

Kim reassures everyone her sister is strong and doing her best to get through everything and focus on being a good mom, but still -- as she and Ellen both say ... poor Khloe.

We broke the story ... Tristan was caught on a security video cheating on Khloe with 2 women at a hookah lounge. Khloe gave birth to True Thompson less than 2 days later.

Yep, pretty f***ed up.

Ellen's full interview with Kim airs Monday, April 30.