Gotta wonder what Nick Cannon is thinking these days.  First he pops up on the net as a white man and now he's sporting a Cheetah hairdo?  WTH...

(Photo by Bennett Raglin/BET/Getty Images for BET)

After sparking a social media frenzy last week with his white alter ego Connor Smallnut, Nick Cannon is at it again.  Once again the rapper/actor/TV host is causing widespread shock and this time over his new hairdo.

Recently Nick went on Instagram to unveil his new cheetah-spotted hairdo, debuting  his new look with a series of photos.  That said, Cannon admitted that he had “finally lost it” in a series of hashtags. “usually don’t do #Selfies but I think my new hairstyle is worth it! #Animal #TheWildLife #IFinallyLostIt #Cheetah #CantCatchMe #TooFast #TryToKeepUp #wppm #Ncredible

So what’s Cannon’s drastic hair change all about?  Attention of course.  An he’s getting a lot of his too and some of it is downright cruel as fans weigh in on their thoughts of his spotted do.  It’s all perfect timing as he’s currently promoting his new album, White People Party Music,’ in stores now by the way.  The 33-year-old entertainer was bold enough to stop by BET’s ’106 & Park’ with his new look last week!  One thing’s for sure, he's got some courage.  In case you missed it, here's how that went.

But Cannons hairdo was short lived.  The powers that be at NBC weren’t laughing and apparently, ordered him to change his hair color back so they could film the rest of ‘America’s Got Talent’ for the upcoming season.

Aware of all the negative comments, Cannon posted a message for his haters on his instagram page that puts things in perspective.

(Photo by FOX via Getty Images)

Finally, Diddy isn't the only one that has deep pockets.  He’s also not the only high profile celeb interested in purchasing Fuse TV.  Looks like his ex, Jennifer Lopez is interested in the Madison Square Garden company too.  So much so, that she out-bid Diddy’s $200 million dollar offer by, $26 million and recently won the fierce bidding war for popular network.

According to the NY Post and Bloomberg News, J.Lo’s Hispanic NuvoTV offered Madison Square Garden $226 million in cash and $50 million in equity to close the deal.  Diddy and JLo wanted the MSG network for the same reasons.  They both own their own networks and wanted to expand and get broader audiences.  In JLo’s case, her NuvoTV will go from reaching 34 million households, to 75 million with the Fuse TV deal.

Former Fuse exec, Eric Sherman, whom also worked with JLo at 'American Idol' said of her deal, “This is a real blow to Diddy and Revolt.  Fuse was such a perfect fit for them. But having worked with Jennifer on ‘Idol,’ I’m not surprised she and her team prevailed.”

Jennifer isn't surprised though and said, “Music is my first love so the acquisition of Fuse is near and dear to my heart.  It’s exciting that between NuvoTV and Fuse we’ll have the ability to deliver a broad array of terrific content both from a Latino perspective and across multiple genres, including music, to a broader audience.”

Get more details inside Tha Wire now, plus find out what celebs are celebrating birthdays today.