Jay Z Sells Off BKLYN Nets Share, Jason Kidd Scores StakeSeptember 5th, 2013
“The other half of the reported .1608% Jay Z owns has already been purchased by another minority owner in the team.”~NetsDaily
Jay Z is turning in his Brooklyn Nets mascot title … all in the name of Roc Nation Sports. Now, it appears the rapper-turned-business-mogul’s small share of the team was always meant for the NBA legend who showed interest … a decade ago.
We’re talking about Nets head coach Jason Kidd, who’s reported to soon take over half of Mr. Carter’s BK catch.
Here’s what the New York Post is reporting:
“The rapper will exchange half of his stake in the team with Kidd for around $500,000. “Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him,” says a source.”