Entertainment mogul and rapper Jay-Z has started the process of divesting his small share of ownership with the Brooklyn Nets to extend his Roc Nation Sports representation business into basketball, sources told Yahoo! Sports.
Jay-Z will have to divest his share of the Nets to become certified as an NBA agent. (USA Today Sports)Jay-Z – whose real name is Shawn Carter…
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If you were at Jay-Z’s first concert at the Barclays Center, the new home of the relocated Brooklyn Nets, on Sept. 28, you witnessed the revealing of the Nets’ new duds. The rapper, whose real name is Shawn Carter and who’s a part owner of the Nets, donned a black No. 4 jersey with Brooklyn in white lettering on the front and his surname on the back.
The Brooklyn…
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A few weeks back in the New York Times, a pretty revealing piece was released on Jay-Z that had to do with how well the rapper/mogul maximized his minimal investment in the Brooklyn Nets. Among the facts revealed was that the $1 million investment Jay-Z orginialy gave to the Nets amounts to just one-fifteenth of one percent of the franchise.
It was also revealed that…
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Despite holding a tiny, minority stake (1/15 of 1%) in the Brooklyn Nets, Jay-Z has contributed tenfold to the development of the team's new home, Barclays Center, as well as other aspects of the business. His influence is undeniable and he's using it to help some of his other business interests as well, specifically Rocawear.
According to the New York Times, a store…
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New York Post columnist Phil Mushnick isn't so sure about the direction of the storied New Jersey Nets as they plan their move to Brooklyn under the guidance of 1.5 percent owner Shawn Carter, better known as Jay-Z, one of those gangster rappers. Buried on the second page of his "Equal Time" column today is this horribly racist assessment of their new logo:
"As long…
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The Nets reveal its highly anticipated Jay-Z designed logo.
The new logo for Jay-Z's Brooklyn Nets has been revealed.
Hov, who designed the logo himself, settled on a black-and-white color scheme and a classic, simple look.
During a press conference earlier today, CEO of Nets Basketball Brett Yormark was quoted as saying, "Today, we launch the next…
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