Jay-Z Selling his share of the Nets for $350K


Jay-z selling his share of the Brooklyn Nets to can concentrate on his sports management company, Roc Nation Sports. Jay-z is to sell off his 0.067% (1/15th of a percent) of the Nets. According to ESPN’s Darren Rovell, Jay Z’s stake in the Nets is only worth about $350,000.

“Because of my love of sports, it was a natural progression to form a company where we can help top athletes in various sports the same way we have been helping artists in the music industry for years,” Jay-Z stated.

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