Jay-Z debuts new freestyle, brings Kane out at the Barclays BK Concert. Opening Night

Zach Lowe

what up beck
Joined
May 2, 2012
Messages
9,276
Reputation
-1,980
Daps
18,111
Anyone hating on how much of the Nets Jay-Z owns is an idiot and needs to ask themselves how much they will ever own of a sports team.

Based on a $312 million total valuation of the Nets, Jay's stake is worth about 200K :heh:

that's like an average mortgage :heh:

:umad:
 

Champion

#RxLife #UCF #FAMU
Joined
Jun 6, 2012
Messages
5,682
Reputation
1,110
Daps
17,895
Reppin
Chi-Town to Tampa
Based on a $312 million total valuation of the Nets, Jay's stake is worth about 200K :heh:

that's like an average mortgage :heh:

:umad:
So you do realize when buying a % of the team he has to take someone elses share and there's a god chance that they didn't want to sell it. This has happened to Mark Cuban and other billionaires. Or he could not have wanted to buy a huge share. But similar to the post you made about the Nets jersey you probably did not think of that before you posted.
 

Zach Lowe

what up beck
Joined
May 2, 2012
Messages
9,276
Reputation
-1,980
Daps
18,111
So you do realize when buying a % of the team he has to take someone elses share and there's a god chance that they didn't want to sell it. This has happened to Mark Cuban and other billionaires. Or he could not have wanted to buy a huge share. But similar to the post you made about the Nets jersey you probably did not think of that before you posted.

:sitdown: this is a shytty failing franchise I doubt he got stiffed and had to overpay

That jersey post really hurt your soul huh? :ahh: You really think anyone here is unaware that Jay claims to own the Nets? :umad:
 

Champion

#RxLife #UCF #FAMU
Joined
Jun 6, 2012
Messages
5,682
Reputation
1,110
Daps
17,895
Reppin
Chi-Town to Tampa
:sitdown: this is a shytty failing franchise I doubt he got stiffed and had to overpay

That jersey post really hurt your soul huh? :ahh: You really think anyone here is unaware that Jay claims to own the Nets? :umad:
Not at all. Thats why I did not say that in my post.
What are you talking about?
 

Zach Lowe

what up beck
Joined
May 2, 2012
Messages
9,276
Reputation
-1,980
Daps
18,111
Not at all. Thats why I did not say that in my post.
What are you talking about?

You were talking about owners not wanting to sell
If that's the case then someone would have to pay above value to buy into the franchise
Imagine trying to buy part of the Lakers... just because you have the money doesn't mean you get it... you'd have to pay way above value and even that probably wouldn't slide cuz Jerry Buss is the only owner and who wants some jerkoff to buy a 15th of a percent and call himself a co-owner :huhldup:
 

Champion

#RxLife #UCF #FAMU
Joined
Jun 6, 2012
Messages
5,682
Reputation
1,110
Daps
17,895
Reppin
Chi-Town to Tampa
You were talking about owners not wanting to sell
If that's the case then someone would have to pay above value to buy into the franchise
Imagine trying to buy part of the Lakers... just because you have the money doesn't mean you get it... you'd have to pay way above value and even that probably wouldn't slide cuz Jerry Buss is the only owner and who wants some jerkoff to buy a 15th of a percent and call himself a co-owner :huhldup:
I think he wanted association with the franchise but did not want to make a large investment. Many celebs have done this. Are you inferring that Jay-Z is broke or could not buy a bigger piece?
 

Zach Lowe

what up beck
Joined
May 2, 2012
Messages
9,276
Reputation
-1,980
Daps
18,111
I think he wanted association with the franchise but did not want to make a large investment. Many celebs have done this. Are you inferring that Jay-Z is broke or could not buy a bigger piece?

Idk anything about why Jay has a piece of the Nets or why its so small but :childplease: at him talmbout owning the team when a Russian billionaire literally has 1200 times his ownership
 

Cloud McFly

All Star
Joined
May 9, 2012
Messages
2,537
Reputation
1,105
Daps
10,178
Reppin
NULL
A3wW7ykCIAEZlXY.jpg
 

Harry B

Superstar
Joined
May 20, 2012
Messages
30,848
Reputation
-1,286
Daps
62,020
2% is actually 30 times what he actually owns

He owns one-fifteenth of a percent

About 0.07% percent (being generous)

According to NYtimes? Based on NYtimes own article from the gossip section in 04?
When someone official responds to this and not some journalist assuming or gossiping. That's when we know. For all we know Jay might've gotten his share for free.
 
Top