So Jay Z only owns 1/15th of 1% of the Nets

BrothaZay

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I just read this. Basically the team is worth 300mil, jay owns about 200k of that.

Is any of this true.
 

Osmar

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:laugh: damn that's low, I thought it was like 10% or something. Glorified employee basically, I see them using his image to promote the nets. Basically a celebrity endorser

*waits for nikkas who don't own anything to come in and "shyt" on him*
 

pete clemenza

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Jay Z is overrated business wise to me. 50 would've had at least 5% of the Nets.:win: Magic even has around 3% of the Dodgers
 

Brady-Carter

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http://www.the-coli.com/coliseum/32...rewrites-celebrity-investors%92-playbook.html
 

TheNig

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Jay Z is overrated business wise to me. 50 would've had at least 5% of the Nets.:win: Magic even has around 3% of the Dodgers

i think he was just being smart about it. didnt want to put too much of his money into the investment and come out on the losing end. its only been like 3 or 4 yrs since he put up his money. give it a lil more time.
 

L&HH

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Y'all already know how most rappers exaggerate shyt anyways.

But it kinda makes that Kanye "drop you from the team" line directed at Humphries sound dumb as hell.
 
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