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

[Reality Check]

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.

Was just about to post this. No chance in hell Jay-Z would have any say over player personnel matters.

 

[jadillac]

$200k?

There's enough of us on TheColi to match that. Lets buy a team brehs!

 

[Da_Eggman]

i hate when they mention he owns the nets thats like a dude saying he dates a hooker cuz he paid her 10 bucks for a handjob once

 

[YBE]

I call it an even exchange, even if he doesn't own much. Nets benefited from Jay's image for marketing purposes, especially with their move into Brooklyn. Jay gets to further solidify his "I'm not a businessman, I'm a business, man" persona. Everybody wins

 

[The_Sheff]

Sounds like a good move to me. Hell he gets use of a suite that costs half of what he invested.

 

[Yagirlcheatinonus]

ball so hard

 

[chuckifubuck]

yeah its a smart move. He's got a miniscule amount of ownership but the general public thinks he owns like 5% of the team (I know I did before this thread). It boosts his image without him actually having made a huge investment in the team

 

[ecks12]

yeah its a smart move. He's got a miniscule amount of ownership but the general public thinks he owns like 5% of the team (I know I did before this thread). It boosts his image without him actually having made a huge investment in the team

This.
Actually most people thinks he owns more than 5%.

 

[Vlazz]

Sounds like a good move to me. Hell he gets use of a suite that costs half of what he invested.

He also gets to use the Barclay Center to promote his other business like the 40/40 club and Rocawear. His investment was small compared to the money he will be making from them.

 

[Isaiah Bradley]

Trying to downplay how much a millionaire owns in an investment?

 

[HHR]

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.

Before this story you thought he actually had input into personnel decisions?

 

[Gil Scott-Heroin]

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

Naw, he the exact opposite. Especially on the Nets move. Ratner saw that he could build up the profile and be the face of the Nets and win over the off-branded NY folk to Brooklyn. Hov throws some pocket change in and got back a black unicorn. 40/40 club up in the Barclays arena; yearly access to a luxury suit ($500,000+ per year); #1 Nets owner visibility.

This nikka profiled like he own a major part of the Nets when he owns less than 1%.

 

[HiphopRelated]

Naw, he the exact opposite. Especially on the Nets move. Ratner saw that he could build up the profile and be the face of the Nets and win over the off-branded NY folk to Brooklyn. Hov throws some pocket change in and got back a black unicorn. 40/40 club up in the Barclays arena; yearly access to a luxury suit ($500,000+ per year); #1 Nets owner visibility.

This nikka profiled like he own a major part of the Nets when he owns less than 1%.

this is why he comes out a winner on the Nets front.

His profile has risen and the perks alone are worth more than his initial investment.

 

[Saysumthinfunnymike]

Thought for sure I'd walk in and see more clowning..

My how the-coil is different. So much more objectivity and maturity than that hell hole we used to occupy.

 

[NonPareil]

I bought one share of google stock. Team google, we eatin brehs!