Home Features SB News Jay-Z Selling Brooklyn Nets Shares?

Jay-Z Selling Brooklyn Nets Shares?

According Adrian Wojnarowski at Yahoo Sports, Jay-Z has already begun to sell his ownership of the Brooklyn Nets. Hov has recently launched Roc Nation Sports and signed New York Yankee Robinson Cano. In order for Jay-Z to sign NBA Players to his agency, he would have to cut ties with the Brooklyn Nets.

- Advertisement -

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….

Selling his share of the Nets is a necessary prelude for Jay-Z to obtain his National Basketball Players Association certification as an agent. NBA rules mandate that no one individual affiliated with a player representation company can have an ownership stake with an NBA team.

- Advertisement -
ADVERTISMENT

Related news

Kyle Kuzma Signs Sneaker Deal With GOAT

Los Angeles Lakers' Kyle Kuzma has partnered with GOAT to become the first athlete partnership with a sneaker reselling platform following the NBA removing...

Details on Space Jam 2 Starring LeBron James

Starring LeBron James, Space Jam 2 has now added Black Panther's Ryan Coogler to produce and Terence Nance will direct, who is best known...

NBA Allowing Players To Wear Any Sneaker Color of Choice This Upcoming Season

For the 2018-2019 NBA season, players will be able to wear any sneaker color of choice throughout the entire season the first time ever. According...

60% Off All Apparel for Black Friday

To celebrate Black Friday, we're offering 60% Off all apparel throughout the weekend. This will give you an opportunity to purchase either a...
Right Menu Icon