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  • Image of Jay Z Sold His Share of the Brooklyn Nets to Jason Kidd

Jay Z Sold His Share of the Brooklyn Nets to Jason Kidd

Jay Z has just announced he’s found a buyer for his small stake in the Brooklyn Nets, former NBA player and current Nets head coach Jason Kidd. The decision by Jay Z to sell was made due to a potential conflict of interest that could have emerged between Jay Z’s ownership of the team and the inception of his Roc Nation Sports agency. As to how much the rapper made from the deal, his 0.07 percent share sold for about $500,000, a pretty penny to say the least.

Date: Sep 6, 2013  /  Views: 9476  /  Author: James Shorrock  /  Source: HYPETRAK
Category: Lifestyle  /  Tags: Jay-z, Sports, Brooklyn nets, Jason kidd