Button: Close
Logo: VladTV NEWSLETTER

Jay-Z Rumored to Own Less Than One Percent of BK Nets

Aug 17, 2012 | 3:30 AM    Written By: Michael Hughes
Icon: Views9,074   Icon: Comments
Jay-Z Rumored to Own Less Than One Percent of BK Nets

According to recent rumors surrounding Jay-Z's place within the ownership of the new Brooklyn Nets franchise, Hov only owns less than 1% of the team's entire $300 million worth.  Before, it was thought that he invested a solid million into the franchise; however, recent rumors from the New York Times are claiming that his full stake in the team is only at $200,000.

Regardless of how much money he's put into the organization, Jay has enough personal influence to dictate the musical shows that'll play at the venue and the logo for the team's uniforms.  He's sure to make some real bank off of his investment (no matter how small or big) in the Brooklyn Nets team.

Source: allhiphop.com

Comments will only be displayed from verified emails. Racist comments will get you banned.