Posted in music | venues on April 9, 2013

Jay-Z

"After Jay-Z announced the launch of Roc Nation Sports, a new arm of his Roc Nation entertainment company, last week, Yahoo! reports that he's has begun the process of selling his minuscule stake in the Brooklyn Nets. Per NBA rules, no one representing an NBA player can have an ownership share in an NBA team. It's expected, but not certain, that Jay will cut ties with the Nets before June's NBA draft. "This isn't about one draft, but taking the long view of the business," an unnamed source told Yahoo!. [FADER]
Jay-Z also recently made changes to Roc Nation Music, and announced another year of his Philly festival.

In related news, Phoenix recently announced a show at Barclays Center where MTV is hosting this year's VMAs and where Green Day and Best Coast just played.

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Comments (20)

How miniscule? Considering how few tickets the Nets sell I might be able to afford this.

Posted by Anonymous | April 9, 2013 7:14 PM

at night...he a player

Posted by Anonymous | April 9, 2013 8:07 PM

1/15th of 1% ownership. That's about the equivalent of someone owning 1 brick of your building and saying their a part owner of your building.

This was great for him (and the Nets) though.

Posted by Anonymous | April 9, 2013 8:26 PM

Look at him flashing the illuminati symbol!

Posted by Anonymous | April 9, 2013 9:01 PM

Gay z is a itch and buffers dick ride him... His financial advisors r gassing him an takin him or a lonnng ride... Lmaaooalooklllokabannmo

Posted by Gogogaga | April 9, 2013 9:02 PM

To throw a burger fest,
it's a really big thing,
you've gotta be burger best,
you've gotta be burger king!
Turkey burger!
Red Onion (Yeahh!) !
Artisan buns (still eating)!

Posted by Anonymous | April 9, 2013 9:23 PM

Been listening to old Genesis lately, phenomenal!

Posted by Jay-z | April 9, 2013 9:29 PM

Brooklyners are turning on each other. Hey I'm more BK! No I am!

Bob Hope?

Posted by Mitch Cumstein | April 9, 2013 9:35 PM

So this guy helps jigger the Nets' move to Brooklyn, showing disloyalty to the Knicks, and more importantly leading to the biggest urban planning clusterfuck since the days of Robert Moses and now he's got to drop his stake?

I hope he buys Cuba next.

Posted by Anonymous | April 9, 2013 9:39 PM

One a you sausages ought ta start a rekid company caled Rapp-O-Sausage Music

Posted by Anonymous | April 9, 2013 9:40 PM

shows to be you

Posted by ratcraft | April 9, 2013 11:21 PM

thank you so much

Posted by haider | April 10, 2013 12:54 AM

Does him basically morphing into businessman yuppie mean I can stop reading about him in music spaces anytime soon? Maybe?

What a colossal bore of a human being.

Posted by Anonymous | April 10, 2013 1:14 AM

why should I read "indie" blogs if I can get all my info from tmz?

Posted by Anonymous | April 10, 2013 8:24 AM

"Does him basically morphing into businessman yuppie mean I can stop reading about him in music spaces anytime soon? Maybe?
What a colossal bore of a human being."

exactly! an overrated, shitty rapper who figured out how to market himself well. that's it...

Posted by Anonymous | April 10, 2013 9:58 AM

@9:39 sport reps can not be team owners, its a conflict of interest
His first client is Robbie Cano, so dude is doing something right.

Posted by Anonymous | April 10, 2013 10:31 AM

HOVA MOSES

Posted by Anonymous | April 10, 2013 11:20 AM

His minuscule stake in the nets is still larger them his minuscule talent.

Posted by Anonymous | April 10, 2013 12:15 PM

Illuminati!

Posted by Anonymous | April 10, 2013 12:46 PM

Key to selling anything to black people: Tell them Jay-Z uses/owns it.

Then, watch the money flow in.

Posted by Anonymous | April 10, 2013 1:04 PM

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