Entries tagged with: Nets
Jay Z at Yankee Stadium in July (more by Dana (distortion) Yavin)
Earlier this year, Jay Z announced he'd be selling his 'miniscule stake in the Brooklyn Nets,' and it's now being reported that part or all of that stake will be sold to Nets coach Jason Kidd. Reports NY Post:
We're told Kidd will take over Jay's .067 percent (1/15th of a percent) stake in the team for about $500,000.Jay is still the director of Barclays Center though (where the Nets play). Upcoming shows there include Phoenix, Nine Inch Nails, Queens of the Stone Age, Beyonce (all four of whom just played the Jay Z-curated Made In America fest), Yeah Yeah Yeahs, Justin Timberlake, Drake, Vampire Weekend, and more.
The move comes as Jay was forced to sell his Nets shares over a conflict of interest after he started a sports agency, Roc Nation, signing clients including Yankee Robinson Cano and Oklahoma City star Kevin Durant.
A source told us, "Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him."
Amazingly, Jay was introduced to the team in 2003 by Drew Katz, the son of one of the Nets' principal owners, after Kidd, then the Nets' marquee point guard, suggested the music mogul buy the team.
According to reports, Jay helped design the team logos and choose the Nets' stark black-and-white color scheme, and personally appealed to National Basketball Association officials to drop their objections to it.
A$AP Rocky at FFF Fest 2012 (more by Tim Griffin)
As mentioned, Rihanna is on a tour with A$AP Rocky which was set to hit NYC this weekend on May 4 and 5 at Barclays Center. The May 5 show is still on, but the May 4 show has been rescheduled to May 7 due to Game 7 of the Brooklyn Nets-Chicago Bulls NBA Playoffs series. Barclays center CEO Brett Yormark stated, "We are looking forward to a special concert and I hope Rihanna will be our guest at Game 7."
Tickets for the May 4 show will be honored on May 7, and refunds will be available at the original point of purchase. Both shows are currently sold out.
As just mentioned, A$AP Rocky has been announced (along with Kendrick Lamar, Miguel, Wu-Tang, and others) for this year's Hot 97 Summer Jam at MetLife Stadium on June 2 (tickets). He also plays more NYC-area dates in August on his tour with Wiz Khalifa, Joey Bada$$, Rockie Fresh, Smoke DZA and others.
Updated dates are listed below...
Jay-Z, who is allegedly selling his "minuscule stake in the Brooklyn Nets" and moved Roc Nation to Universal, just recorded the track "Open Letter" with producers Timbaland and Swizz Beatz. FADER writes:
On the track, debuted this morning on New York's Hot 97 and Jay's Life + Times, Jay expresses disgust at the outsized interest in his recent Cuba anniversary trip, which was criticized by by three Republican members of Congress and approved by the U.S. Treasury Department. "Open Letter" also acknowledges Gwyneth Paltrow's favorite rapper Chief Keef, quotes Bob Dylan's 1975 track "Idiot Wind" and brushes off reports that Jay is looking to sell his small stake in the Brooklyn Nets and become an NBA agent. Would have brought the Nets to Brooklyn for free/ Except I made millions off you fuckin dweebs/ I still own the building. I'm still keeping my seat, he says. By "seat," he may mean the exclusive $5550,000 per year suite which he's used for free since the opening of the Barclays Center.Jay is also going on a tour with Justin Timberlake which hits NYC on July 19 and 20 at Yankee Stadium (tickets), and just announced the lineup for his Made In America festival, which goes down from August 31 to September 1 at Benjamin Franklin Parkway in Philly with Beyonce, Queens of The Stone Age, Nine Inch Nails, Black Hippy (Kendrick Lamar, Schoolboy Q, Ab-Soul, & Jay Rock), Miguel, Solange, Phoenix, A$AP Rocky and many more
You can stream "Open Letter" and read the lyrics below...
"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.
Were you at Barclays Center, or were you one of the 50,000+ people streaming Saturday night's Jay-Z show on YouTube? If you answered 'yes' to either, or maybe because you already looked at Twitter, then you know that Jay, who kept special guests to a super minimum over the course of eight Brooklyn shows, brought out Beyonce to help end it in style. Literally - she played with him earlier in the show (Nets advertisement on her head included), and then returned to sing "Young Forever" with him to end the encore.
Jay-Z has announced that pre-orders are now being taken for a Live in Brooklyn "optic EP". That picture of Jay in the new "Carter" Nets jersey from one of his eight Barclays Center shows is apparently the cover art. And though iTunes is accepting $9.99, so far it only lists eight unnamed tracks and videos. Meanwhile. Jay plays his eighth Barclays show tonight (10/6), and as previously mentioned, you can stream it online.
UPDATE: The show happened
Also streaming tonight: Virgin FreeFest from Maryland, Jack White included.
P.S. unrelated, but a friend's black chihuahua named Myrtle went missing today in Greenpoint. If you've seen the dog, get in touch HERE (there's a $1000 reward too)
this is the picture people are saying is hologram Biggie (via highacez)
Despite what is quickly spreading FAST across the internet, thanks in part to some tweets by Russell Simmons (that lead to a page on his site GlobalGrind that say it was a hologram), it does not appear that there was an actual hologram of Biggie tonight. Just some high tech video.
The real Big Daddy Kane, however, in the flesh, was a guest at the show
Stay tuned for more later, though you can hear Jay perform a new (Nets themed?) verse, before 99 Problems, at the show, below...
photos by Sachyn Mital
"Every team has a grand plan, and we're moving slowly, step by step, because it's easy to make a strong team, but it's very difficult to make a championship team. So we are on the right way and I'm expecting our championship within three years now," Prokhorov told reporters Friday morning after participating in a ribbon-cutting with partner Bruce Ratner and New York City Mayor Michael Bloomberg, marking the ceremonial opening of the $1 billion Barclays Center in downtown Brooklyn.You could draw a lot of parallels between Brooklyn Nets and the rusty-new Barclays Center, which, before the sports move in, opens to the public with multiple shows by director Jay-Z. Big names like Neil Young, Bob Dylan, Green Day/Best Coast, The Who, and Rush and maybe even the Rolling Stones, are also on the concert venue's initial schedule.
Mikhail Prokhorov has a grand plan for the Nets, who open their new arena in their first season in Brooklyn Nov. 1 against the rival Knicks. "I'm really thirsting for the first of November," he said.
When Prokhorov bought the team in 2010, he said the Nets would capture the NBA title within five years, meaning his plan remains on schedule. -[ESPN]
The first step towards familiarity is getting the public acquainted with the space, a feat that Barclays Center attempted when they opened their doors to the press on Friday (9/21). With protesters outside, Mayor Bloomberg and Brooklyn Nets owner Mikhail Prokhorov welcomed in photographers, including Sachyn Mital whose pictures continue below...
Rap mogul Jay-Z will christen the Barclays Center when the under-construction $1-billion home for the Brooklyn-bound Nets opens on the corner of Atlantic and Flatbush avenues next fall.NY1 is reporting the same. Meanwhile Jay is on tour with Kanye West.
The hip hop star, who owns a very small portion of the basketball team, will headline the venue's first performance during a three-week grand opening at the Prospect Heights arena in September, 2012, according to a source familiar with the plan.
Jay-Z is set to announce the dates at a press conference at the Barclays Center on Monday -- where Nets officials are expected to unveil a new team name.
It will be a "major announcement," Nets CEO Brett Yormark tweeted.
Jay-Z & Kanye West @ GQ party, NYC - Sept 18, 2007
For whatever reason I find this really interesting: Jay-Z wants to rename New Jersey's Continental Arena after his Rocawear clothing company. The arena is currently home to the New Jersey Nets basketball team and the New Jersey Devils hockey team. What's odd is that Jay-Z is part of the ownership group that will take the Nets to Brooklyn soon (probably in time for the 2009-2010 season). Why would a part-owner of a Brooklyn-headed NBA team want his name on an arena in Jersey? Beats me. That horrible arena should be bulldozed ASAP, by the way. [Coolfer]