Jay Z Owner Of The Brooklyn Nets

Jay-Z sold his shares of the Brooklyn Nets to Wilber Pan who is a rapper actor and entrepreneur. The Brooklyn Nets have two owners in the limelight.

Jay Z Rihanna Trip A Referee Jamie Foxx Sports A Toupee For Spider Man Thejasminebrand Jay Z Brooklyn Nets Beyonce And Jay Z

Jay-Z was a minority owner of the Brooklyn Nets until April 18 2013.

Jay z owner of the brooklyn nets. The former stake owner of the Nets. Jay-Z reportedly owns just one-fifteenth of 1 of the Nets but became the central figure in marketing the franchises move from New Jersey to Brooklyn. He encouraged the teams relocation to Brooklyns Barclays Center from New Jersey in the.

Theres no bigger celebrity presence for the franchise than its former owner and rap legend Jay Z. Hip-hop artist Jay-Z is no stranger to the professional sports industry. Prokhorov the Russian billionaire who owns 80 percent got equal billing in.

Jay-Z was the most visible figure in the investment group that brought the Nets from New Jersey to his native Brooklyn and was active in the marketing. Jay-Z purchased his stake in the Nets in January of 2004 investing a reported 1 million in the team. Jay Z In the year 2003 Jay Z joined the Brooklyn Nets in the role of a part-owner by buying a 115 percent of the total stake for a whopping 1 million.

In January we valued the Nets who are hemorrhaging money at 530 million. When looking back during his time with the Nets Jay Z played an integral part in the teams successful and profitable rebranding. While people seem to recall JAY Z being the majority owner of the Nets at the time he really only owned less than one-fifteenth of one percent of the team.

After this story ran Nets Daily wrote that Jay-Zs sale of his. Jay Zs part of the stake was bought for a total amount of 500000. The ex-Nets guard has spoken about the former Brooklyn Nets minority owner in the past but Marbury laid into Jay-Z even more during his recent discussion with Robinson.

Maurice Bobb 04182013 Jay-Z. Jay-Z owned a stake in an NBA franchise the Brooklyn Nets. In the last two years the Houston Rockets sold for 225 billion and the Los Angeles Clippers for 2 billion.

I look at Jay-Z. Jay Z did not escape the streets of Brooklyn and built a brand and image to just be a showcase for the NFL. Though the value declined in 2013 hen Jay Z decided to sell his part of the stake to the new head coach Jason Kidd.

This deal made Pan the first Taiwanese-American to own a sports franchise in the United States. For ten years 2003-2013 Jay-Z enjoyed his role as a part-owner of the Brooklyn Nets NBA team having paid a reported 1 million for his share which declined in value to 350000 in April 2013 based on Forbes magazines valuation of the team. In 2010 Prokhorov agreed to buy 80 of the Nets and 45 of the new Barclays arena in Brooklyn from real estate developer Bruce Ratner.

In 2004 he invested 1 million in the New Jersey Nets. The 235 billion he paid for the Nets marks a record for any sports team. Jay-Z previously held an ownership stake in an NBA franchise as he owned part of the Brooklyn Nets though he sold his shares several years ago.

As of September 2014 Jay-Z does not own a basketball team. Theres Mikhail Prokhorov the whimsical Russian strongman and then theres Jay-Z the. The hip hop lyricist has won 22 Grammy Awards the most by a rapper and holds the record for the most number-one.

As of this fall he held one-fifteenth of one percent of the Nets according to the New York. Jay-Z No Longer An NBA Owner But Will Always Be A Brooklyn Net Rapper officially drops his ownership stake in the team to pursue certification as an agent. Jay-Z is one of the best to do it.

Jay-Z who owns about one-fifteenth of a percent of the Brooklyn Nets and Mikhail D. Jay Z becoming a minority owner would allow Washington to move even further away from the dark.

Joe Johnson Wps Joe Johnson Brooklyn Nets Johnson

Jay Z Represents Brooklyn At First Barclays Center Show Jay Z Rap News Brooklyn Nets

Jay Z Opens Barclays Center Gallery Brooklyn Nets Jay Z Beyonce And Jay Z Beyonce And Jay

Being A Member Of The Nets Organization Surpassed Some Of My Greatest Ambitions It Was Never About An Investment It W Jay Z Beyonce Husband Mikhail Prokhorov

They Took The New Jersey Nets Logo And Turned The Clock Back For The Upcoming Move This Looks Great Brooklyn Nets Brooklyn Basketball Net

Jay Z Posing On The Logo Of A Team He S Part Owner Of Motivation Brooklyn Jay Z Brooklyn Nets Love And Basketball

Jay Z One Of The Top Selling Music Artists Of All Time His Entertainment Empire Has Expanded Beyond Music To Include A Clo Jay Z Young Jay Z Hip Hop Artists

Brooklyn Nets Jersey Brook Lopez Brooklyn Nets Nets Jersey

Pin On People

Jay Z S Apparently Selling At Least Some Of His Ownership Stake In The Nets To Coach Jason Kidd Jason Kidd Jay Z Jay Z Illuminati

Brooklynnets Brooklyn Nets Jay Z Nets Jersey

Pin On News Articles Blogs

Jay Z Non Music Ventures Rocawear Roc Nation Life Times Partial Ownership Of Brooklyn Nets Barclays Center Jay Z Carols Daughter Products Hip Hop Culture