Thursday 5 September 2013

Jay Z Is Selling Ownership Stake in Brooklyn Nets to Jason Kidd, To Pursue His Roc Nation Sports Agency


Earlier this year, it was reported that Jay Z was selling his small ownership stake in the Brooklyn Nets in order to become a fully licensed NBA agent as part of his Roc Nation Sports venture. It looks like Hov has finally found a buyer, and it’s none other than the team’s new head coach, Jason Kidd. According to NY Post, Kidd will takeover Jay’s .067 percent stake for around $500,000. “Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him,” sources say.

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