Jay Z sells stake in Nets Team

4 years ago

It was announced yesterday that Jay Z will be selling his minority stake in the Brooklyn Nets to pursue being a Sports Agent. He has already signed up Robinson Cano in baseball. The Brooklyn Nets are majority owned by a Russian Billionaire, though Jay Z is probably the most well known of the owners even if his stake is small. The NBA as well as most sports doesn`t allow for owners of teams to be sports agents as well because of conflict of interest.

I wonder if the Brooklyn Nets and the Barclay Center will still be able to attract the big names without Jay Z`s involvement.

Please like and comment and I`ll do likewise!

Source link: http://sports.yahoo.com/photos/jay-z-sells-nets-losing-photo-020743136--nba.html

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