Celebrity News / News

Jay Z Sells Nets to Jason Kidd

It has recently been reported that Shawn “Jay Z” Carter has decided to sell the other half of his Brooklyn Nets ownership to the sports team’s lead coach, Jason Kidd, for $500,000.

As some of you may have heard, Jay Z has ventured into the business of sports agency, and had to sell his stake in the Nets in order to do so, as many thought it to be a conflict of interest for an agent to hold partial ownership of a professional team. Currently, he represents Victor Cruz, Kevin Durant, and Robinson Cano.

The music mogul has proven time and time again that he is more than just an entertainer, but an outright businessman. I guess we should all just sit back and see what he does next.

Source: Nbcsports.com

Advertisements

Sound off!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s