Jay-Z To Sell Stake in Brooklyn Nets

Yesterday evening Yahoo! reported that Jay-Z plans to give up his small ownership share in the Brooklyn Nets in order to avoid a conflict of interest with his new sports management firm Roc Nation Sports. An unidentified source indicated that Jay hopes to have the deal done by June, which would allow him to approach players entering this year’s NBA draft. In the following clip, Bloomberg finance reporter Dominic Chu speaks on Jay’s contributions to the team and why this move is necessary for Roc Nation Sports to move forward.

Perhaps more importantly,  Jay can finally stop pretending to like the Nets and go back to rooting for the only NYC basketball team that matters.

Previously: Jay-Z Launches Roc Nation Sports, Signs Robinson Cano | Jay-Z Brings Roc Nation to Universal Music


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77 Responses to “Jay-Z To Sell Stake in Brooklyn Nets”

  1. oh4werd Says:

    did you or did you not ask to “let them pics breathe” (masterbator)

    did you or did you say “score one for free j” (fan)

    did you or did you not SEND.THEM.FLOWERS.NIGGA?

    answer all 30 questions…true or false young SAT score

  2. harlem world Says:

    so he kicked out people from his hometown

    to make this teams stadium

    and now hes sellin his stake in the team

    ladies & gentleman, jay-z

  3. oh4werd Says:

    lol at tkf lookin for a cosign from FYPM…

    maybe if i type the “type of nigga is you” either again, i’ll get a laugh outta FYPM. try harder lol

    we all in hear laughin except u….grave digger

  4. Gob Bluth Says:

    Perhaps more importantly, Jay can finally stop pretending to like the Nets and go back to rooting for the only NYC basketball team that matters.

    ^

    lo foreal

  5. S.I.C.K Says:

    go back to rooting for the only NYC basketball team that matters.
    ^^^
    Watch your mouf Eskay

    B.LOPEZ>>>CHANDLER
    D.WILLIAMS>>SHUMPERT/KIDD
    J.JOHNSON>>>Most opposing 2guards

    NETS>>>>>
    BK>>>>

  6. Gob Bluth Says:

    *lol

  7. tHe kiD fRanKiE Says:

    that dame dash post was all you gettin outta me today.
    finito’

  8. F YOU PAY ME! Says:

    HW

    you good money

    fellow vice lifer even

    but chill wit the hov slander cuz lol

  9. Gob Bluth Says:

    Be clear Jay made millions of the Nets, prolly made more percentage wise than Prokhorov

  10. oh4werd Says:

    007 got his feelings hurt cu niggas said what it was…he thinks he’s some kind of puppet master on these boards when really nigga seen what he was doin, no one cared to comment. he thought he was clever tho…

    young SAT score…u got 30 questions, true or false…50/50 chance. start…NOW!

  11. oh4werd Says:

    “i’m done with you free j, you dont want to be friends anymore, i dont care…”

    >:-(

  12. oh4werd Says:

    forfeit>>>>>funerals

    your family DEFINITELY doesnt need anymore of those lol…

  13. Gob Bluth Says:

    Gentrification >>>

    i’ont see the problem

  14. cOLD Says:

    tfk I know you fashion yourself the creator of “type of” ether

    but I used it eons ago to ether Londom Bloke and D-block”

    “type of nigga, skinny with wide hips”
    “type of nigga clean his maxima everday and put armor all on the tires”

    “type of nigga tuck in his t-shirt”

  15. F YOU PAY ME! Says:

    The hov hate is disgusting

    niggas aint shit

  16. oh4werd Says:

    here>hear

  17. harlem world Says:

    F YOU PAY ME! Says:
    April 10th, 2013 at 10:35 am

    HW

    you good money

    fellow vice lifer even

    but chill wit the hov slander cuz lol

    =====================

    spades must be called spades

    uncomfortable truths

    accountability

  18. harlem world Says:

    Gob Bluth Says:
    April 10th, 2013 at 10:38 am

    Gentrification >>>

    i’ont see the problem

    ==================
    most likely you was born into wealth

    no fault of ya own

    but thats prolly why you dont see the problem

  19. oh4werd Says:

    @FYPM – he was in nah right purgatory and got mad niggas gave honest opinions…got welcomed back wit ether by everyone at 12:01 lol
    —–

    Hov is where every other emcee aspires to be. He aint in my top 5 favorite but as far as a being an entrepreneur i respect him and 50 more than anyone else

  20. S.I.C.K Says:

    “type of nigga that wears white sox with dress shoes”

  21. The Architek Says:

    as an aside to this tkf/free j beef, i pray for AR-Clip

    up’d a pic of his lady and dudes gave him the classic “yeah… she cool” runaround

    the second he steps out of pocket, she’s getting shot at

    wolves

  22. King James Says:

    Kid Cudi – Brothers>>>>>>>>

  23. oh4werd Says:

    and i’ll disrespect u and ur your yard ornanments whenever i please…and u aint gonna do shit about it. maybe today, maybe a week it dont matter. I love forever u mortal…

    I.AM.A.GOD.

  24. S.I.C.K Says:

    the second he steps out of pocket, she’s getting shot at

    wolves
    ^^
    not me.she`s cute!

  25. oh4werd Says:

    up’d a pic of his lady and dudes gave him the classic “yeah… she cool” runaround

    the second he steps out of pocket, she’s getting shot at
    ^^^

    i never saw her but niggas is liars and reachin thats all..they e friends with u one minute and spinnin the next lol

    archive ether>>>>

    answer my fuckin question ether>>>>

    did you or did you not ether>>>>

  26. tHe kiD fRanKiE Says:

    the second he steps out of pocket, she’s getting shot at

    wolves

    ^lol she was aight…but yea

  27. S.I.C.K Says:

    don`t mean to nitpick BUT I despise blonde weaves/hair on a black woman.

    Looks cheap(opinion)

  28. Gob Bluth Says:

    most likely you was born into wealth

    no fault of ya own

    but thats prolly why you dont see the problem

    ^

    Yes & no

    always had a job since i was 16, never took anything for granted

    what’s wrong with less crime

    gentrification means more money is comin in how is that bad ?

    house Big grew up in is now worth a mill, how is that bad ?

  29. oh4werd Says:

    don`t mean to nitpick BUT I despise blonde weaves/hair on a black woman.

    Looks cheap(opinion

    ^^^

    na thats a fact…

  30. harlem world Says:

    the second he steps out of pocket, she’s getting shot at

    wolves
    ==================

    she was strugglin in a 2×2 room

    i seen jail cells with more space and better facilities

    i could prolly touch both walls at the same time, no homo

    long distance struggle

  31. &What?! Says:

    This new Chief Keef tape is gonna contain bangers.

    Straight gym music

  32. harlem world Says:

    hand me down office chair in the background

    shit cant even swivel round

  33. cOLD Says:

    not me.she`s cute

    ^ she was cute, and had one of those crazy eye thingy’s… know the puss good.

  34. oh4werd Says:

    Yes & no

    always had a job since i was 16, never took anything for granted

    what’s wrong with less crime

    ^^^

    this too
    —–

    yea faggot….im still commentin, u cant prevent shit. lets see if u stick to ur word about not commentin towards me again bitter ass woman. fuck ur shovel and that casket u bought…shoulda got an urn, its cheaper.

  35. harlem world Says:

    beanie sigel >

  36. S.I.C.K Says:

    gentrification means more money is comin in how is that bad ?
    ^^^
    because low to mid income housing is becoming more scarce.where are the common folk gonna live??Bronx ain`t even a last resort anymore.Pretty soon you`re gonna need a room mate to even break even in BK.

  37. Gob Bluth Says:

    Payin taxes <<<<

    i feel you Dame

  38. TS-LTE Says:

    don`t mean to nitpick BUT I despise blonde weaves/hair on a black woman.

    Looks cheap(opinion)

    ^

    I despise weave in general.

    Like, if I can’t lie about my assets and bank statements, she shouldn’t be able to lie about her genetic makeup.

    I’m taking make-up, weave, push up bras, stomach pressers, alla that fuck shit.

    If you take care of yourself, you wouldn’t need nunna that shit.

    Stop lying to niggas.

  39. TS-LTE Says:

    I called this Jay sell too.

  40. tHe kiD fRanKiE Says:

    did dame mention the curren$y thing?

  41. harlem world Says:

    Gob Bluth Says:
    April 10th, 2013 at 10:46 am

    most likely you was born into wealth

    no fault of ya own

    but thats prolly why you dont see the problem

    ^

    Yes & no

    always had a job since i was 16, never took anything for granted

    what’s wrong with less crime

    gentrification means more money is comin in how is that bad ?

    house Big grew up in is now worth a mill, how is that bad ?

    =============================

    its not right that people who built that community up

    worked hard all their lives creating businesses, spendin money in the community

    should be given the boot just because “certain people” wanna live there now

  42. S.I.C.K Says:

    Never thought I see a day where seeing a white person in the hood would be commonplace.Kinda weird to me how my hood has changed.

    they started a bicycle loan program in the hood.WTF?? LOL

  43. Gob Bluth Says:

    Yuppy’s = more money

    if you a hustler you see the opportunity

    the poor can move down south or to philly

  44. TS-LTE Says:

    Gentrification = good for the middle and upper class.

    Bad for people in poverty. Means a constant state of displacement.

    cBc.

  45. S.I.C.K Says:

    I despise weave in general.
    ^^^
    True I was being polite because if I enforced that no weave preference thats 95% of the dating pool.LOL

    sad but true the rank and file black woman in the hood is bald.

    Never saw a puerto rican with a weave…yet

  46. oh4werd Says:

    did dame mention the curren$y thing?

    ^^^

    GET.OFF.CURREN$Y.DICK…cock gazer.

  47. TS-LTE Says:

    should be given the boot just because “certain people” wanna live there now

    ^

    Silent Weapons for Quiet Wars.

    But njggas don’t listen to me.

    *Shrugs*

  48. MJ Says:

    I might team up with TS-LTE and cop this stake.

    Why not.

    Courtside.

    I call em baby mama seats.

    Lounge with the baby mama.

    Order food from the dude with the handheld device.

    Two hot dogs please [ll] – the kosher joints. Only Hebrew National. If a rabbi ain bless it, I can’t eat it brah.

    Why not.

    I know some of you never sat courtside.

    It’s ok.

    It’s ok to dream.

    Dream big, my brothers.

    “I be Spike’d out /
    I could trip a referee.”

  49. F YOU PAY ME! Says:

    minus the riff raff stannery. TKF good money lol

    Gob you know better

    gentrifcation makes black neighborhoods to expense to live in it basically forces niggas out

    bring in more money?

    how bout helpin the niggas in that area get meaningful work instead of replacing them with crackas

    niggas aint shit i tell ya

    besides..its just a trend for crackas

    soon as its trendy to move back to the suburbs theyre out…n they gon bring the niggas back in

    this phenomenon happens like every 20 suttin years

    black people are constantly manipulated and shitten on…when we not gettin shitted on wre being use in a jingle or dance to promote somthin

    a black man co signin gentrificatiom smh niggas aint shit

  50. TS-LTE Says:

    Never saw a puerto rican with a weave…yet

    ^

    Have t

  51. harlem world Says:

    TS-LTE Says:
    April 10th, 2013 at 10:55 am

    Gentrification = good for the middle and upper class.

    Bad for people in poverty. Means a constant state of displacement.

    cBc.

    ==================
    them crackers dont support black businesses

    they wanna take what blacks & hispanics built from the ground up

    blacks are treated like palestinians in this country, i swear

    especially the poor among us

  52. MJ Says:

    “Jay-Z plans to give up his small ownership share”

    ^

    Emphasis on “small.”

    Jigga’s stock certificate was printed on old newspaper.

    LOL

    Some of you who never owned stock won’t understand that one.

  53. TS-LTE Says:

    Never saw a puerto rican with a weave…yet

    ^

    Have you SEEN how fast p-Ricans hair grow?!

    They can shave their heads in the summer and be draping by the winter.

  54. Black Says:

    type of nigga clean his maxima everyday,

    ^^^^^^

    :(

    fRIO went back in time and shot high school me lol.

  55. TS-LTE Says:

    I might team up with TS-LTE and cop this stake.

    Why not.

    Courtside.

    I call em baby mama seats.

    Lounge with the baby mama.

    Order food from the dude with the handheld device.

    ^

    LMAOOOO

  56. tHe kiD fRanKiE Says:

    a black man co signin gentrificatiom smh niggas aint shit

    ^yea I cant co that @ all.

    but its a cycle that will never end. ridin thru da city other looks like a war torn country. liq stores and churches every corner ababndoned houses skrait poverty status.

    they allow the property value to get below zero damn near then buy all the property develop it push niggas out

    rename tha community

    every city in america

  57. Gob Bluth Says:

    its not right that people who built that community up

    ^

    debatable,

    look at philly, you can buy a house for 16k, that’s not building up a community

    a lot of people in Brooklyn that own houses black/latino are cashing out right now, i don’t wanna see niggas getting kicked outta their homes but look at our neighborhoods , they have no value whatsoever

    it’s a complicated issue i know, i’m just in my hustler mode right now

  58. TS-LTE Says:

    a black man co signin gentrificatiom smh niggas aint shit

    ^yea I cant co that @ all.

    ^

    Neither can I.

    But some black don’t overstand the adverse effects that come from it.

    Whether you had to move, or whether you had to deal with the new niggas coming in shooting shit up because they had to.

    Some of us are just different.

  59. The Architek Says:

    Gentrification is a necessary evil in some places in order to stimulate communities and local economies to make money.

    The thing is, for the right amount of money, you can declare any low-income neighborhood as blighted and basically stomp-out current residents into oblivion. Never mind that it just perpetuates the same set of circumstances and ills they experienced before, just in a new location. Brooklyn is a fucking diagram of classicism and income disparity.

    NYC has a legion of yuppies that think the “culture” is having some modern Greek restaurant as opposed to a thriving Greek community/neighborhood.

  60. Black Says:

    look at philly

    ^^^^

    Gentrification doesnt build up a community it tears it down and replaces it. Its segregation based on socio economics. Forced poor people flight.

    I respect the cold blooded capitalism of it.

  61. TS-LTE Says:

    but its a cycle that will never end. ridin thru da city other looks like a war torn country. liq stores and churches every corner ababndoned houses skrait poverty status.

    ^

    Dawg, they call my mother’s block “no love”. The store on the corner was closed down and we called that jawn “the murder show”. Why: wanna see someone get shot? Post there on a Friday and stay low. Somebody getting they wig pushed back.

    From 55th & Ashland to 63rd and Raccine… Man, listen. I liken the scenery to actual factual Haiti.

    You ain’t seen poverty until you seen niggas out there with the buckets scraping snow to put on kerosene heaters.

    You don’t wanna see it either.

  62. F YOU PAY ME! Says:

    yea you can buy a house for 16k in on a depleted drug block nigga

    fuck is your point

    lmao

  63. S.I.C.K Says:

    At the same token,why do we destroy our hood to ruins in the first place?

    Those uncomfortable truths(c)hw

  64. Stop it 5 Says:

    it’s a complicated issue i know, i’m just in my hustler mode right now
    ^
    So owning Slaves sounds appealing to you?

    Stop it.

  65. TS-LTE Says:

    Either side just can’t/don’t/won’t get it though.

    Like JDS said, it’s a necessary evil based off politics alone that may be over some of ya heads.

  66. Gob Bluth Says:

    Wait so niggas will cosign selling drugs to their own people, “shooting shit up because they had to” ?

    but i’m wrong for wanting to cash out from gentrification ?

    let’s be real here as a people we’ve been put in a tight spot, theres no denying that but we ain makin it better for ourselves

  67. TS-LTE Says:

    yea you can buy a house for 16k in on a depleted drug block nigga

    ^

    16?

    Come to Chicago. I can show you houses on the grid for $5k.

    But you can also get a really good house off the tax list for about $20k with you get some research and politicking skills.

  68. Black Says:

    @FUPM

    Lol yeah I was thinking that. Buy a crib for 16 racks if you want to.

    I guarantee that shit aint nowhere you wanna live.

  69. F YOU PAY ME! Says:

    SICK

    come on god you kno beyter

    thrrow crack guns hot cheetos high rise project buildins in the burbs

    it will be destroyed in a decade

    niggas aint shit

  70. Stop it 5 Says:

    Gob Bluth wants to capilize on his own people. Modern Day Slave owner, I’m sick. What color are you?

  71. The Architek Says:

    let’s be real here as a people we’ve been put in a tight spot, theres no denying that but we ain makin it better for ourselves

    ^^

    That’s true in some cases.

    But gentrification is often more about wiping the slate clean to build anew rather than investing in what exists now and already working.

  72. TS-LTE Says:

    At the same token,why do we destroy our hood to ruins in the first place?

    Those uncomfortable truths(c)hw

    ^

    2 things are at play here though.

    Us (yes)

    And lack of allocated funds to do something with.

    So, really don’t no one give a fuck. Not even you. I been saying this for a minute and y’all told me I was in my high horse for speaking about it, and trying to do my lil thing.

    So…. Ya know.

  73. Black Says:

    but i’m wrong for wanting to cash out

    ^^^^^

    Not in the least bit. Niggas tried to fraud the 9/11 fund… anything goes when you tryin to make bread in America.

    Just cant spin it like gentrification benefits all.

  74. tHe kiD fRanKiE Says:

    16?

    Come to Chicago. I can show you houses on the grid for $5k.

    ^i was thinkin same…shit you can cop sumn for 4-5-10…put 20-40 into and flip it

    however who goin cop it, cuz ray ray and shenekea on sec 8 next door wit 10 kids drivin the prop value down.

    But I see your vision. I guess if you didnt grow up in the hood or w/e why would someone care about gentirifcation(sp)

  75. F YOU PAY ME! Says:

    a nigga will get a good job

    instead of stayin in his coommunity he get far away from it as possible

    if all the niggas in the hood that acquired money and a good lifestylee to support they fam didnt say “fuck u niggas im out” the hood wouldnt be the hood

    its jus be a black community full of niggas thats doin good for themselves

    but nah

    niggas ratha live where the crackas at

    why

    niggas aint shit thats why

  76. Gob Bluth Says:

    Lol yeah I was thinking that. Buy a crib for 16 racks if you want to.

    I guarantee that shit aint nowhere you wanna live.

    ^

    that was my point

    no shots

  77. AFGun Says:

    melo is not championship material. he will never win a title. and the knicks organization is a joke lol. they surround 2 ball hogs with guys who should’ve been retired years ago, an out of shape point gaurd and 2 injury prone big men. and u fools root for them. knicks been old news. y’all just lucky the east is weak as fuk aside from miami. new york will be eliminated round 1 of playoffs as always

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