Jay Z Allegedly Selling His Nets Ownership to Jason Kidd
Sources told Page Six that Jay Z will allegedly be selling his stake in the Brooklyn Nets ownership to the team's new head coach, Jason Kidd. Since Jay started his Roc Nation sports agency, he was forced to sell his .067 percent ownership of the team, and apparently other owners of the Nets "urged" him to sell his shares to Kidd.
He is allegedly giving up his minor percentage in the team to Kidd for $500,000.
Source: nypost.com
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