Showing posts with label Net Stake. Show all posts
Showing posts with label Net Stake. Show all posts

Monday, 22 April 2013

Jay-Z Officially Drops Brooklyn Nets Stake; Rapper-mogul finalizes sale and launches Roc Nation Sports

Original Post: HERE

Goodbye, Brooklyn.

Days after reports surfaced that Jay-Z was looking to sell his ownership share in the Brooklyn Nets to become a sports agent, it's official: The rapper-mogul has finally relinquished his shares in the new team. He released a statement via his website, Life & Times, commenting on the deal.

"Being a member of the Nets organization surpassed some of my greatest ambitions," he said in the statement, posted underneath a large header that read "Brooklyn" in the team's official font and black-and-white color scheme. "It was never about an investment; it was about the NETS and Brooklyn. My job as an owner is over but as a fan it has just begun. I’m a Brooklyn Net forever... A thank you and deepest appreciation goes to the fans. You are the lifeblood of any team."