Author Topic: does Jay-Z own the New Jersey Nets?  (Read 347 times)

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does Jay-Z own the New Jersey Nets?
« on: December 10, 2005, 11:19:21 AM »
I've been hearing that hes going to buy the franchise or something for like 2 years now.. and one of my friends keeps trying to convince me that he already owns them... is it true?
 

Throwback

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Re: does Jay-Z own the New Jersey Nets?
« Reply #1 on: December 10, 2005, 11:20:05 AM »
he did it a few months ago i believe. he wanted to bring em to his old hood.
 

ecrazy

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Re: does Jay-Z own the New Jersey Nets?
« Reply #2 on: December 10, 2005, 11:21:28 AM »
Yes, They Are Moving To Brooklyn Soon
 

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Re: does Jay-Z own the New Jersey Nets?
« Reply #3 on: December 10, 2005, 11:32:42 AM »
I think he owns like 15 or 20% of the franchise. I know him and some business partners bought the Nets about a year or so ago and were planning to move the team to Brooklyn. Jigga was at the Nets vs Cavs game lastnight with Beyonce.
 

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Re: does Jay-Z own the New Jersey Nets?
« Reply #4 on: December 10, 2005, 11:38:21 AM »
I think he owns like 15 or 20% of the franchise. I know him and some business partners bought the Nets about a year or so ago and were planning to move the team to Brooklyn. Jigga was at the Nets vs Cavs game lastnight with Beyonce.
naw Jay owns like 3% of the franchise so he needs to shut the fuck up with making dumb ass comments like "i own the Nets baby".
 

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Re: does Jay-Z own the New Jersey Nets?
« Reply #5 on: December 10, 2005, 12:27:06 PM »
I think he owns like 15 or 20% of the franchise. I know him and some business partners bought the Nets about a year or so ago and were planning to move the team to Brooklyn. Jigga was at the Nets vs Cavs game lastnight with Beyonce.
naw Jay owns like 3% of the franchise so he needs to shut the fuck up with making dumb ass comments like "i own the Nets baby".
Where did you see that he only owns 3%?     And he owns part of the nets plus he runs Def Jam ect. Im pretty sure JayZ can make whatever comments he wants.  You seem pretty upset that he said "I own the Nets baby" :-\  Whats up with that?
 

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Re: does Jay-Z own the New Jersey Nets?
« Reply #6 on: December 10, 2005, 12:32:41 PM »
I think he owns like 15 or 20% of the franchise. I know him and some business partners bought the Nets about a year or so ago and were planning to move the team to Brooklyn. Jigga was at the Nets vs Cavs game lastnight with Beyonce.
naw Jay owns like 3% of the franchise so he needs to shut the fuck up with making dumb ass comments like "i own the Nets baby".
Where did you see that he only owns 3%? And he owns part of the nets plus he runs Def Jam ect. Im pretty sure JayZ can make whatever comments he wants. You seem pretty upset that he said "I own the Nets baby" :-\ Whats up with that?
there was an article on it(on Daveyd.com a looong time ago)and they listed how much of the club everyone owned. im not upset but its just funny to hear him say that he owns a club that he has no control over tryin to fool peeps that hes actually the majority owner. and he runs Def Jam? yea the only thing hes done good with is putting out flops so yea.......
 

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Re: does Jay-Z own the New Jersey Nets?
« Reply #7 on: December 10, 2005, 02:44:20 PM »
i thought he "owned" them - i guess not.
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Re: does Jay-Z own the New Jersey Nets?
« Reply #8 on: December 10, 2005, 08:00:33 PM »
yeah, Jay owns 3%, he sits on the "board" of the Nets which is like 10 people.. so if you look at he owns 3%, he's probably got the smallest percentage of the club
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K A I N

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Re: does Jay-Z own the New Jersey Nets?
« Reply #9 on: December 10, 2005, 08:06:26 PM »
JayZ better get off his high camel  ;D Beyonce disgusts me w/o makeup.
 

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Re: does Jay-Z own the New Jersey Nets?
« Reply #10 on: December 11, 2005, 03:04:03 AM »
I always had the impression that Jay didn't personally own much, but the company he formed with those business partenrs of his (who they are, I don't know) owns a good slice. So no, he doesn't personally own the Jets, but his company does, as far as I know.