Jay Z Selling His Barclays Stake
“Since starting Roc Nation Sports, a new agency with marquee signings like Robinson Cano, Kevin Durant and Victor Cruz, the rapper and mogul had already begun offloading his stake in the Nets organization. (He sold his one-fifteenth of one percent to head coach Jason Kidd for $500,000.) Interestingly, his ownership in the center itself is proving to be far more valuable. According to the New York Times, Jay Z owns a little less than one-fifth of one percent of the venue, a stake that’s currently valued at about $1.5 million (the whole venue has a potential worth of $741 million).”
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Posted on September 19, 2013, in Entertainment, Jay-Z Music, Pop News and tagged Entertainment News, hip hop, Jay z Barclays, Jay z Barclays Center, Jay z Barclays Ownership, Jay z Barclays Share, Jay z Barclays Stake, Jay z Earnings, Jay z Net Worth, Jay z Nets, Jay z Nets Owner, Jay z Nets Ownership, Jay z Roc Nation Sports, Jay z Selling Barclays Stake, Jay-Z, Music, Roc Nation Sports. Bookmark the permalink. 2 Comments.