News: Jay Z Selling His Ownership In What?

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Jay-Z

Jay Z is expanding his brand into the sports world but that means he has to let go of some of his other business ventures. Already having sold his ownership in the Brooklyn Nets to Jason Kidd for $500,000, Mr. Carter had to sell his ownership to the Barclays Center. Because of his representation of several athletes via Roc Nation Sports his 1/5 of 1% of the venue ownership has to go. He’s expected to make about $1.5 million off of that deal.

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