Jay Z To Part Ways With His Brooklyn Nets Shares (DETAILS)

jay z
Jay Z is reported to have sold his shares in the Brooklyn as he runs his own sports agency.

Although he still owns the Barclays building and still owns his courtside seats, he no longer owns his shares in the team. Word has  it that Hova is planning to sell his shares to new Nets coach Jason Kidd.

The New York Post is reporting that Kidd will take over Jay’s .067 percent (1/15th of a percent) stake in the team for about $500,000.

Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him.

Jay has so far signed up some of the biggest names in sports, including Robinson Cano and Kevin Durant, to his new Roc Nation Sports Agency.

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