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Jay-Z is selling Nets ownership stake to Jason Kidd?

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Jay-Z is selling Nets ownership stake to Jason Kidd?

A reason why Jay-Z is so admired is because he does everything he sets out to do. As a sports fan, Jay-Z always dreamed of having an NBA team in Brooklyn. He saw an opportunity with the New Jersey Nets. When he purchased a small ownership stake in the Nets, Jay-Z had plans of relocating the team to Brooklyn.

In 2012, Jay-Z finally helped move the Nets to Brooklyn. In addition, they made the playoffs for the first time in six years. Despite not moving past the first round, the Nets are a team of the future and they traded for major pieces. These moves will come without Jay-Z, who is selling the team to do his agency, Roc Nation Sports.

Honoring the New Jersey history, the Nets hired Jason Kidd as their head coach. Now, according to the rumors, Jay-Z is being urged to sell his stake in the Nets to Jason Kidd. It is being said that the franchise wants Kidd as an owner and that he is willing to pay $500,000 to Jay-Z for his stake.

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