Found February 10, 2012 on
SLAM Online:
The New Jersey Nets are moving to Brooklyn next season, and even though they may still be awful at the game of basketball, minority team owner and rap mogul Jay-Z wants the experience of watching them in person to be a luxurious (read: wildly and needlessly expensive) one. From the WSJ: “As the Nets prepare to move to their new home in downtown Brooklyn, Jay-Z will headline the Barclays Center’s grand opening in September with a concert. And while the team declined to disclose his ownership percentage, which is considered to be small, this much is clear: His influence, particularly when it comes to style and branding, far outweighs his financial stake in the franchise. ‘I don’t tell Jay-Z to do anything,’ said Brett Yormark, the CEO of Barclays Center and the Nets. ‘I mean that. He tells me what to do. Listen, when it comes to our engagement, let’s just say he’s the CEO.’ The Nets are celebrating the role that he’s played i...
Original Story:
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February 11, 2012








