Found April 17, 2013 on
Larry Brown Sports:
Via Larry Brown Sports:
Reddit co-founder Alexis Ohanian is making it known that he would like to purchase Jay-Z’s ownership share in the Brooklyn Nets.
Last week it was reported that Jay-Z will be selling his ownership share in the Nets — an amount less than one percent of the franchise — in order to become a certified NBA agent.
Ohanian, who sold the popular social media site Reddit.com in 2006, is a Brooklyn native and Nets season-ticket holder, according to NetsDaily.com. Ohanian tweeted last week to express his interest in buying Jay-Z’s shares:
Ohanian was also on Bloomberg TV’s “Money Moves” Tuesday where he again expressed his interest in buying Jay-Z’s share of the Nets.
“Absolutely,” answered Ohanian when asked if he would have interest in buying Jay-Z’s share. “In fact, I have tried to make as many public and private overtures as I can to let HOVA know that I would absolutely be honored to buy those shares.”
Nets Daily also says Jay-Z will decide who purchases his share of the team. Jay-Z reportedly paid $1 million for his stake in the team.
You can see Ohanian’s interview with “Money Moves” below. The Nets part comes at the very end:
BEST OF MAXIM
In deciding to start his own sports agency, Roc Nation Sports, Jay-Z was forced to give up his ownership stake in the Nets. He penned a letter to explain his love for the franchise.
The Brooklyn Nets will play their first playoff series since 2007, and their first ever in Brooklyn – and all black everything will be their home-court playoff theme. Fans are encouraged to wear black for the “blackout” and the Nets will seek permission to wear their away jerseys at home.
According to the NY Times:
“The goal is to wear black at home,” said Fred Mangione...
Jay-Z took to his website, Life and Times, to pen a letter on the Nets as he sold his remaining shares in the team. The transcript is as follows.
Being a member of the Nets organization surpassed some of my greatest ambitions. It was never about an investment; it was about the NETS and Brooklyn. My job as an owner is over but as a fan it has just begun. I’m a Brooklyn Net forever...
The Nets and Pistons faced off on Tuesday night and during the game Mirza Teletovic learned a very important lesson about when to tie his shoe. As both teams lined up for a free throw, Mirza must have thought it was two instead of one attempts because he bent over to tie his shoe just as Kim English shot his free throw. As Mirza tied his shoe, Andre Drummond was treated with one...
We all knew this was coming eventually. Today Jay-Z released a letter about the end of his Brooklyn Nets ownership and the future of both the team and his Roc Nation label. Read below. Being a member of the Nets organization surpassed some of my greatest ambitions. It was never about an investment; it was [...]
Andre Blatche has been a very productive bench player for the Brooklyn Nets this season, which if you’re familiar with the 6-foot-11 forward’s past, is somewhat surprising.
Blatche has played in all 81 games for the Nets this season and is averaging 10.2 points, 5.1 rebounds in 18.9 minutes per game and shooting 51 percent from the field.
But, according to a story courtesy Pro...
Brook Lopez scored 20 points and reserve Andray Blatche added 15 as the playoff-bound Brooklyn Nets held off the Detroit Pistons 103-99 on Wednesday night.
Kris Humphries had 11 points and Joe Johnson added 10 for Brooklyn, winners of two straight. The Nets wrapped up their first regular season after leaving New Jersey and will open their first playoff series in six years at home...
Brooklyn Nets and Chicago Bulls 1st Round Playoff Preview
The Brooklyn Nets and Chicago Bulls series is by far the most evenly matched in the 1st round of the East Playoffs, which is the way it should be in a 4-5 matchup. The Nets have the far better offense, while the Bulls are the better defensive team. However close this series is, it will all come down to these two things, the...
The Brooklyn Nets still don't know who they'll play in the first round of the playoffs, but they hope to be fully rested and healthy once it starts.
With the Eastern Conference's fourth seed locked up, the Nets will go for their first season sweep of the Detroit Pistons in franchise history and sixth win in seven games overall Wednesday night in Brooklyn.
NEW YORK (AP) -- Brook Lopez scored 20 points and reserve Andray Blatche added 15 as the playoff-bound Brooklyn Nets held off the Detroit Pistons 103-99 on Wednesday night. Kris Humphries had 11 points and Joe Johnson added 10 for Brooklyn, winners of two straight. The Nets wrapped up their first regular season after leaving New Jersey and will open their first playoff series...
Regardless of what players they're missing due to injury, Tom Thibodeau's Bulls never give up, ever
Even though the Nets have been firmly entrenched in the #4 spot in the Eastern Conference for awhile now, who will face them in the 1st round of the playoffs (the #5 seed) still hasn't been determined yet, and the race for the spot between the Bulls...
4/15/2013 - Barclay's Center, Brooklyn, NY
ESPN Boxscore - NBA.com Game Highlights
The Wizards went into Brooklyn last night to play a game that would easily be mistaken for a Summer League matchup. With several key contributors from both teams sitting out the rest of the season, it was a battle between sloppy...