Found September 29, 2012 on
The fine folks at WWTDD put Jay-Z's "ownership" of the Nets into better perspective than I could have, but the sentiment is the same:
That, and this Wall Street Journal article with the headline, “Jay-Z: Bringing Nets to Brooklyn an American dream”, and his buddy Kanye writing lyrics about Kris Humphries that say, “Lucky I ain’t had Jay drop him from the team”, pretty much imply that Jay Z runs the Nets.

In reality he only owns one-fifteenth of one percent (that’s 0.00066666666 percent) of the team. Russian billionaire Mikhail Prokhorov owns 80 percent (and half of Barclays Center). And he didn’t bring them to Brooklyn either. That was already the idea before Jay was ever approached about being an investor. Basically this is like Jay Z bought a plane ticket on Delta and then took credit when it landed.
While we can't understate the impact Jay-Z has had on the image of the Nets to players, fans and the media, let's not overstate his involvement in bringing them to Brooklyn or his day-to-day influence on the business decisions of the franchise.

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The speculation regarding what the new Brooklyn Nets uniforms would look like in their inaugural season back in the Brook this fall is officially over. We now have our first look at the unis thanks to 2k Sports’ NBA 2k13, which Nets owner Jay-Z is executively producing, and this new leaked video. Mr. Carter himself oversaw the design process of the uniforms, which I find surprisingly...

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Jay-Z opens Barclays Center wearing Brooklyn Nets jersey

Brooklyn's own Jay-Z opened up the new downtown Barclays Center with a bang.  The first event ever held in the new arena was a hometown showcase for the singer who promoted its newest tenants — the Brooklyn Nets — by sporting a No. 4 team jersey. Jay-Z made his dramatic Barclays Center debut — the first of eight concerts — wearing a Nets cap and the the old school-style...

Nets Owner Mikhail Prokhorov Calls Knicks New York’s Second Team

There is a lot of noise being talked in sports lately. It’s that feeling you get when you finally have a good team as a coach or player, or a good product as a owner. The New York Post is reporting that Nets owner Mikhail Prokhorov got into the mix yesterday on Fox 5 “Good Day [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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