Jay-Z has a long list of titles and accomplishments on his fairly impressive resume – but he’s about to take one title off his CV.
Owner of the NBA team Brooklyn Nets.
As Jay starts up his own sports agency called Roc Nation Sports, he has to give up his ownership stake in his basketball team, the Nets. According to the Yahoo! Sports:
The process is expected to be completed in time for Roc Nation to compete for players entering the June NBA draft, but there’s no guarantee of the timing, sources said. Those within Roc Nation and the CAA alliance aren’t “chasing a clock on this,” one source said. “This isn’t about one draft, but taking the long view of the business.”
Good luck to Jay!
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