I know we like to pretend everything rich people do is a 4D chess move but it’s very fair to believe there’s some money or liquidity issues going on in that camp.
Roc Nation has been bleeding money (insane overhead, a lot of high salaries for do nothing jobs) for years and isn’t in the greatest shape. They are a part of a bid to get a Caesar’s Palace casino in Times Square, which is their Hail Mary to get out dumpster.
Obviously they’re far from broke, but wealthy people aren’t going back to the well over and over to take on $100 million in debt on a mortgage if they have other viable options for capital.