I just read this. Basically the team is worth 300mil, jay owns about 200k of that.
Is any of this true.
So Jay Z only owns 1/15th of 1% of the Nets
- Thread starter BrothaZay
- Start date
I just read this. Basically the team is worth 300mil, jay owns about 200k of that.
Is any of this true.
its true
http://www.nytimes.com/2012/08/16/n...y-investors-playbook.html?_r=1&pagewanted=all
used to earn 1/3 of 1%
http://www.nytimes.com/2012/08/16/n...y-investors-playbook.html?_r=1&pagewanted=all
used to earn 1/3 of 1%
Jay-Z is basically a front man for the team. I though everyone knew this. I didnt know the exact number but always knew it was extremely small.
Either way his miniscule ownership is >>>> than mines so i cant front
Either way his miniscule ownership is >>>> than mines so i cant front
damn that's low, I thought it was like 10% or something. Glorified employee basically, I see them using his image to promote the nets. Basically a celebrity endorser*waits for nikkas who don't own anything to come in and "shyt" on him*
more than what i own.
he won. i lost.
he won. i lost.
Jiggaman winning 
I'm pretty sure he recouped his investment buy now.
I'm pretty sure he recouped his investment buy now.
Jay Z is overrated business wise to me. 50 would've had at least 5% of the Nets.
Magic even has around 3% of the Dodgers
Magic even has around 3% of the Dodgers
LandryFieldsDad
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He only invested one million...and i'm positive he's profited more than that.
Jay Z is overrated business wise to me. 50 would've had at least 5% of the Nets.
i think he was just being smart about it. didnt want to put too much of his money into the investment and come out on the losing end. its only been like 3 or 4 yrs since he put up his money. give it a lil more time.
