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Friday, August 17, 2012
Jay-Z: Nets' fraction owner

By Mike Mazzeo

Jay-Z owns "part" of the Nets ... part being the operative word.

According to the New York Times, the hip-hop mogul owns 0.06 percent of the team -- or 1/15th of a percent.

ESPN business reporter Darren Rovell tweeted that Jay-Z’s stake in the Nets, based on Forbes' latest evaluation, is worth $214,000.

Click here to read the Times profile on Jay-Z.