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.