Every NBA team’s most famous fan
By Dylan Hughes
Brooklyn Nets — Jay-Z
Rapper and business mogul Jay-Z is a very rich man. Earlier in 2018, Jay-Z’s net worth was reported to be $810 million — not far behind Diddy’s.
What is one thing near-billionaires love to do? Own a stake of a professional sports franchise.
Jay-Z was a previous stake-holder in the New Jersey Nets, helping the team move to his hometown of Brooklyn. Once the process was over, he sold his stake in the Nets and Barclays Center for a total of $2 million.
Jay sold his stake in the Nets, but he didn’t let that change his fandom. He still has to rep his now hometown team.
He still has connections to the team as well. Roc Nation, Jay-Z’s entertainment company, belongs in a large tree of other entertainment companies including Live Nation and Ticketmaster. Michael Yormark is the president and chief of branding and strategy for Roc Nation. Michael’s twin brother, Brett, is the CEO of the Nets.
Brett and the team got Jay right for his birthday last season, delivering him this lavish cake.