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PROKHOROV TRUMPS JIGGAMAN:
The NY Times just released a new report, saying that Jay Z owns ALMOST NONE of the New Jersey Nets.
JAY, has been talking about owning the nets for some time now But according to the Times, Jigga's interest in the team amounts to one fifteenth of ONE PERCENT of the team, or less than $200,000. The NETS franchise is valued at $300 million.
Here is what they report:
All told, [Jay Z] has achieved a remarkable feat of leverage with his tiny sliver of the team, which was reduced from one-third to one-fifteenth of a percent upon Mr. Prokhorov’s purchase of the Nets, according to people aware of the deal terms
Despite what people are saying, its one thing that you can't deny; Jay-z and Queen Bey are a very rich couple. Im sure Jay got some sh*t up his sleeve thats going to make him more money, he probably isnt tripping off of prokho-whoever.
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