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Forum nameGeneral Discussion
Topic subjectgetting booted from nets ownership while having to explain it away
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13267488&mesg_id=13267919
13267919, getting booted from nets ownership while having to explain it away
Posted by select_from_where, Tue Jun-19-18 04:53 PM
https://www.rollingstone.com/music/news/jay-z-explains-reason-for-selling-brooklyn-nets-stake-20130419

These sports dudes are TITANS of business and entertainment, music is but a paltry comparison in terms of wealth and influence.

I am sure Jay wanted to have more say and the russian owner told him to stick it up his borscht

and don't buy the conflict of interest, dude probably started liquidating his ownership stake before any of the roc sports stuff happened. its typical for entrepreneurs to downsize their investment and focus a niche if something isn't working out.