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.