Jay-Z selling his Brooklyn Nets ownership stake to Jason Kidd

Jay-Z selling his Brooklyn Nets ownership stake to Jason Kidd
Jay-Z selling his Brooklyn Nets ownership stake to Jason Kidd

Jay Z is selling his minority ownership in the Brookyn Nets to coach Jason Kidd, sources exclusively tell Page Six.

We’re told Kidd will take over Jay’s .067 percent (1/15th of a percent) stake in the team for about $500,000.

The move comes as Jay was forced to sell his Nets shares over a conflict of interest after he started a sports agency, Roc Nation, signing clients including Yankee Robinson Cano and Oklahoma City star Kevin Durant.

A source told us, “Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him.”

Reported by Page Six of the New York Post

Jared Sullinger apologizes, pleads not guilty in domestic assault case

An apologetic Boston Celtics forward Jared Sullinger is free on $5,000 bail after he was arrested yesterday on charges of assaulting his longtime girlfriend last weekend after she “found evidence on his cellphone that he was cheating on her,” Waltham cops said.

Sullinger pleaded not guilty in Waltham District Court yesterday to assault and battery, destruction of property of more than $250 and witness intimidation.

“The experience was humbling and embarrassing for me,” Sullinger said in a statement. “Yet I know that this situation has brought both sorrow and embarrassment to my girlfriend, my family, the Boston Celtics organization, my teammates and my fans. To all of you, I apologize from the bottom of my heart.”

Reported by Antonio Planas of the Boston Herald

The Boston Celtics’ Jared Sullinger stood stone-faced and wearing handcuffs in the dock of Waltham District Court on Tuesday as prosecutors said the 6-foot-9-inch, 260-pound power forward pinned his girlfriend to a bed and to the floor of their townhouse last weekend and then snatched and smashed her cellphone when she tried to call police.

“During this heated argument in the bedroom, Jared pushed her down onto the bed and got on top of her,” Waltham police wrote in their report of the confrontation. Sullinger’s girlfriend said “she tried several times to get up, but he kept pinning her down and would not let her up.’’

Reported by David Abel and John R. Ellement of the Boston Globe