Log in

View Full Version : JAY-Z ripping Nets in new rap song



Knicksfever2010
04-11-2013, 11:54 AM
http://www.nypost.com/p/blogs/netsblog/jay_speaks_out_new_selling_ownership_FkjL4MMaWxiGA 86EG4Zb2J#axzz2QAdvskgb

TheMarkMadsen
04-11-2013, 11:59 AM
Funny thing is that he was just a marketing puppet for that team.

Dude owns less than 1%..

nathanjizzle
04-11-2013, 12:06 PM
jay z owns a crumb of an entire pie.

StroShow4
04-11-2013, 12:06 PM
So Jay only owned one fifteenth of one percent? I'm too lazy and probably not smart enough to do the math, but what is one fifteenth of one percent of $530 million? Doesn't seem like much.

nathanjizzle
04-11-2013, 12:07 PM
So Jay only owned one fifteenth of one percent? I'm too lazy and probably not smart enough to do the math, but what is one fifteenth of one percent of $530 million? Doesn't seem like much.

353,000 :roll:

niko
04-11-2013, 12:08 PM
He's actually ripping people who read the news, it's just a crappy lyric that doesn't say it well.

He's being a douche, he's going to an agency that has deep Knick ties in it's roster (Woodson, Melo, JR, Amare) among others. He's not going to the Net games anymore either. And he's becoming an agent, where you can't have close team ties. But he wants people not to doubt his Net ties. And he got bashed for his trip to Cuba because he did it in rich person douche style, where you forego the easy to get permit because you don't have to because you are a rich douche.

And he only owned $350k of the team. I remember when the question came up on what he owned and the leaked amounts were much higher than that. I don't recall him saying it's $350k.

knickscity
04-11-2013, 12:10 PM
This thread is a fail.

He isn't ripping the Nets.

That line was to the NY Times dude that made the claim of how much his shares were worth.

Dont even see why this is worthy mention, the 1 mil he put in has more than made up for it.

He paid a small amount to expand globally on the sports scene.

StroShow4
04-11-2013, 12:11 PM
353,000 :roll:

:oldlol:


And didn't he have his panties all in a bunch over "haters" talking about his minute share in the team, as if he was a major player?

chips93
04-11-2013, 12:13 PM
Funny thing is that he was just a marketing puppet for that team.

Dude owns less than 1%..

he got plenty out of it himself too

dannywpt
04-11-2013, 12:13 PM
So Jay only owned one fifteenth of one percent? I'm too lazy and probably not smart enough to do the math, but what is one fifteenth of one percent of $530 million? Doesn't seem like much.

$353,333

Which, in comparison, is

1,646%

of Joe Johnson's salary for 2013.

:roll:

niko
04-11-2013, 12:14 PM
This thread is a fail.

He isn't ripping the Nets.

That line was to the NY Times dude that made the claim of how much his shares were worth.

Dont even see why this is worthy mention, the 1 mil he put in has more than made up for it.

He paid a small amount to expand globally on the sports scene.
Because he sat front row and let everyone think he was an owner with say and essentially he owned a pct that was literally nothing.

tpols
04-11-2013, 12:14 PM
Nah put jay z to rest a long time ago.. His music now is ass.

2LeTTeRS
04-11-2013, 12:15 PM
Funny thing is that he was just a marketing puppet for that team.

Dude owns less than 1%..

Ok and? Whether or not they "used" him he "used" them just as much to give himself a higher profile in the sports and business worlds. Not to mention he still owns part of the arena.

tpols
04-11-2013, 12:15 PM
353,000 :roll:
Damn:oldlol:

Prokys bellboy.

niko
04-11-2013, 12:16 PM
:oldlol:


And didn't he have his panties all in a bunch over "haters" talking about his minute share in the team, as if he was a major player?

Yes, i recall saying he had no say in the direction of the team and being called an idiot because his 1-1.5% was still a lot of money, etc. It's not 1 1/5%. And when it was being speculated he ONLY had 1% i don't recall him saying it's nowhere near 1%.

If you told me NIKO YOUR $200k a year salary is impressive and i nod and you find out i only made $35k a year you'd give me shit. This is the same.

niko
04-11-2013, 12:17 PM
Damn:oldlol:

Prokys bellboy.

It's Proky, his bellwoman is a 6'4'' russian woman who doubles as a supermodel and international spy.

knickscity
04-11-2013, 12:26 PM
Because he sat front row and let everyone think he was an owner with say and essentially he owned a pct that was literally nothing.
It was marketing the whole time, for the Nets and himself, and both prospered.

The only fools is the ones who fell for the soap.

Prok Jay-Z and the Nets all benefited from this.

Prok: I need a face for this, wouldn't have had this issue if I had brooklyn born Melo.

Jay: Cool, I get clout for this, I got a mil in the ashtray.

Nets: Everyone in BK is gonna wear our shit now.

Mission accomplished.

Let see how much Robinson Cano makes before we slam the master plan.

StroShow4
04-11-2013, 12:31 PM
Just to be clear, I'm not criticizing Jay-Z or the Nets over his involvement, as it made sense for both parties. I just think it's lame that he was putting on like he owned half the team, getting all upset when people suggested his chunk wasn't all that large.

knickscity
04-11-2013, 12:35 PM
Just to be clear, I'm not criticizing Jay-Z or the Nets over his involvement, as it made sense for both parties. I just think it's lame that he was putting on like he owned half the team, getting all upset when people suggested his chunk wasn't all that large.
It was all a front my man, he had to look offended to play the role.

StroShow4
04-11-2013, 12:38 PM
It was all a front my man, he had to look offended to play the role.

I suppose that's a good point.

alwaysunny
04-11-2013, 12:43 PM
It was all a front my man, he had to look offended to play the role.

Play what role? How does him being butthurt accomplish anything?

knickscity
04-11-2013, 12:46 PM
Play what role? How does him being butthurt accomplish anything?
i guess you fell for it as well.

niko
04-11-2013, 12:47 PM
Play what role? How does him being butthurt accomplish anything?
It doesn't, but he's famous and a large pct of the world doesn't like to slam famous people for anything.

alwaysunny
04-11-2013, 12:48 PM
There was no masterplan behind all this. For Jay-Z at least. Prokhorov used him and that was the end of it. Jay was just being a douche that he is by exaggerating the ownership trying hide the fact that he's just a bench player in the business world.

He was on the Letterman prior to the BK relocation where Letterman asked him "Are you still the owner of the Nets?", and he goes "Yeah, even more so."

LOL ***** please :kobe:

alwaysunny
04-11-2013, 12:50 PM
Found it

http://www.youtube.com/watch?v=4CQUwXnn0NE

knickscity
04-11-2013, 12:50 PM
His ashtray change was converted into a role with one of the biggest talent agencies in the world.

But yeah, he's "butt hurt".:lol

I'd kill to be butthurt like that.

alwaysunny
04-11-2013, 12:55 PM
Yeah I guess he wasn't really used if both parties benefited from it. But I still don't understand how being offended has anything to do with it.

knickscity
04-11-2013, 01:00 PM
Yeah I guess he wasn't really used if both parties benefited from it. But I still don't understand how being offended has anything to do with it.
It was an unexpected wrinkle imo, but he had to play the role.

Makes no difference, it worked, the guy advanced, everybody won.

I remember that letterman thing as well, notice how he was already briefed on what not to say, and took everything as funny.

For him, this episode was nothing more than a script.

Think about it really hard, his bench role, just landed hima bench role on the all-star team.

It's A VC3!!!
04-11-2013, 01:03 PM
Jay says "I'm still keeping my seats". Whether he's in nets gear or not, I fully expect him to be at every home playoff game in his usual seat. Nets announced that the theme is "blackout Brooklyn". That arena is going to look marvelous in all black. Nine more days until the playoffs!:cheers:

thabisyo
04-11-2013, 02:21 PM
353,000 :roll:


:applause:

GOBB
04-11-2013, 02:27 PM
$350,000 more than anyone has here. Cant knock the hustle especially when you dont own anything.


There was no masterplan behind all this. For Jay-Z at least. Prokhorov used him and that was the end of it. Jay was just being a douche that he is by exaggerating the ownership trying hide the fact that he's just a bench player in the business world.

He was on the Letterman prior to the BK relocation where Letterman asked him "Are you still the owner of the Nets?", and he goes "Yeah, even more so."

LOL ***** pl$ease :kobe:

He still owns a % of the arena .02% which is at the least $2mil. He double his money when he took on being involved with the Nets. He won. He profited from all of this. Just do your homework before randomly assuming he did nothing. He even did like 8 sold out shows at the arena which seats more than any other arena in the NBA. Do the math, Jay Z shows not only sell out they cost.

The only person who should be up in arms over him claiming "owner of Nets" is the big Russian. Us little people need to hush up because the dude wins whenever he gets involved in business deals. Didnt have to go to school for that either. Now he's taken on the sports agent thing and has Cano, Cruz aboard with future rookies in his eyesight at this years NBA draft.

AirFederer
04-11-2013, 02:32 PM
http://www.nypost.com/r/nypost/2013/04/11/sports/web_photos/NetsJay-ZBasketball104026--415x415.jpg

Dang, he looks like Ewing`s father. How old is, 95?

StroShow4
04-11-2013, 02:38 PM
Also, does this mean the Nets don't have to play Jay-Z music throughout the entirety of every home game now?

But seriously, they play way too much music.

knickscity
04-11-2013, 03:02 PM
The president did not comminicate with Jay Z (http://www.youtube.com/watch?feature=player_embedded&v=nkAA7F4rsLc)

This can't be real.:lol

StroShow4
04-11-2013, 03:10 PM
The president did not comminicate with Jay Z (http://www.youtube.com/watch?feature=player_embedded&v=nkAA7F4rsLc)

This can't be real.:lol

:oldlol:

ProfessorMurder
04-11-2013, 03:31 PM
$353,333

Which, in comparison, is

1,646%

of Joe Johnson's salary for 2013.

:roll:

I don't think you understand math.

353k vs. 19.7 million is about 1.8% of Joe Johnson's salary.

Sparts Arwell
04-11-2013, 03:53 PM
Too much Jay z. Been sick of always hearing about this guys involvement with the Nets. Isnt he a washed up former gangsta rapper and old man now? The basketball culture is moving away from the gangsta era anyway and the kids drafted now were barely born when Jay Z arrived on the music scene. Who cares about him now. Ive heard this cats music from back in the day. It was pretty good. Ive also heard what he puts out now and its just average and plain, and only released to make more $. Wish hed disappear. Cant figure out why anyone still cares.

Shade8780
04-11-2013, 03:56 PM
Too much Jay z. Been sick of always hearing about this guys involvement with the Nets. Isnt he a washed up former gangsta rapper and old man now? The basketball culture is moving away from the gangsta era anyway and the kids drafted now were barely born when Jay Z arrived on the music scene. Who cares about him now. Ive heard this cats music from back in the day. It was pretty good. Ive also heard what he puts out now and its just average and plain, and only released to make more $. Wish hed disappear. Cant figure out why anyone still cares.
Jigga isn't washed up

Just2McFly
04-11-2013, 04:02 PM
There was no masterplan behind all this. For Jay-Z at least. Prokhorov used him and that was the end of it. Jay was just being a douche that he is by exaggerating the ownership trying hide the fact that he's just a bench player in the business world.

He was on the Letterman prior to the BK relocation where Letterman asked him "Are you still the owner of the Nets?", and he goes "Yeah, even more so."

LOL ***** please :kobe:
the dude opened the new arena with multiple concerts, designed the teams gear/apparel and was marketing face for the team...


how the **** did he get used? if i spend 350k which is whats being thrown around this thread and get all of these money making ventures, then god damn i am HUSTLING

niko
04-11-2013, 04:18 PM
$350,000 more than anyone has here. Cant knock the hustle especially when you dont own anything.



He still owns a % of the arena .02% which is at the least $2mil. He double his money when he took on being involved with the Nets. He won. He profited from all of this. Just do your homework before randomly assuming he did nothing. He even did like 8 sold out shows at the arena which seats more than any other arena in the NBA. Do the math, Jay Z shows not only sell out they cost.

The only person who should be up in arms over him claiming "owner of Nets" is the big Russian. Us little people need to hush up because the dude wins whenever he gets involved in business deals. Didnt have to go to school for that either. Now he's taken on the sports agent thing and has Cano, Cruz aboard with future rookies in his eyesight at this years NBA draft.

When i lived in an apartment i didn't pretend i owned the house. If i did, and someone found out, they'd raise their eyebrows at me sideways because that's what you do when people front like that.

He pretended he owned the house when he was only renting. He lied. And it doesn't matter who you are or what you've done, when you front to make yourself look better and then you get caught in it you look like a douche.

Just2McFly
04-11-2013, 04:23 PM
i didn't know renters owned a percentage of the house...is this a rent to own establishment niko?

2LeTTeRS
04-11-2013, 04:28 PM
When i lived in an apartment i didn't pretend i owned the house. If i did, and someone found out, they'd raise their eyebrows at me sideways because that's what you do when people front like that.

He pretended he owned the house when he was only renting. He lied. And it doesn't matter who you are or what you've done, when you front to make yourself look better and then you get caught in it you look like a douche.

And how did he "pretend he owed more" again?


He still owns a % of the arena .02% which is at the least $2mil. He double his money when he took on being involved with the Nets. He won. He profited from all of this. Just do your homework before randomly assuming he did nothing. He even did like 8 sold out shows at the arena which seats more than any other arena in the NBA. Do the math, Jay Z shows not only sell out they cost.

The only person who should be up in arms over him claiming "owner of Nets" is the big Russian. Us little people need to hush up because the dude wins whenever he gets involved in business deals. Didnt have to go to school for that either. Now he's taken on the sports agent thing and has Cano, Cruz aboard with future rookies in his eyesight at this years NBA draft.

Agree completely.

knickscity
04-11-2013, 04:33 PM
When i lived in an apartment i didn't pretend i owned the house. If i did, and someone found out, they'd raise their eyebrows at me sideways because that's what you do when people front like that.

He pretended he owned the house when he was only renting. He lied. And it doesn't matter who you are or what you've done, when you front to make yourself look better and then you get caught in it you look like a douche.
what kind of analogy is this...jay did own a piece of the house he lived in.

You can debate all day how much his stake is worth, but your analogy is the defintion of frontin'.

Anyone with common sense knows 1 mil can't control something worth over 300 mil.

But he definitely made his money back up countless of ways.

it's time to really stop the hate, Jay-Z is a brilliant dude.

What do you think his 1 mil invested is compared to his 500+ mil estimated worth?

ThatsGame
04-11-2013, 04:37 PM
The guys whose advice Jay-Z takes are the ones who are brilliant. He don't know jack shit, guaranteed.

niko
04-11-2013, 04:41 PM
And how did he "pretend he owed more" again?



Agree completely.

He said he did on talk shows. He was asked how much he owned and if it was nothing and laughed and said he owned more. Do you think this was implying 1/15 of 1 percent at any time? News stories consistently said he owned 1% or more, he never said it's much less. It's much less.

I get how fantastic Jay Z is and i even think this is a very positive move but he wants the $350k to be presented like it's not surprising and that he didn't imply he had more, that's just false.

I don't care who you are, he fronted like he was a bigger owner than he was and he's mad people are commenting on it. He's also made people are saying he's no longer affiiliating himself with the Nets, he's not.

Is it a big deal? NO. But that doesn't mean he didn't front, and i'm not going to say he didn't. He's rich, he bangs Beyonce, he has a craptastic amount of money, and when he does something wrong we need to rationalize it away too? Serious?

knickscity
04-11-2013, 04:42 PM
The guys whose advice Jay-Z takes are the ones who are brilliant. He don't know jack shit, guaranteed.
He knows who to trust with his money.

Definition of brilliance.

niko
04-11-2013, 04:42 PM
what kind of analogy is this...jay did own a piece of the house he lived in.

You can debate all day how much his stake is worth, but your analogy is the defintion of frontin'.

Anyone with common sense knows 1 mil can't control something worth over 300 mil.

But he definitely made his money back up countless of ways.

it's time to really stop the hate, Jay-Z is a brilliant dude.

What do you think his 1 mil invested is compared to his 500+ mil estimated worth?
i don't hate him, he did a smart business move. But he also pretended to be a bigger owner than he was, and he clearly gets that because he's mad at being called for it now. I just don't feel the need to rationalize rich successful people's faults away because they are rich and successful.

Basically he moved away from the nets affiliation to a knicks affiliation via CAA. :cheers: Welcome to the winning team Jay.

knickscity
04-11-2013, 04:44 PM
He said he did on talk shows. He was asked how much he owned and if it was nothing and laughed and said he owned more. Do you think this was implying 1/15 of 1 percent at any time? News stories consistently said he owned 1% or more, he never said it's much less. It's much less.

I get how fantastic Jay Z is and i even think this is a very positive move but he wants the $350k to be presented like it's not surprising and that he didn't imply he had more, that's just false.

I don't care who you are, he fronted like he was a bigger owner than he was and he's mad people are commenting on it. He's also made people are saying he's no longer affiiliating himself with the Nets, he's not.

Is it a big deal? NO. But that doesn't mean he didn't front, and i'm not going to say he didn't. He's rich, he bangs Beyonce, he has a craptastic amount of money, and when he does something wrong we need to rationalize it away too? Serious?
This frontin' dude has folks in the whitehouse been grilled about his dealing with the prsident over a lyric.

:lol

I wish i front like that.

2LeTTeRS
04-11-2013, 04:44 PM
The guys whose advice Jay-Z takes are the ones who are brilliant. He don't know jack shit, guaranteed.

Isn't that the true definition of brilliance? I went to law school for 3 years after doing 4 years undergrad and I would trade any "brilliance" they were trying to impart upon me to have 1/100 of his net worth.

knickscity
04-11-2013, 04:46 PM
i don't hate him, he did a smart business move. But he also pretended to be a bigger owner than he was, and he clearly gets that because he's mad at being called for it now. I just don't feel the need to rationalize rich successful people's faults away because they are rich and successful.

Basically he moved away from the nets affiliation to a knicks affiliation via CAA. :cheers: Welcome to the winning team Jay.
I actually hate the fact that CAA is all over the Knicks.

Only a title will make it right, otherwise the Knicks sold out like a bitch.

niko
04-11-2013, 04:47 PM
This frontin' dude has folks in the whitehouse been grilled about his dealing with the prsident over a lyric.

:lol

I wish i front like that.
Dude is smart, he's dumping a $350k investment and moving it into clearly tens of times that. In doing so it came out that he had a much lower investment than he led people to believe. Which made him look bad for about 2 hours. You want to rationalize away those two hours. Why?

Real Talk, did Jay Z win the Nas beef by being Nas's boss? Does that eliminate the impact of Ether? Because that's a more interesting topic to me.

knickscity
04-11-2013, 04:51 PM
Dude is smart, he's dumping a $350k investment and moving it into clearly tens of times that. In doing so it came out that he had a much lower investment than he led people to believe. Which made him look bad for about 2 hours. You want to rationalize away those two hours. Why?

Real Talk, did Jay Z win the Nas beef by being Nas's boss? Does that eliminate the impact of Ether? Because that's a more interesting topic to me.
They both profited off ether, that's pretty irrelevant imo.

Jay is in a real money game, rapping is a hobby at this point of his life.

Is Nas even worth 20 mil? that's a more interesting topic.

crisoner
04-11-2013, 04:51 PM
Really Jay Z owned part of the team for 350k? Sh*t I want to buy in on a team then!!!!

niko
04-11-2013, 04:52 PM
Isn't that the true definition of brilliance? I went to law school for 3 years after doing 4 years undergrad and I would trade any "brilliance" they were trying to impart upon me to have 1/100 of his net worth.
The impact to me of Jay Z leaving the Nets will be seen in a few years. Right now the Nets are much easier to deal with. Try it...call them and see if you can do something with them. If you're a vendor, trying to organize an event, think you can do business with the Nets. I'm not saying it's easy (you need to be a real business and offer something they can use) but it's possible. They listen. Especially if you are a local business.

Then call the Knicks. That phone call will be long and go nowhere. No one will talk to you, no one will entertain anything. You'll be hard pressed to find the right people to speak to. Yes, i am dissing my home team but their business model is antiquated. They just happen to have a product people suck up like crack. But they rarely do things smartly to grow the product or have change.

That's Jay Z's impact and without it, i wouldn't be surprised to see the Nets move toward the Knicks as they get success because that's how big bloated businesses operate. His business's do not.

It's A VC3!!!
04-11-2013, 04:52 PM
On the investment alone, Jay is losing $750,000 because he did give the Nets $1,000,000 to essentially be just an icon figure. However, over the years he made millions from concerts and publicity with the team. I'm slightly upset that he's leaving, especially just one year into Brooklyn. I think its too soon. He waited nearly a decade for us to move to Brooklyn and he spoke about how elated he is to have the Nets in Brooklyn, then he leaves one year later. That doesn't make sense to me. I understand he is trying to build a new empire, but it still doesn't make sense to me that he left not even one year with the Brooklyn Nets.

GOBB
04-11-2013, 04:54 PM
When i lived in an apartment i didn't pretend i owned the house. If i did, and someone found out, they'd raise their eyebrows at me sideways because that's what you do when people front like that.

He pretended he owned the house when he was only renting. He lied. And it doesn't matter who you are or what you've done, when you front to make yourself look better and then you get caught in it you look like a douche.

Terrible terrible analogy. But I get what point your trying to make. That you along with others assumed his % in ownership was bigger than it actually was when revealed. And the $350,000 or so referenced makes you scratch your head. I too was a bit surprised at what % he had and walked away with. Expected more. Nowhere near majority or a significant %. I knew he his shares wasnt great. But the way he talked he did make some assume he had a nice chunk.

dannywpt
04-11-2013, 04:56 PM
I don't think you understand math.

353k vs. 19.7 million is about 1.8% of Joe Johnson's salary.

I don't think you understand that 2012 is not 2013, professor. The fact that you actually checked the math in order to correct me and failed has me in tears. :roll:

knickscity
04-11-2013, 04:58 PM
Terrible terrible analogy. But I get what point your trying to make. That you along with others assumed his % in ownership was bigger than it actually was when revealed. And the $350,000 or so referenced makes you scratch your head. I too was a bit surprised at what % he had and walked away with. Expected more. Nowhere near majority or a significant %. I knew he his shares wasnt great. But the way he talked he did make some assume he had a nice chunk.
That's probably what he wanted people to know.

Successful business mena never tell where their true dollars come from.

Just like his stake in the Barclays, he never mentions that, and probably didn't pay a cent to get it.

These guys are making ventures like this to lose money, he bankrolling off this, with much higher yields than any investment average folks like me could return.

2LeTTeRS
04-11-2013, 05:00 PM
On the investment alone, Jay is losing $750,000 because he did give the Nets $1,000,000 to essentially be just an icon figure. However, over the years he made millions from concerts and publicity with the team. I'm slightly upset that he's leaving, especially just one year into Brooklyn. I think its too soon. He waited nearly a decade for us to move to Brooklyn and he spoke about how elated he is to have the Nets in Brooklyn, then he leaves one year later. That doesn't make sense to me. I understand he is trying to build a new empire, but it still doesn't make sense to me that he left not even one year with the Brooklyn Nets.

You realize that the only way he could have lost money on this investment would have been for him to not receive any money when his ownership stake was reduced from one-third of 1% to one-fifteenth of 1%? I can guarantee you he didn't just give Mikhail those shares for free.

On top of that now the team is much more valuable than it was before the move during the previous CBA you can almost guarantee that he will make even more of a profit when he unloads his remaining stock.

GOBB
04-11-2013, 05:02 PM
On the investment alone, Jay is losing $750,000 because he did give the Nets $1,000,000 to essentially be just an icon figure. However, over the years he made millions from concerts and publicity with the team. I'm slightly upset that he's leaving, especially just one year into Brooklyn. I think its too soon. He waited nearly a decade for us to move to Brooklyn and he spoke about how elated he is to have the Nets in Brooklyn, then he leaves one year later. That doesn't make sense to me. I understand he is trying to build a new empire, but it still doesn't make sense to me that he left not even one year with the Brooklyn Nets.

He has .02% stake in the arena. He lost NOTHING. Then you say he made millions over the years from concerts and publicity with the team yet are confused why he left after only one year. You lost me with that what are you even talkin about? :confusedshrug:



The guys whose advice Jay-Z takes are the ones who are brilliant. He don't know jack shit, guaranteed.

Yeah Jay Z is a dumb businessman. Credit others for his success. :rolleyes:

Stop trying to discredit dude and taking advice, having people you can lean on for good advice is now a knock? A bad thing? Talk about hate. I'm not even a Jay Z fan either. But when I look at his career from rapper to having phone convos with the president? When I look at how much he is worth? You cant knock his hustle. He has no college education. There are people who go to school for years and this guy didnt. He pimps and hustles everything he is involved with.

Jay Z must be the dumbest mofo to be worth $350mil or whatever it is now.

Sparts Arwell
04-11-2013, 05:02 PM
On the investment alone, Jay is losing $750,000 because he did give the Nets $1,000,000 to essentially be just an icon figure. However, over the years he made millions from concerts and publicity with the team. I'm slightly upset that he's leaving, especially just one year into Brooklyn. I think its too soon. He waited nearly a decade for us to move to Brooklyn and he spoke about how elated he is to have the Nets in Brooklyn, then he leaves one year later. That doesn't make sense to me. I understand he is trying to build a new empire, but it still doesn't make sense to me that he left not even one year with the Brooklyn Nets.


I still don't understand what the appeal would be of having Jay Z as an agent. There are guys who have been working as agents their whole lives and have extensive track records of getting great deals for their clients. It very well may be Jay Z is a good negotiator, I just don't see why anyone with millions on the line would take such a risk as to hitch their wagon to him. He has no actual experience. Most guys who become agents already went to law school, interned under other agents, and have been in the field for years.

Then again wasn't Michael Crabtree once represented by MC Hammer?

I swear, young black men are too easily influenced by the sway of glamorous, gaudy musicians. We need a bigger diversity of role models :(

Thechosen1
04-11-2013, 05:04 PM
camel face needs to go back to his cage

GOBB
04-11-2013, 05:05 PM
Jay Z was the executive producer of nba2k13 and the movie Great Gatsby soundtrack that features the mega star Leonardo DiCaprio. The guy wins. Its offtopic I know but I had to point it out. The guy knows how to get money.

It's A VC3!!!
04-11-2013, 05:07 PM
I still don't understand what the appeal would be of having Jay Z as an agent. There are guys who have been working as agents their whole lives and have extensive track records of getting great deals for their clients. It very well may be Jay Z is a good negotiator, I just don't see why anyone with millions on the line would take such a risk as to hitch their wagon to him. He has no actual experience. Most guys who become agents already went to law school, interned under other agents, and have been in the field for years.

Then again wasn't Michael Crabtree once represented by MC Hammer?

I swear, young black men are too easily influenced by the sway of glamorous, gaudy musicians. We need a bigger diversity of role models :(
Jay Z has 100x more connections and appeal than any other agent in the market. He can use his influence in pop culture to get his players endorsements, and larger contracts. In addition, players would likely have to pay a bigger percent of their salary to have Jay Z as their agent then they would if "Average Joe" was their agent. He knows a lot of players would love to partner with him and to have him act as their representative. In the end, this is a business that Jay wants to make tens of millions off of. Potentially even more.

Sparts Arwell
04-11-2013, 05:09 PM
But when I look at his career from rapper to having phone convos with the president?


Let's be honest. If the President weren't black Jay Z wouldnt even be able to get on the phone with the secretary of state. Or the secretary of state's secretary.

Obama likes to publicly acknowledge his blackness from time to time to keep favor with the voters. I don't think he otherwise cares what a rapper with a silly nickname thinks about conflict at the gaza strip.

I like Mr. Obama but I do think he sometimes spends too much time being an "celebrity" himself rather than leveling with the people and focusing on the tough topics at hand.

Sparts Arwell
04-11-2013, 05:12 PM
Jay Z has 100x more connections and appeal than any other agent in the market. He can use his influence in pop culture to get his players endorsements, and larger contracts. In addition, players would likely have to pay a bigger percent of their salary to have Jay Z as their agent then they would if "Average Joe" was their agent. He knows a lot of players would love to partner with him and to have him act as their representative. In the end, this is a business that Jay wants to make tens of millions off of. Potentially even more.


Well those are fair points. Maybe it's just the old man in me that wonders why the younger generation is still willing to eat up whatever this guy serves on a platter, while history is passing by The Temptations, Stevie Wonder, and all those other cats who were great musicians.

But hey if there's still a big demand for everything Shawn Carter, then I can't blame the fella for capitalizing!

It's A VC3!!!
04-11-2013, 05:13 PM
To clarify, when I say Jay lost solely on the investment, here is what I mean.

He was approached by Bruce Ratner to be apart of the Brooklyn Nets solely as a brand icon. Jay Z put $1,000,000 into the Nets at that time. His vested one million dollars were obviously not an appropriate valuation of the company but rather just a toss-in to be apart of the team as a global icon and visionary for the future. Now, when Jay Z sells his portion of the Nets, his 1/15 of one percent, he will get $353,000. Which is almost $750,000 less then he put in. Obviously he made millions off the Nets, but I was speaking solely on the vested one million dollars.

knickscity
04-11-2013, 05:14 PM
Jay Z must be the dumbest mofo to be worth $350mil or whatever it is now.
jay is worth over 500 mil at the moment...

He married someone who's worth 350.:lol

he's such a dum dum.:lol

knickscity
04-11-2013, 05:18 PM
Let's be honest. If the President weren't black Jay Z wouldnt even be able to get on the phone with the secretary of state. Or the secretary of state's secretary.

Obama likes to publicly acknowledge his blackness from time to time to keep favor with the voters. I don't think he otherwise cares what a rapper with a silly nickname thinks about conflict at the gaza strip.

I like Mr. Obama but I do think he sometimes spends too much time being an "celebrity" himself rather than leveling with the people and focusing on the tough topics at hand.
This is so off topic, all the presidents have their flaws.

Jay-Z is the black Bill Gates.

GOBB
04-11-2013, 05:19 PM
Let's be honest. If the President weren't black Jay Z wouldnt even be able to get on the phone with the secretary of state. Or the secretary of state's secretary.

Stop trying to discredit the man. Who else has a close relationship with the president that is a rapper? You sit there and google it. Or you can use your brain for once and realize the answer. You kids kill me trying to counter his moves.

"Only reason he sold out the concert and made that much money is because 1. people are stupid 2. he overprices tickets. :confusedshrug: "

Cut it out. Few entertainers, celebs are cool with the president of the united states. Fact. Lets deal with those


Obama likes to publicly acknowledge his blackness from time to time to keep favor with the voters. I don't think he otherwise cares what a rapper with a silly nickname thinks about conflict at the gaza strip.

You're ASSumption.

Scholar
04-11-2013, 05:21 PM
So... Looks like Kanye West couldn't have gotten Kris Humphries kicked off the team after all, huh?

It's A VC3!!!
04-11-2013, 05:21 PM
This is so off topic, all the presidents have their flaws.

Jay-Z is the black Bill Gates.
There is no black Bill Gates. Gates has an estimate net worth of $67 B. He's given tens of billions for research and other global studies and still has enough money to lay hundred dollar bills on the floor and aim at Jupiter and still reach it. I don't know of any African-American worth $67 B. Do you?:lol

knickscity
04-11-2013, 05:23 PM
There is no black Bill Gates. Gates has an estimate net worth of $67 B. He's given tens of billions for research and other global studies and still has enough money to lay hundred dollar bills on the floor and aim at Jupiter and still reach it. I don't know of any African-American worth $67 B. Do you?:lol
I'm sorry the analogy went above you.

It's A VC3!!!
04-11-2013, 05:25 PM
I'm sorry the analogy went above you.
I was joking but researched something interesting.

According to the 2012 Forbes Billionaire List, Nigerian business magnate Aliko Dangote with a net worth of $11.2 billion is the world's richest black person. The other Black billionaires on the 2012 list are Nigeria's Mike Adenuga with $4.3 billion, South African gold magnate Patrice Motsepe with $2.7 billion, and American Oprah Winfrey at $2.7 billion.

Shepseskaf
04-11-2013, 05:28 PM
Let's be honest. If the President weren't black Jay Z wouldnt even be able to get on the phone with the secretary of state. Or the secretary of state's secretary.
This isn't true. Jay has been cool with Clinton for a while. He's like Russell Simmons -- a token for the powerful to hang around with to look cool.

As to the main thread theme, Jay profited and the Nets profited. Bottom line.

NumberSix
04-11-2013, 05:32 PM
Ok, now that jayz is gone, can the nets get rid of their embarrassingly generic branding/jerseys?