Message Board Basketball Forum - InsideHoops

Message Board Basketball Forum - InsideHoops (http://www.insidehoops.com/forum/index.php)
-   Brooklyn Nets Forum (http://www.insidehoops.com/forum/forumdisplay.php?f=12)
-   -   How much of the Nets does Jay-Z own? 1/15 of one percent (http://www.insidehoops.com/forum/showthread.php?t=276706)

insidehoops 09-14-2012 12:36 PM

How much of the Nets does Jay-Z own? 1/15 of one percent
 
What percentage of the Nets does Jay-Z own?

Answer: 1/15 of one percent, per multiple media outlets.

Way less than people thought

Duderonomy 09-14-2012 01:37 PM

Re: How much of the Nets does Jay-Z own? 1/15 of one percent
 
Quote:

few weeks back in the New York Times, a pretty revealing piece was released on Jay-Z that had to do with how well the rapper/mogul maximized his minimal investment in the Brooklyn Nets. Among the facts revealed was that the $1 million investment Jay-Z orginialy gave to the Nets amounts to just one-fifteenth of one percent of the franchise

something doesn't add up here.

1mil x 15 = 15mil= 1%. 15 mil x 100 = $1.5 billion :biggums:
Not even the Lakers are worth that much.

gigantes 09-14-2012 06:29 PM

Re: How much of the Nets does Jay-Z own? 1/15 of one percent
 
we all knew his stake was really small- the actual picayune numbers don't make much difference IMO.

clearly a guy whose net worth is $20 billion brought him on as a cheerleader and public figure, not because prokhy couldn't find a puny one million dollars that particular day. :oldlol:


All times are GMT -4. The time now is 02:10 AM.

Powered by vBulletin Version 3.5.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd. Terms of Use/Service | Privacy Policy