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-   -   Jay Z to sell piece of Nets ownership to Jason Kidd (http://www.insidehoops.com/forum/showthread.php?t=311876)

insidehoops 09-04-2013 04:05 AM

Jay Z to sell piece of Nets ownership 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.

-- NY Post


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