11 Updates
Jay-Z to sell stake in Brooklyn Nets

Jay-Z to sell stake in Brooklyn Nets

Sep 4 2013, 5:42am CDT | by Bang Showbiz

Jay Z is selling his stake in the Brooklyn Nets basketball team for $500,000. The rap superstar has a minority share in the club - estimated to be .067 per cent - which he has decided to sell to...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Jay-Z to sell stake in Brooklyn Nets

Sep 4 2013, 5:42am CDT | by Bang Showbiz

Jay Z is selling his stake in the Brooklyn Nets basketball team for $500,000.

The rap superstar has a minority share in the club - estimated to be .067 per cent - which he has decided to sell to coach Jason Kidd, according to the New York Post newspaper.

Jay had to get rid of his share after starting his own sports agency, Roc Nation, which began signing up players such as New York Yankees baseball star Robinson Cano and Oklahoma City basketball player Kevin Durant, leading to his two business ventures being deemed a conflict of interests.

A source said: "Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him."

The 'Holy Grail' rapper first got involved with the Nets - previously known as the New Jersey Nets - in 2003 after Drew Katz, the son of one of the Nets' principal owners, introduced him to the board on the advice of Kidd.

Although Jay has a small share he was heavily involved in the running of the club and even helped design the team logos and choose the Nets' stark black-and-white colour scheme, which had initially been objected to by the NBA.

Russian billionaire Mikhail Prokhorov bought 80 per cent ownership of the team in 2009 and was keen to use the hip-hop mogul to promote the Nets, even featuring in a series of billboard posters with him.

Kidd - who previously played as a point guard for the Nets - signed on as coach in June.

Source: Bang Showbiz

 
Update
11

4 hours ago

“Law & Order: SVU” To Air Episode Inspired By Jay Z/Solange & Ray Rice Elevator Scandals (VIDEO)

Oct 1 2014 8:25am CDT | Source: All HipHop

(AllHipHop News) Law & Order: SVU is known for taking real news headlines and turning them into story lines. The NBC program famously did an episode inspired by the Chris Brown-Rihanna relationship in 2013, and SVU’s new season includes a show about an elevator footage scandal similar to the Jay Z/Solange and Ray Rice incidents. [ALSO READ: Beyonce and Jay Z Release First Public Statement About Elev ...
Source: All HipHop   Full article at: All HipHop
 

 
Update
10

4 hours ago

Ailee Takes a Photo with Beyoncé’s Producer Shea Taylor, American Debut in the Works

Oct 1 2014 7:45am CDT | Source: Oh No They Didn't!

Solo artist Ailee has attracted immense interest after sharing a photo taken together with famous producer Shea Taylor.On October 1, her agency left a message on their official Twitter, saying, “Ailee and Shea Taylor, the producer of world stars Beyoncé and Ne-Yo! It was a great session!”In the picture, Shea Taylor and Ailee are smiling brightly as they pose for the camera in a friendly manner. It appears the ...
Source: Oh No They Didn't!   Full article at: Oh No They Didn't!
 

 
Update
9

1 day ago

DJ Mustard – “Where I’m From” (Documentary)

Sep 29 2014 1:12pm CDT | Source: All HipHop

“Jay-Z’s Life+Times and Vitamin Water present the next episode of the new documentary series “Where I’m From”. This episode follows Los Angeles DJ and producer, DJ Mustard, detailing the success of Rack City and having to hustle by staying up all night to develop his production to continue releasing more hits. He discusses how his uncle inspired him to be a DJ, and taught him through doing house and yard work that you have to work for what you want”. Filed und ...
Source: All HipHop   Full article at: All HipHop
 

 
Update
8

3 days ago

Beyonce Lets Boobs Breathe Performing With Jay-Z At Global Citizens Concert “Holy Grail & Forever Young” [Video]

Sep 28 2014 7:01am CDT | Source: Bossip.com

Despite the On The Run Tour being over, Jay-Z and Beyonce joined forces for a few songs during the Global Citizens Concert ...
Source: Bossip.com   Full article at: Bossip.com
 

 
Update
7

5 days ago

Denzel Washington Does Jay-Z Impersonation On Queen Latifah Show [Video]

Sep 26 2014 6:29am CDT | Source: Bossip.com

Denzel Washington talks about growing up at the Boys & Girls Club with Ludacris’ dad Wayne Bridges, and then how Jay-Z invited him into the studio to listen to one of his tracks. “Yea D, I’m gonna play this for you D.” Turn the pages for ...
Source: Bossip.com   Full article at: Bossip.com
 

 
Update
5

5 days ago

Hip-Hop Rumors: HBO On The Run Special Numbers Are In

Sep 25 2014 2:49pm CDT | Source: All HipHop

The reviews of the HBO On The Run Tour special were great, but the number of viewers were not so hot. The special, which aired on September 23rd, brought in less than one million viewers, around 880,000 to be exact, according to TV by the Numbers. The special was beat out by reruns of the Big Bang Theory, which brought in 2,790,000 viewers, which also means the couple’s special also fell short of making the ...
Source: All HipHop   Full article at: All HipHop
 

 
Update
4

5 days ago

Wale Talks Not Getting The Recognition Of Kendrick & Drake, Leaving Roc Nation + “Album About Nothing” (VIDEO)

Sep 25 2014 1:45pm CDT | Source: All HipHop

(AllHipHop News) Wale had a lot happen in his career over the last several months. He had an unfortunate public riff with fellow Maybach Music Group member Meek Mill, he left Jay Z’s Roc Nation for new management, and he began prepping the upcoming release of his The Album About Nothing. The “LoveHate Thing” emcee visited The Breakfast Club to discuss those topics and more. [ALSO READ: Wale Leaves Jay Z’s Roc Nation For Team B ...
Source: All HipHop   Full article at: All HipHop
 

 
Update
3

6 days ago

Saturday Cable Ratings: College Football Leads Night + 'SportsCenter', 'Attack on Titan' ... (Amanda Kondolojy/TVbytheNumbers)

Sep 24 2014 2:15pm CDT | Source: WeSmirch.com

Amanda Kondolojy / TVbytheNumbers: Saturday Cable Ratings: College Football Leads Night + ‘SportsCenter’, ‘Attack on Titan’, ‘SpongeBob SquarePants’, ‘Beyonce & Jay-Z: On the Run’ & More  —  College Football (Oregon/Washington State) was the highest rated cable original o ...
Source: WeSmirch.com   Full article at: WeSmirch.com
 

 
Update
2

1 week ago

Beyonce's HBO special is a ratings FLOP ......

Sep 24 2014 9:45am CDT | Source: Oh No They Didn't!

Beyonce and Jay-Z's MUCH hyped HBO concert special was a ratings FLOP on Saturday night. The special drew UNDER 900,000 viewers and didn't even make the Top 20 cable shows of the evening .....FULL ratings and demos after the cut College Football (Oregon/Washington State) was the highest rated cable original on Saturday with a 1.2 adults 18-49 rating. Attack on Titan was the top non-sports original, earning 0.6, down from last week's 0.7 adults 18-49 rating.The list below is t ...
Source: Oh No They Didn't!   Full article at: Oh No They Didn't!
 

 
Update
1

1 week ago

Top Earning Hip Hop Stars

Sep 24 2014 6:24am CDT | Source: Houston's Hot Hits

Forbes has put together its list of the top earning Hip Hop Stars. 1. Dr. Dre, $620 million . . . Apple’s $3 billion Beats buyout not only put him at #1 2. A tie between Jay-Z and Diddy, both with $60 million 4. Drake, $33 million 5. Macklemore & Ryan Lewis, $32 million 6. Kanye West, $30 million 7. Birdman, $24 million . . . He’s more of an executive than a rapper. He runs Cash Money, the home of Lil Wayne, Drake and Nicki Minaj. 8. Lil Wayne, $23 mill ...
Source: Houston's Hot Hits   Full article at: Houston's Hot Hits
 

 
 

blog comments powered by Disqus

Latest stories

Taylor Swift not thinking about dating
Taylor Swift not thinking about dating
Taylor Swift has revealed she is not looking for a boyfriend because dating is the ''last thing'' on her mind at the moment.
 
 
Victoria Beckham saves dress for daughter
Victoria Beckham saves dress for daughter
Victoria Beckham couldn't bear to part with the dress she wore on her first date with now-husband David when she staged a mass clear-out of her clothes recently.
 
 
Lindsay Lohan wants kids
Lindsay Lohan wants kids
Lindsay Lohan is ready to fall in love, settle down and have children.
 
 
Snooki: Labour was agony
Snooki: Labour was agony
Nicole 'Snooki' Polizzi claims she was ''literally dying'' in labour and is in awe of women who give birth without pain relief.
 
 
 

Latest from the Network

Taylor Swift not thinking about dating
Taylor Swift insists dating is the ''last thing'' on her mind. The 24-year-old singer - who has previously been in relationships with Harry Styles, Joe Jonas, John Mayer and Jake Gyllenhaal - admits she isn't looking...
Read more on Celebrity Balla
 
Victoria Beckham saves dress for daughter
Victoria Beckham has saved the dress she wore on her first date with husband David to hand down to their daughter. The former Spice Girls singer - who has Brooklyn, 15, Romeo, 12, Cruz, nine, and Harper, three, with the...
Read more on Celebrity Balla
 
Lindsay Lohan wants kids
Lindsay Lohan is ready to have children. The 28-year-old actress - who is currently starring in 'Speed-the-Plow' on London's West End - has a few professional goals she wants to achieve but is also keen to settle down...
Read more on Celebrity Balla
 
Snooki: Labour was agony
Nicole 'Snooki' Polizzi claims she was ''literally dying'' in labour. The former 'Jersey Shore' star and fiance Jionni LaValle welcomed second child Giovanna into the world last week and was relieved to arrive at...
Read more on Celebrity Balla
 
Isla Fisher is pregnant
Isla Fisher is reportedly pregnant. The 'Confessions of a Shopaholic' star and husband Sacha Baron Cohen are said to be expecting their third child together and the actress is already through her first trimester. A...
Read more on Celebrity Balla
 
Australian PM labels burqa 'confronting form of attire'
Canberra, Oct 1 (IANS) Australia's parliament approved tough new counter-terrorism laws Wednesday but cross-party support for the measures was accompanied a spat over the wearing of burqas. The opposition Labour...
Read more on Politics Balla
 
Ashwini fails to defend women's 440m hurdles title
Incheon, Oct 1 (IANS) India's Ashwini Akkunji failed to defend her women's 400 metres hurdles title as she finished fourth and out of medal contention in the final of the Asian Games here Wednesday. Ashwini, who had...
Read more on Sport Balla
 
Over 1,100 killed in Iraq violence in September
Baghdad, Oct 1 (IANS) A total of 1,119 Iraqis were killed and 1,946 injured in terror attacks and violence in September in Iraq, the UN Assistance Mission for Iraq (UNAMI) said Wednesday. It said 854 civilians and 265...
Read more on Politics Balla
 
Annu Rani wins women's javelin bronze
Incheon, Oct 1 (IANS) India's Annu Rani clinched the women's javelin throw bronze at the Asian Games here Wednesday. The gold and silver went to China's Zhang Li and Li Lingwei, respectively, at the Incheon Asiad Main...
Read more on Sport Balla
 
Pick the perfect coat for autumn-winter 2014
London, Oct 1 (IANS) Cold weather is descending upon us and it's time to pick the best piece from various options available in the market. From military inspired styles to aviator ones, one can try many trends, but the...
Read more on Celebrity Balla