Nets' Ben Simmons booed as Sixers spoil his Philadelphia return

By Divya

November 23,2022

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Jay-Z reportedly bought 1% of the Nets for $4.5 million. If you listen to enough Roc Nation songs, you could think Jay-Z owns the Nets.

Does Jay-Z own Nets?

Jay-Z opened Barclays Center. He sold his Nets investment in 2013 to launch Roc Nation Sports.

Does Jay-Z own the Nets still?

Irving was suspended after tweeting a link to an antisemitic documentary and refusing to apologise.

What did Kyrie Irving get suspended for?

Jay-Z, aka Sean Carter, owned a small stake in the Nets from 2003 to 2013, when he sold to avoid a conflict of interest as a player agent.

How long did Jay-Z own the Nets?

The Brooklyn Nets are valued $750 million, 150% more than Bruce Ratner paid in 2004 and double what Mikhail Prokhorov paid in 2010.

How much did Jay-Z sell his share of the Brooklyn Nets for?

11 May 2010: NBA approves Prokhorov's 80% Nets stake. He bought 45% of Barclays Center. First non-Native NBA owner.

Does a Russian own an NBA team?

Jay-investment Z's in the team wasn't as large as imagined. Forbes said Jay-Z owns 0.066% of the Nets, worth $350,000.

How much of the Nets does Jay own?