Thursday, August 16, 2012

Jay-Z owns less than 1 percent of the New Jersey Nets !? Says the New York Times !




#AMPtv got the word that the NY Times just released a TERRIBLE new report, saying that Jay Z owns virtually NONE of the New Jersey Nets. Jay Z has been BRAGGING for a long time about "owning" the Nets. But, according to the Times, Jigga's interest in the team amounts to one fifteenth of ONE PERCENT of the team, or less than $200,000. (The team is valued at about $300M)


Here is what they report:

All told, [Jay Z] has achieved a remarkable feat of leverage with his tiny sliver of the team, which was reduced from one-third to one-fifteenth of a percent upon Mr. Prokhorov’s purchase of the Nets, according to people aware of the deal terms.

You see, this is why BILLIONAIRES stay winning. JIGGA GOT SHITTED ON !

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