Jason Kidd to buy part of Jay-Z’s share of Nets


jason-kidd-coach-nets-orlando-summer-league

In a span of less than two weeks Jason Kidd went from player to coach.  Now the future hall of fame point guard can add owner to his resume as well.

According to a report by ESPN.com’s Darren Rovell Brooklyn Nets head coach Jason Kidd is buying a portion of Jay-Z’s minority share of the team.

Kidd’s stake in the team’s ownership would be very small, as the total value is said to be around $500,000, and represents one-sixth of one percent ownership of the Brooklyn based franchise.

Before Jason Kidd officially becomes a minority owner of the Nets, the NBA League office must approve the transaction.

 

Tags: Brooklyn Nets FanSided Featured Jason Kidd Jay-Z Nets NetsDaily Popular Si.com Sports Illustrated

Comments are closed.