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Jay-Z Confirms He’s Out: ‘I will Always Be a Brooklyn Net’

He already put out a song addressing his exit from the Brooklyn Nets’ ownership group, and now Jay-Z has penned a letter to explain what’s next . Per Jigga’s website Life + Times : “Being a member of the Nets organization surpassed some of my greatest ambitions. It was never about an investment; it was about the NETS and Brooklyn. My job as an owner is over but as a fan it has just begun. I’m a Brooklyn Net forever. It’s been an honor to work with Mikhail Prokhorov, Dmitry Razumov, Christophe Charlier, ONEXIM Sports and Entertainment, Brett Yormark and all the wonderful people involved in making the Nets first class. My sincerest thanks goes to Bruce Ratner, who first introduced the idea of moving the Nets to Brooklyn. A thank you and deepest appreciation goes to the fans. You are the lifeblood of any team. The Nets have made their mark on the NBA and as they enter a new era, Roc Nation does as well; as we embark on Roc Nation Sports. Our newest endeavor is committed to building the brands of professional athletes as we have done for some of today’s top music artists. For Roc Nation Sports to function at its full potential, NBA rules stipulate that I relinquish my ownership in the Brooklyn Nets. It was a tough decision but as I stated earlier, it’s not about ownership. Congratulations to The Nets on a great season and making the playoffs! I will always be a Brooklyn Net.”

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Jay-Z Confirms He’s Out: ‘I will Always Be a Brooklyn Net’

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Posted by on Apr 19 2013. Filed under Slam Online. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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