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#pounditThursday, August 13, 2020

Report: Jay-Z will soon become part owner of NFL team

Jay Z Pitt Duke

Jay-Z’s recent partnership with the NFL apparently was just the antecedent to something much bigger.

Jay-Z will soon become a part owner of an NFL team, according to a report published by TMZ on Friday.

TMZ’s source did not know which team Jay-Z would take an ownership stake in, nor when it would happen, though they were told it will happen in the “near future.”

Jay-Z, real name Shawn Carter, became famous thanks to his rap career, which he parlayed into a career as a successful businessman. The 49-year-old is a global icon and has a reported net worth over $1 billion.

Jay-Z has previous experience as an owner of a professional sports team. He was a part owner of the Brooklyn Nets but sold his share in the team in 2013 when he launched Roc Nation Sports, a sports agency, due to a conflict of interest.

The rapper has been involved in NFL headlines over the past few years. He reportedly turned down an invitation to perform at the Super Bowl halftime show two years ago, reportedly over his belief Colin Kaepernick was being blackballed.

On Tuesday, the NFL announced a partnership with Jay-Z.

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