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Jay-Z is Selling His Share in the Brooklyn Nets to Focus on Roc Nation Sports

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Apr. 23 2013, Published 8:02 a.m. ET

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Jay-Z posted on his website last Thursday that he is selling his share in the Brooklyn Nets to focus on Roc Nation Sports. “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,” he wrote. “My job as an owner is over but as a fan it has just begun. I’m a Brooklyn Net forever.” Jay-Z will still be involved as his Rocawear store and 40/40 Club will remain in the Net’s arena.

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