More is being revealed and according to sources Jay-Z will become part owner of a team and have “significant ownership interest.”
Which team? That has not been revealed yet.
Will this cause a conflict of interest since Roc Nation manages some NFL athletes? The answer is no because he is not an NFL agent and does not take part in the operations of the NFL players on Roc Nation.
He was once a minority owner of the Brooklyn Nets until he sold his stake in 2013.
Many thought Jay-Z’s partnership had to do with a halftime performance. Does the rumors of ownership make more sense as to why he would partner with the NFL?
It will also make Jay-z the first black person to become a team owner in NFL history.
It also raises the question of if we will see the return of Colin Kaepernick?
Kaepernick’s former teammate and best friend Eric Reid, was completely against the idea.
“Jay-Z claimed to be a supporter of Colin, he wore his Jersey, he told people not to perform at the Super Bowl because of the treatment the NFL did to Colin, and now he’s going to be a part-owner,” said Reid, smiling and shaking his head. “He’s sounding despicable.”
“I mean, Jay did once say he was a “Black Republican”—he should fit right in with his new homies, then.”
How do you feel about Jay-Z becoming a NFL owner?