With Sports Venture, Jay-Z Sets Yet Another Precedent For Success

It was one of the biggest sports stories of 2012. With a small yet controversial minority ownership stake in the Brooklyn Nets, Jay-Z helped transformed a franchise beleaguered by disinterest and perennial mediocrity into worldwide acclaim. Suggested Reading The Ever-Growing List of Lawsuits Against Sean ‘Diddy’ Combs Take a Look Inside Michael Jordan’s Former Chicago-Area…

It was one of the biggest sports stories of 2012. With a small yet controversial minority ownership stake in the Brooklyn Nets, Jay-Z helped transformed a franchise beleaguered by disinterest and perennial mediocrity into worldwide acclaim.

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Trump’s Tariffs Might Stick Around. What Should We Buy Now?
Trump’s Tariffs Might Stick Around. What Should We Buy Now?

โ€œJay-Zโ€™s Influence on the Nets Eclipses His Ownership Stake ,โ€ read a headline in the New York Times dated August 15, weeks before the Nets played their first game in the new Barclays Center.

You could have easily guessed that Jay-Z wasnโ€™t going to stop there. And yet, with his announcement that heโ€™ll represent Robinson Cano โ€” perhaps the best player on the Yankees โ€” in a new deal with CAA and Roc Nation Sports, he has broken another barrier in becoming what Steve Forbes called, โ€œone of the most extraordinary entrepreneurs of our era.โ€

Photo Credit: NYTimes.com

Read More: http://www.blackenterprise.com/business/show-you-how-to-do-this-with-sports-venture-jay-z-sets-yet-another-precedent-for-success/

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