Jay Z To Receive $1.5 Million From Selling Barclays Center Stake

Jay Z received his first lesson in not having his cake and eat it too.

According to Forbes, the “Pound Cake” rapper is set to get $1.5 million for his stake in the Barclays Center. The Brooklyn native has already begun cashing out his minority stake in the Brooklyn Nets to its new co-owner/ head coach Jason Kidd.

Still, there’s no shortage of bread for Hov. Beyonce’s hubby launched his own sports agency, Roc Nation Sports, with a roster of a-lister clientele including New York Giants wide receiver Victor Cruz, Oklahoma Thunder forward Kevin Durant, and and Tulsa Shock’s Skylar Diggins.

Read on at VIBE Vixen.

Tags: Jay-Z, News