The partnership between JAY-Z, Roc Nation and the NFL has an additional benefit to Hov that we are just learning about.
TMZ is reporting JAY-Z will soon be announced as a co-owner of an NFL team.
What team has yet to be disclosed.
JAY-Z famously owned one and a half percent of the Brooklyn Nets, but sold his share in 2013 because Roc Nation wanted to get into player representation and the NBA had rules against agents owning teams.
NFL has different rules, and the league doesn’t consider JAY an agent because “he doesn’t take part in the operations of the NFL players in Roc Nation.”
News of JAY becoming a part owner of a NFL franchise comes on the heels of Roc Nation’s partnership with the league. Earlier in the week, JAY held a press conference about the deal with NFL Commissioner Roger Goodell and fielded questions concerning Colin Kaepernick. “I’m not his boss,” JAY said when asked about the quarterback and if he would be involved with the partnership. “I can’t just bring him into something. That’s for him to say.”
