Jay Z to Get $1.5 Million for Selling Barclays Center Stock | BlackSportsOnline

Jay Z Set to Sell His Stake in Barclays Center for $1.5 Million

by Robert Littal | Posted on Tuesday, September 17th, 2013
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Jay Z Diving Meme 7

Hov already pocketed $500k for selling his shares of the Nets to Jason Kidd and he is about to get a little more for unloading his stake in the Barclays Center.

Jay-Z owns slightly less than one-fifth of one percent of the Barclay Center. New York City recently appraised the Barclays Center–based on its potential income–to be worth $741 million. That works out to about $1.5 million for Jay-Z’s stake.

It is really amazing how Jay Z turned a small stake in the arena and team into big time marketing deals for himself and now a budding Sports Agency.

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