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(AllHipHop News) The NY Post is reporting that Jay-Z, who is already a minority investor in the Brooklyn Nets and their new home, the Barclays Center in Brooklyn, New York, has been named director of the Barclays Arena firm.

Shawn “Jay-Z” Carter, who recently helped design and debut the new logo and line of apparel and gear for the Brooklyn Nets, is now listed as director for the company that runs the Barclays Center, Brooklyn Arena LLC.

“The new title emerged in papers filed by arena developer Forest City Ratner Cos. in its bid to secure a liquor license for the future home of the Brooklyn Nets,” according to the Post. “As one of seven directors, the rapper and music mogul will attend board meetings and help direct arena senior staff on daily operations, Barclays Center officials confirmed today.”

The Post states that “Jay-Z is listed as an arena director along with Forest City CEO Bruce Ratner, David Berliner, Mary Anne Gilmartin, Christophe Charlier, Irina Pavlova, and David Carlock. Pavlova is Nets majority owner Mikhail Prokhorov’s right-hand woman in the United States and president of his Onexim Sports and Entertainment Holding USA, Inc. The Russian oligarch Prokhorov owns 80 percent of the Nets and also has a 45 percent share in the arena.”

The new title comes several days after news broke that Jay-Z plans to open a brand new 40/40 Club in the arena later this year. The rapper, entertainer and all-around business man is also planning to officially open the Barcalys Center on September 28 with a headlining concert.

For the full story visits NY Post.