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Reports: Jay Z Cuts Ties With Longtime Business Partner

(AllHipHop News) As Jay Z prepares to hit the road with his wife Beyoncé for the “On The Run” tour, there are reports the Hip Hop mogul may be making that trek without another close member of his inner circle. The New York Daily News reports that Jay and longtime manager John Meneilly have parted ways.

[ALSO READ: Jay Z No Longer Pursuing Extortion Charges Against Former Engineer]

One source revealed to the publication that the split was “amicable and mutual,” while a separate source claims it was not Meneilly’s choice to break from Jay. The decision was apparently made several months ago.

The former Provident Financial executive has reportedly helped navigate the Brooklyn emcee’s business moves for years including the unprecedented Magna Carta Holy Grail Samsung deal last year. Meneilly was also an instrumental player at Jay’s Roc Nation.

[ALSO READ: Jay Z Opens 40/40 Club In Atlanta’s Hartsfield-Jackson Airport]

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