(AllHipHop News) Five days ago, TMZ ran an article which claimed Shawn "Jay-Z" Carter would have "significant ownership interest" in an NFL team very soon. The story was based on anonymous sources, and it did not provide any details about which franchise Carter would control or when he would join the ownership ranks.
There is now a contradicting report about the topic. According to CBS Sports, the "TMZ-reported rumor is simply false, that there are no plans in place for the rap legend to become an NFL owner."
"Those kinds of deals don't exist in the NFL," stated an "ownership-level" source. The individual added that the entertainment and social justice partnership between the league and Roc Nation was not linked to Jay becoming an owner. "There is no ownership component to this arrangement."
Separate sources connected to Jay's Roc Nation and the NFL told CBS there is an effort to find out how the erroneous information was circulated in the media. While Carter is apparently not currently set to own a football team, there is potential for the Brooklyn-bred mogul to be part of an ownership group in the future.
In order to be an owner, Jay would still have to be vetted and approved by the league. Plus, the Roc Nation Sports agency founder would have to divest himself from the company, an important detail TMZ incorrectly claimed would not be an issue.
Jay-Z was also accused of telling his "Money Ain't a Thang" collaborator Jermaine Dupri to turn down a Super Bowl LIII deal with the National Football League. However, JD denied that Jay made that suggestion during a recent interview with V-103.