Jay-Z Reportedly Not Set To Become An NFL Owner As Part Of Roc Nation/NFL Deal

"There is no ownership component to this arrangement."

(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.

Comments (8)
ZUBU
ZUBU

People we all know that Jay has a billion in gross worth, but that is not nearly enough to become an NFL owner. You have to have billions to become an owner; you need more than enough to purchase the team, then you have to have liquid operating capital on top of that. Now possibly he could become part of an ownership group... Oh my bad I forgot he was part of an ownership group in fact the Brooklyn Nets where he owned 1/16th. of 1%. The Russian dude owned the team though Jay boasted on records that he was the owner and many of you less informed believed him... They used Jay to garner support for the team locating and building an arena in Crooklyn, much like the NFL is using him now... Wake up people smell the coffee... SMH...