Update: According to a report from CBS Sports, there is no plan for JAY-Z to become part-owner of an NFL team.
However, the report does stress that it doesn’t mean it can’t happen in the future. But, as of now, there is nothing written that says Jay will be part owner of a team.
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I’m not a businessman. I’m a business, man.
The site says they talked to people close to Jay, who said the legendary rapper will have a “significant ownership interest” in an NFL team. It has not been revealed what team Jay will be part owner of.
The source also said Jay wants to be part owner “because he’s a huge fan, already has a sports business and wants to continue to be a change agent for the NFL.”
What might make this complicated is his ownership stake in Roc Nation Sports. But, according to the source, “Jay is not an NFL agent and does not take part in the operations of the NFL players in Roc Nation.”
On Tuesday, it was announced that Roc Nation and the NFL entered in a partnership together. Roc Nation will reportedly help the league in the social-justice arena, as well as produce Super Bowl events.