Photo Credit: Kevin Mazur/Getty Images for Roc Nation
Update: It's Now Disputed if JAY-Z Will Become Part Owner of an NFL Team
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.
JAY-Zwill become part-owner of an NFL team, according to a new report from TMZ.
READ: JAY-Z & Roc Nation Have Aligned Themselves with the NFL — But At What Cost?
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."
READ: JAY-Z Joins Entertainment and Social Justice Partnership With 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.
Since the news came out, the reaction has been divisive, with many mentioning the fact that Colin Kaepernick still can't get a job with an NFL team.