Report: Jason Kidd to Buy Jay-Zís Share of the Brooklyn Nets
Jason Kidd is not only going to be the newest head coach of the Brooklyn Nets, but the newest minority share owner of the Brooklyn Nets. Kidd is reportedly buying all of Jay Z’s .161 percent of the team, which is worth $500,000 or he may be buying half of Jay Z's share.
Either way, the uniqueness of this story comes from the fact that it was Kidd who first persuaded Jay-Z to become a minority share owner of the then New Jersey Nets in Jay-Z’s 40/40 Club ten years ago.
Now, Kidd may become the coach and a minority owner of the team that he once led to the NBA Finals two years in a row. If you’re a Brooklyn Nets fan, this has to give you a lot of encouragement because Jason Kidd is not only here for the short term, but he is fully invested in this team's greatness.