From The New York Times
When you look at Jay-Z’s involvement with the Brooklyn Nets, you would think he holds a huge stake in the team.
But the Brooklyn native known as Shawn Carter only owns a scant one-fifteenth of one percent of the team.
That’s a low number.
But despite that number, Jay-Z’s influence on the team through advertisements, jersey design decisions and branding is huge.
He has essentially rewritten the playbook for a celebrity owner.
Read more at The New York Times