Jay-Z owned less than 0.1% of the Nets. This is a fact and it was first published by the NY Times. He fabricated that he owned more than that, but the reality is that he didn't.
you all are forgetting about al haymon. so you combine floyds money with al's money and al's business acumen and there you have it. I'm sure it's not an outright buy by these 2 but more of an investment group purchase. more power to them if they can do it. for the haters - most folks that own a team never deal in the day to day operations of the team. they pay folks to do the work. so its the old saying - let your money work for you.
Typically he'd buy in with a group of invetsors. It's not at all farfetched esp with haymon, Schafer and others on his telephone list. U guys shouldn't underestimate them.
this dude was broke and cant even pay his garbage guy less than a year after hatton fight.. he's bragging about 88 cars and you expect him to have the money to buy the clippers team..
this guy is like donald trump bragging about money he doesnt have.. sure he got few millions but that's it.. i highly doubt he even got $20 million in his bank account..
Your probably right Ellerbee and Haymon probably have all him money in addition to the black mail fee he has to pay for hidden drug test results
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