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Jay-Z Respectfully Leaves the Brooklyn Nets Ownership + Writes a Short Letter

Jay-Z Leaves The Brooklyn Nets
Ronald Martinez, Getty Images

The Boston Marathon bombings have been priority news and rightfully so.  A big story that has been eclipsed by the terrorist act is Jay-Z respectfully leaving the Brooklyn Nets ownership.  The Brooklyn native wrote a short but well put letter explaining his departure.

Jigga will pursue a career in representing professional athletes instead of keeping his ownership in the NBA franchise, Brooklyn Nets. By NBA rule, no one can have ownership of a franchise and represent professional athletes.  This makes sense and doesn’t seem to bother anyone in the sports world.

Hov signed Robinson Cano of the New York Yankees to Roc Nation Sports which seemed to come out of no where.  It also seems as if Victor Cruz will sign with Roc Nation Sports due to a close relationship with Mr. Carter.

Today we get the letter in which Hov expressed his gratitude to the Nets organization and fans.  Check it out according to ConcreteLoop,

Being a member of the Nets organization surpassed some of my greatest ambitions. It was never about an investment; it was about the NETS and Brooklyn. My job as an owner is over but as a fan it has just begun. I’m a Brooklyn Net forever. It’s been an honor to work with Mikhail Prokhorov, Dmitry Razumov, Christophe Charlier, ONEXIM Sports and Entertainment, Brett Yormark and all the wonderful people involved in making the Nets first class. My sincerest thanks goes to Bruce Ratner, who first introduced the idea of moving the Nets to Brooklyn. A thank you and deepest appreciation goes to the fans. You are the lifeblood of any team.

The Nets have made their mark on the NBA and as they enter a new era, Roc Nation does as well; as we embark on Roc Nation Sports. Our newest endeavor is committed to building the brands of professional athletes as we have done for some of today’s top music artists. For Roc Nation Sports to function at its full potential, NBA rules stipulate that I relinquish my ownership in the Brooklyn Nets. It was a tough decision but as I stated earlier, it’s not about ownership. Congratulations to The Nets on a great season and making the playoffs! I will always be a Brooklyn Net.

It seems like the mystic of Jay-Z continues with his venture in representing professional athletes.  After reading the letter from Jigga, do you think he’s sincerely in his departure or pulling a fast one? Leave your response below in the comment section.

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