Why Jay-Z's Nets Investment Makes Sense, Fines Included

Jay-Z's Nets deal is fine.

On Friday afternoon, ESPN reported that the NBA has decided to fine Jay-Z and the New Jersey Nets $50,000 for the rapper and part-owner's appearance in the Kentucky locker room shortly after the Wildcats clinched a spot in the NCAA tournament's Final Four.

Even if Jay-Z has to pay that fine out of his own pocket, though, his investment in the Nets has been a worthwhile one.

That may come as a surprise to some, given the Nets' recent struggles on the court and the...

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Published on April 09, 2011 10:07
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Zack O'Malley Greenburg's Blog

Zack O'Malley Greenburg
Zack O'Malley Greenburg—a Jay-Z biographer and former Forbes editor—writes on the intersection of music, media and money. ...more
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