Dr. Cornel West Encourages Jay-Z To Be Honest About His Stake In Brooklyn Nets

Dr. Cornel West speaks on how Jay-Z should be completely honest about how much of the team he actually owns.

There's been some speculation that Jay-Z doesn't own as much of the Brooklyn Nets as he lets on, with some stating that he only holds a stake of one-fifteenth of one percent. Dr. Cornel West, who has been friends with Hov for some time, recently spoke on the 

"Jay-Z came from the Marcy projects, but look at him now. He owns the whole - no, he owns one-fifteenth of one percent of the whole stadium. Let's get it right, now," he said. "They got a Russian gangster who owns 80 percent."

He said that Jay should be held accountable for how much he actually owns of the team and that he's only encouraging him to be honest "out of love."

"Now I love Jay-Z, I've spent much time with the brother. He's a lyrical genius. But we've got to tell him the truth," he said. "Tell the truth, Jay-Z. You tell the truth on Reasonable Doubt in 1996, that's what he started out with. He's telling the truth, we love you negro. But we gon' make sure you're accountable too. All of us in this together, and I'm saying it out of love."

Watch the video below (via JoyDailyTV).

RELATED: Dr. Cornel West Arrested At Supreme Court Protest

169 Comments

  • Tiara

    After reading these comments, niggas are on here defending Jay-Z as if he would put money or food on your table lol. Dr. West is just keeping it real, something us niggas hate to hear sometime. Not out of disrespect, but he's simply stating Jay-Z should just keep it real because the image he's potraying to the urban crowd is he has this and that with the Brooklyn Nets-which is not true. Now I like Jay-Z but sometimes I think he lives in a fantasy land in which anything he does can come off as like yes I own that or yes, I have that. Food for thought, his wife makes more money then him-so if anything she's the one that could say what he's saying lol.

  • tnc

    wow that's deep. So I did the math that means he only owns .067% Well he betterkeep making records.

  • Anonymous

    he has nothing to talk about

  • Camaro434

    Michael Jordan didn't own Nike but look how much money it made him. Cornel, you are starting to become like Al Sharpton and Jesse Jackson to us. Of all the important issues to address you call out Jay-Z on some bullshit? And then try to do it with that slick "I love you, brother" bullshit? Dr. West, I love you negro, but you need to shut the fuck up.

  • klipper

    article and comments are telling and pathetic. jay z wants to brand his goods hand over fist, and apparently we love him for it, while we can barely afford to eat and live in this city, we are just so proud and happy to hand over our money to Jay Z, who is essentially a modern day "real" Mickey Mouse. Ratner is playing us all, and we just glop it all up! But shit the language on here is wacked.

  • klipper

    article and comments are telling and pathetic. jay z wants to brand his goods hand over fist, and apparently we love him for it, while we can barely afford to eat and live in this city, we are just so proud and happy to hand over our money to Jay Z, who is essentially a modern day "real" Mickey Mouse. Ratner is playing us all, and we just glop it all up!

  • klipper

    Cornel, of all the things you could question Jay Z about, the ownership is the least of it. How about the urban renewal, eminent domain, bank thirsty, money grubbing, corruption that took place in order for him to own .00000001% of the Nets. Of all people you should consider that more than being honest about what percentage. You have seriously lost your way. You were so close to uncovering the real bs, and you took the lamest route. Shame on you both.

  • Nuh Uhh

    Dr. Cornel "Waffle Colored" West lost me on this one. Dr. West is getting rather thirsty these days. There is absolutely NO NEED for Jay-Z to speak on his percentage. Sure Mr. Jay "Men Lie Women Lie Numbers Don't"-Z brags about his wealth and talks numbers, however him disclosing his percent of ownership is a non value add discussion. I make zero difference. Jay-Z is still richer than all of use and continue to build his worth. Therefore the amount of the Nets he owns is a MOOT POINT! Besides, to have any part of ownership of your hometown's NBA team is a watershed moment. No one else in hiphop, and quite possibly in entertainment, can say that. NEXT!

  • LOL

    LOL FUCK DIS NIGGA BACK TO THE MUSIK!

  • dam

    after reading these comments. Its alot of lost niggas on these boards.

  • DeathToWhitePeople

    Fuck this cracker. Why this white guy calling Hova negro??

  • SCHWARZ

    that Russian guy isn't going to be the one who brings people into the arena. He has the money, but Jay has the name. The credibility with the younger demographic the Russian guy needs. +++++++++++++++++ RECIPE 4 DISASTER A GOOD COMPETITIVE TEAM FILLS SEATS & CREATES CONSECUTIVE SELLOUT STREAKS NOT AN VESTED INTEREST ENDORSER THE GREAT MICHEAL JORDAN CAN'T SELL OUT HIS TEAM'S ARENA & HE HAS THE NAME CREDIBILITY AND CONTROLLING OWNERSHIP JAY COMES INTO PLAY WHEN THERE AREN'T 41 HOME GAMES ON THE SCHEDULE VIA ROC NATION/LIVE NATION SO BARCLAY'S CAN COMPETE WITH MADISON SQUARE GARDEN

  • Anonymous

    what fucking business man is going to run around promoting how LITTLE his stake is in a company? You niggas in here are not made for this. Thus you shall remain BROKE.

  • SMH

    Niggas at the BET awards fighting eachother EVERY YEAR and West got a problem Jay Z? Where they do that at?

  • SMH

    JAY Z GET THE MONEY AND SHIT ON THESE CRABS. Black man's been fucked over for hundreds of years and these so called "black brothers" bugging the fuck out on a nigga because he didn't put ALL his shit on front street. FOR WHAT DR. WEST???? If Jay did breakdown what he was doing how many of these dumb ass niggas would comprehend it? Fall back.

  • Anonymous

    "Kanye rapping about how he would have made Jay drop K Humphries from the team as if he had any decision making power" That was his ego talking.

  • Anonymous

    "that Russian guy" Assuming he has a name that Russian guy isn't going to be the one who brings people into the arena. He has the money, but Jay has the name. The credibility with the younger demographic the Russian guy needs. Believe me, if this was just about money and Jay knew he was only getting a small share of the team, he wouldn't waste his time. It's merely a means for him to expand some of his other ventures. It's smart business. Only problem is the Brooklyn Nets suck.

  • Anonymous

    The moral of the story is the powers that be got d stans n the dumb folks by the balls, all they gotto do is pay Jay an endorsement fee and watch you all jump on the bandwagon with illusions of inspiration by Jay. LMAO +++++++++++++ WORD IS BOND THAT KOOLAID WILL WEAR OFF WHEN Y'ALL DROP 500 AT THE ARENA WISHIN U CAN C JAY & WATCH HOW BAD THE TEAM REALLY IS

    • Tbones

      @Anonymous, its crazy the kind of zombie characteristics people exhibit in this world. Niggas been hoodwinked without even knowing it.

  • Fuck Dr. Cornel & His Family

    "We love you negro" LOL

  • Fuck Marcy

    "Jay Z hasn't told anyone he "owns the Nets"." The problem is, he ACTS like he owns the Nets, and he never said the real percentage.

  • Darius Beck

    Lmao it doesn't matter how much of the team Jay owns. Jay is the face of that franchise. More ppl buy those damn tickets because of him than they do to see that team. He's the voice behind everything. They have a 40/40 club and and a Rocawear store in the stadium...he's about to make bank. Don't knock him...praise him. He's likely one of the smallest stakeholders and has as much say so as that Russian guy.

    • Anonymous

      If you are going to a game to see Jay, eat at the 40/40 club and buy Rocawear clothing then you LOST ALREADY. You are the SHEEPLE they are targeting with all of this marketing. When do you fit in actually bring a Net fan?

    • Anonymous

      "that russian guy" No "that Russian" guy funded the stadium being built, the players salaries, and much more jigga cant touch - coming from a mild Jay Z fan.

  • The Critic

    Jay-z is a fucking fake! In the late 90's to early 00's when Jay-z was battling every rapper for the "King of New York" position every rapper from Nas to DMX said that he was starting to sell out. He was getting funding from an unknown means(Rockefellers) , contract deals, and radio air play then any other rapper alive. I'm sure you dick riding fags have tried everything in your power to forget all of this.

  • Bradzuk

    I really dont understand this at all. Jay Z hasn't told anyone he "owns the Nets". It's quite well known that Mikhail Prokhorov owns the nets. Jay Z has simply worked out a very lucrative deal in which he gets to be the face of the franchise. A quick google search yields all of that information, so I don't get why we need to berate Jay Z about honesty. What he has achieved should only be commendable considering the circumstances of his life. He is one of the greatest rappers and an even greater business man. A truly brilliant mind who has gone out and accomplished real things. Dr. West, as always, your opinion holds significant philosophical and academic weight... but you are otherwise meaningless in this world.

  • sun_god7

    It's strategic for these local teams to now have a hiphop artist pay a small percentage to market the the whole stadium. It boosts the myth that our Black artists like to fake and the real owners don't have to pay for a hiphop face when hiphop is willing to buy itself in. Jay gets alot out of this. Concerts, venues to push his Roc Nation artists, a team that could have the best record for basketball in NY. Jay don't have to say anything to Cornel because Cornel ain't a movement. Just another celebrity talkin on the sidelines.

  • NY777

    Why doesnt JAYZ tell the truth about anything?? Admit you are a SATANIC ILLUMINATI PUPPET!!!!

  • Vincent X

    Ayo...I didn't get the point Cornel West was trying to make. I didn't get it...If a brother (Jay-Z) who don't even have a GED owns 1% of a mom and pop store, I'm personally happy for the brother. But truthfully, I'm not surprised...he's white-folks new attack dog...First Obama now Jay-Z...Cornel West...PitBullSambo Straw hat azz niqqa.

  • TheIVth

    Cornell West is a fuckin hater. He was hating on Barack a while back and now he hating on Jay Z. This dude wants to be a star and tries to tear down other black men that are in the limelight, since he can't or doesn't know how to shine like they do. It's nothing I hate more than to see a black man try to unjustifiably discredit or tear down another black man in the media

    • atlaaaaaaaaanta

      Hey ignorant negro... TheIVth..... cornell west is a DOCTOR... not like DR DRE,,, he's a REAL DOCTOR... Its the ignorant idiots like you who give black men like me a bad name... I bet you never even read an entire book that wasnt written by SUPERHEAD!!! GTFOH

  • joocemoney

    WTF is this?!!!!! Seriously sometimes you can buy with money and sometimes you buy with leverage. That was the best 1M Jay ever spent. He gets a 40/40 in the arena, his ad agency with Steve Stout has the contract, he still makes money off of Rocawear which got placement in the arena, he got an executive suite and get gets a very small percentage of all the income generated by the Nets and the arena itself. What the hell does Cornell West want from him? Why is he concerned about this grown man's ownership stake. He made that little milli back in 8 shows already so one thing black folks have to learn how to do is leverage!!!! Magic Johnson put up 50 million of a 2.1 billion dollar purchase so he only owns 2.5 percent and I don't see anyone challenging Magic about his ownership. Black Men = New Haters Of Self. Get your money and business right and leave that Man alon

    • Curt McGirt

      Good points all around. I can stand or understand why a man feels the need to count whats in the next man's pockets. Thats what hoes do. Jay is solidifying all of his brands around a bigger brand which he has a small ownership in. He can still invest more into the team to increase his stake but we all have to realize we are still talking about the damn Nets people. If they dont win games they may not bring the $$$$ in like they expect.

  • tbones

    Listen dumb folks, you all prolly still believing like the powers that be want yall to that Jay owns the following; (A) Defjam, very laughable, he was just an appointee just like Joie Manda is at the moment. (B) Brooklyn Net, only dumb stans n ignoramuses believed this in d first place. (C)Budweisers Made in America festival headlined by Jay has turned into Jays made in America festival. (D) D Usse cognac by Bacardi and cosigned by Jay has turned into Jays new venture, just as ace of spades. LMAO. I can go on about the foolery but i know the smart ones get ma drift.

    • Tbones

      @Anonymous, these sheeps dont get it, nobody is knocking Jay for making his money in watever ways, the knock is on the simpletons that think Jay owns all these things and are quick to throw it in ur face when discussing who the best rapper is as if it has anything to do with artistry.

    • Anonymous

      nah tbones is right, thats the genius of Jay Z. making all of us think hes more than hes worth.....which is still more than I'd make in 100 lifetimes but hes right on the fucking point.

    • Vincent X

      Hate'n azz niqqaz....that sad yo. I big him up cuz homez in the corporate offices and he don't even have a high school diploma. I guess the 300 million thing is fake to...

  • tbones

    Cosignee @ the few people that have not been hoodwinked by all the facade. Dumb fans and even peeps that should know like Trevor Nelson thinks Jay actually owns the Nets when it doesnt require a rocket science to see that hes just a pawn/brand being used by big boys to market a wack team that has not made the playoffs in a long time and wont make it any time soon. The sad thing is yall dumb folks are prolly gonna get poorer by being sheeps and following blindly while the big boys and Jay albeit a pawn will continue to get rich. U got a nigga like Kanye rapping about how he can make Jay drop K Humphries even though jay does not have any say in d running of the team.

  • Youngindy21

    Any REAL NBA fan knows that Mikhail Prokhorov is the REAL owner. I don't know if this is any of Cornel West's business but Jay-Z does mislead people when talking about the Nets. If he had a decent size stake he would be more involved in the free agency process.

    • Anonymous

      Yet how much you wanna bet Jay is indirectly in the free agency process? Think about it. All he has to do is invite a few players to a restaurant or club. VIP treatment. Maybe pay some women to pretend to like them, and then at the end of the night casually suggest they sign with the Nets.

  • Tbones

    Cosignee @ the few people that have not been hoodwinked by all the facade. Dumb fans and even peeps that should know like Trevor Nelson thinks Jay actually owns the Nets when it doesnt require a rocket science to see that hes just a pawn/brand being used by big boys to market a wack team that has not made the playoffs in a long time and wont make it any time soon. The sad thing is yall dumb folks are prolly gonna get poorer by being sheeps and following blindly while the big boys and Jay albeit a pawn will continue to get rich. U got a nigga like Kanye rapping about how he can make Jay drop K Humphries even though jay does not have any say in d running of the team. Listen dumb folks, you all prolly still believing like the powers that be want yall to that Jay owns the following; (A) Defjam, very laughable, he was just an appointee just like Joie Manda is at the moment. (B) Brooklyn Net, only dumb stans n ignoramuses believed this in d first place. (C)Budweisers Made in America festival headlined by Jay has turned into Jays made in America festival. (D) D Usse cognac by Bacardi and cosigned by Jay has turned into Jays new venture, just as ace of spades. LMAO. I can go on about the foolery but i know the smart ones get ma drift. The moral of the story is the powers that be got d stans n the dumb folks by the balls, all they gotto do is pay Jay an endorsement fee and watch you all jump on the bandwagon with illusions of inspiration by Jay. LMAO

    • Tbones

      Peeps like Jocomoney are the simpletons the corporate niggas be targeting cos they know the move like zombies. Nothing I posted is hating, its just fact that peeps lik u just dont like to hear cos u cant disprove it. Jay is getting his money but he aint own none of those ventures, nothing wrong with that. However the problem is with peeps like u spewing ignorance abt how he owns Defjam, Ace of spades, D' Usse, Budweiser made in america festival etc whenever it is time to discuss d best hip hop artists. Lol @ Kanye rapping about how he would have made Jay drop K Humphries from the team as if he had any decision making power. Last time I checked, K Humphires signed a new multi-year deal. LMAO

    • joocmoney

      you are an idiot. Let me see you make 500m off of illusions fool. This nigga put in work and now he is in a space where that easy money is starting to come but even the live nation deal for 150m he had to go to work. Stop hating and learn something about business sap. Wall st is all about perception and speculation or as you would call it illusions lol you simple my dude

  • reel2reeltalk

    A simpleton looks at the apparent or surface of things while the wise see everything. Dr. West is doing the job he is paid to do by bringing focus to the surface and only the surface - for the simple minded. Dr. West is bought and paid for. If he were a true threat to the elite (and not in bed with them) he would have been targeted and eliminated.

  • reel2reeltalk

    @Anonymous (who replied to my post): I like to style what I write to be witty - otherwise it would go over a lot of heads. However, you presented a challenge so I will respond. To answer your question simply; no it does not matter. I will elaborate. At the beginning of the last century "modern' science discovered (what the ancients have know since the beginning of time) this material reality does not exist in the manner our senses perceive it. The greater aspect of the study is known as Quantum Physics. Which is the study of Quanta or the smallest building block of matter or subatomic particles. A more recent portion of the study is Holography - your little brain is not ready for that. Let's keep it simple: thought has a definite impact on matter. Now refer to the Bible - God and the word...and the being made in his image aspect. I can keep going but I think I've made my point. Now you can contend with your ignorance what the ancients knew and what has been scientifically proven in modern times during the course of thousands of experiments if you like. However, your insulate tone won't be tolerated again.

  • crabwest

    100% of nothing is still nothing.

  • 900Ksold

    He is far too smart to say shit this dumb in public!!! no shit he does not own the fuckin Nets BUT 1/15 of 1%???!!!??? come on where do you back that with facts? You can't we all know that # is bullshit.. have you ever seen an small time share owner of a franchise make so many critical moves with a sports franchise? Do you see the Williams sisters breaking ground for a new stadium in Miami? Helping design the logo? Do you see Nelly doing anything for the Bobcats to help further their brand???

    • Anonymous

      1/15 of 1% came from a well informed article in the NY Times. BRUCE RATNER had shares in Net ownership AND the Atlantic Rail Yards where the arena stands today.

    • joocemoney

      Exactly homie, I don't get niggas hating on this man and his moves. That was a heck of an investment!! Broke asses want to sit around and talk about his ownership and they don't even own a stock, one single stock in the barclays which is only 14.00 a share. Barclays is a bank if yall dumb broke asses didn't know and this thing is so much bigger than basket ball

    • blkviper

      I totally agree, even if Jay-z owned just a box in the stadium, was he instumental in bringing a team aka nuch needed jobs to his town?! what was the point of him trying to tear down a young black man who made good. what a damn shame.

  • Anonymous

    dr cornhole can suck my ballz though

  • Up North

    Dr. West has a hidden agenda. Don't demand that Jay tell the "truth" about some shit and let these other fakes off without saying anything about their authenticity. Come on with the bullshit.

  • Anonymous

    ummm he spoke the truth...how does it feel to ride dick faggots? fuck jay-z and fuck what hip hop has become today..

  • blkviper

    Man I used to have Mad love for Dr.west, but he has gone way way off the rails the last 10yrs. I remember how he used to have the white media sweating when it came to black issues and how they were being ignored. now he's turned into a crab. him and tavis pulling Obama down now he's after Jay, so it seems as long as a nigga is struggling he's cool with them because he has someone to save, but when they are flying, it's like he's saying who gave this negro permission to fly, it's time for us to put our old civil rights relics on the shelf and give them high praise for what they did but tell them they are out of touch with us today.

  • oli

    Aint this the same nigger running around with travis smilley hating on Obama???i I call him nigger casue he aint my nigga...

  • mase

    another coon nigger turned crabs in a barrel...who gives a fuck how much he owns..his brand is all through that arena and the team, as long as he gettin a check...

  • craigfer

    Maybe Jay is not allowed to tell and some kind penaltly might happen ha?

  • Anonymous

    WTF is going on here. Nobody is denying Jay doesn't have money, he has more money than a large percentage of america. It's a critique of the false image that he's portraying to his onlookers, like the asshurt people in this comment section.

  • CROOKLYN

    CORNEL WEST KEPT IT 100 & IS 100% RIGHT DONT HATE FUCKING DICK RIDERS ALMOST DIED WHEN I SAW HOW PPL WAS ACTING A FOOL WHEN HOV RIDE THE R TRAIN TO THE BARCLAY >>>>>>>>>> I SWEAR BEING STAR STRUCK THATS THE WORST THING TO BE CAUSE IT REPRESENT LACK OF INTELLIGENCE & WEAKNESS, PLL NEED TO UNDERSTAND GVE PPL WHAT THEY DESERVE THERE PROPS THERE RESPECT DONT GET AHEAD OF URSELF & JOCKING & RIDING THE NIGGA FLOAT OMG GTFOH

  • Oldmangetyourhandsoutofhispocket

    Crab in a barrel. It's still a precedent that for hip hop that went from bragging about driving a big long caddy not like a seville to actually understanding the mechanics of the under/over world, granted.

  • Anonymous

    jay is the mascot not the owner. he made them a sick logo though like the creativity it took to come up with a basketball. god damn the man is a genius

  • Anonymous

    Is this news? He always has been just part of an ownership group. I think it's a smart move to have him playing a big part in the image and marketing of the new Nets brand.

    • Anonymous

      Exactly. Plus HOV got numerous businesses INSIDE of the Barclays. So not only does he make money at the door, his other entities are facilitated for a discounted expense. Be Honest?? Be Honest bout what???!! He does own the Brooklyn Nets along with some other corporate titans. He aint gota broadcast that tho, He dont owe nobody nothin. **fck u if u gon harp on my usage of triple negative**

  • Anonymous

    This guy needs to mind his fuckin business. It's nobodies business how much money Jay z got in the Nets.

    • fart man

      actually that is everyone's business since they used eminent domain to build that piece of crap. But, you know long as jay has his dough.

    • Che

      agree with poster above me*

    • Che

      yeah i agree. this reminds me of how rick ross fans backed him up during the co thing. keep it real, Jay. You're the face of the nets..I'm sure you see a couple of extra dollars from promoting this basketball team. But keep it real with the public. this is why Nas is my favorite, he always keeps it 100.

    • Anonymous

      its is when he tells us and lies...

  • Man Enough Already

    People think Jay doesn't care about his own people. That's ALL this is about. Because Jay doesn't turn into a Dr. King all of a sudden. Jay is doing what he knows West. You preach, let Jay build and hire his people. You act like Jay isn't CONSTANTLY doing philanthropic work. Which he and Beyonce DO!

    • CROOKLYN

      BULL ISSH JAY A REAL FUCK BOY NOT A ROC BOY I QOUTE HE'S GREAT AT DOING BIG THNG FOR OTHER PEOPLE IN FAR FAR AWAY AREA BUT WHEN IT COME TO MARCY PROJECT TO BEDFORDSTUYVERSANT BKLYN THAT LITERALLY MADE THIS NEGRO UR BOY HOV CONSIDER THIS A GIVE BCACK TO THE HOOD : ITS A FACT HOV PULL A NENO BROWN MOVE & GAVE OUT TURKEY IN MARCY PROJECT WITH BEYONCE, BROUGHT OPRAH TO MARCY PROJECT TO LITERALLY SHOW BOAT & PROBABY ONE MORE I CANT REMEMBER & THATS IT THIS HOV COULD OF BEEN THE DR.KING & AS THE POWER TO BE ONE THAT THE COMMNITY NEED SO MUCH BUT NO LET HOV NOT PROVIDE RECREATION CENTERS FOR KIDS MORE YOUTH SPORT PROGRAM BUILT BETTER SCHOOLS LIKE CHARTER SCHOOL FOR ALL MARCY KIDS CREATE MORE SUMMER CAMPS ETC FOR THE KIDS TO HAVE SOMETHING TO LOOK FORWARD TOO BESIDE GANG BANGIN DRUG DEALING BUT NOOOO EVERYTHING HAV TO BE ABOUT HOV HOW CORNY IS THAT HE'S THE ONLY HOPE FOR MARCY FOR A BETTER FUTURE MTFER HOV COULD OF OWN MARCY &CHANGED IT NOTHING IS IMPOSSIBLE

    • Anonymous

      wtf are YOU talking about?

  • Anonymous

    Jay Z paid next to nothing to get that small percent for you ignorant niggas information. He has a GREAT deal with the Russian. You think they brought Jay Z in because he had the money??? DO YOU? No dummies, his persona and his connection to Brooklyn is his real value. Grow up.

    • joocemoney

      Thank You! I was starting to get scared that all these niggas on here were retarded. Magic Johnson put up 50m of 2.1 billion but he had 6 investors calling him because they wanted his persona. Jay is a business and whats sad is these idiots calling people who support success dick riders. These are the same clowns that think Zuckerberg is broke because facebook stock went down lol

    • Mu

      ^^^Exactly. Finally, a perspective that doesn't sound like it came from a 17 year old.

  • Anonymous

    Are you niggas happy that Jay doesn't own the entire franchise? Does that make you feel better about yourself now? Miss me with this bitch made jealousy shit. Knowing how much he owns doesn't change anybody's life. Fucking losers.

  • Anonymous

    "Do you say Justin Timberlake owns the Grizzlies?" Sadly, he wants to perform Dead and Gone before every home game.

  • Anonymous

    "I don't recall Jay every saying "I own the Nets" ^ you ain't listening...even this... "now look at me I can I park in my own arena"-3 Kings Jay went from owning the team to owning the arena too. There are ARCHIVES of many of YOU saying "Jay owns the Nets", "Jay bought the team back to his neighborhood". And when YOU state "1/15th is better than zero", you have NO REPLY when it is pointed out that Serena, Venus, J-Lo and Marc Anthony own a similar percentage with the Miami Dolphins. Do you say THEY own the team? Do you say Justin Timberlake owns the Grizzlies? You don't say Magic owns the Dodgers, you say he is the face of the executives. Why not the same for Jay? He loses no credibility being the spokesperson maximizing his investment.

  • Drew

    This guy Cornell West swear he's the most intelligent nigga out, but all he does is critisize President Obama and Jay-z. You would think that someone who is also black and in the public eye would respect other successful black people. I swear old niggaz just want attention.

  • MikeSe

    No matter what Jay-z is still going to get people out to Barclay, even if it's only one5th of the team. And as someone else said, he never claimed to own the team. That is no ones business other than the people involved.

  • Anonymous

    "your point is moot" My point took a #2 on your point.

  • Sir Kones

    I don't recall Jay every saying "I own the Nets". He is very involved, obviously, and every dumb motherfucker out there thinking "he owns the team" thats on them. When did he say he owned it? And what's wrong with him wanting it to be successful. At the end of the day it is good for the area and good for him. He may only own 1/15 of 1% but he sure as f*ck owns 40/40 club rights....right? He sure as f*ck designed the logo and getting paid for that right? WTF is this dude on about?

  • blind_ignorance

    I'm a fan of Jay Z but all you ignorant fools spouting that "get your hands out of my pocket" trash are missing Dr. West's point. By claiming ownership of the Nets Jay-Z misrepresents them as a black-owned company, when they are in fact owned by a Russian billionaire. He also claims to have brought Brooklyn the Nets. None of this claptrap is even true. My question is how a bunch of nitwit fan boys have construed this as Dr. West trying to get in Jay Z's pocket? But if ya'll want to believe a bunch of puffed up phony bragging g'head and keep dickriding.

    • stillmissingit

      Ok, Jay Z is supposed to be a role model and if you think he doesn't overstate his ownership in the Nets to make himself APPEAR larger than he is you're foolish. The point is when these celebrities exaggerate their accomplishments it is damaging to the people that look up to them when they are ultimately exposed as frauds. So yeah, if you're in a position to elevate an entire group of people, you should definately lie and exaggerate as much about yourself as possible. That's what Malcolm, Martin, Bobby Seale and dudes like that did right?

    • Anonymous

      So what? What are you getting at? That people shouldn't support businesses owned by Russian Billionares? That Jay-Z shouldn't want people to love the Nets because he don't own that much of them? What is your POINT? He ain't bragging, he wants it to be successful cuz it is something he loves and I'm sure he's making bank too. The owners are not the only ones who stand to gain in any business deal, silly.

    • Anonymous

      The Brooklyn Nets is a marketing ploy, and Jay-Z was a huge factor in that. He is making money for the team by sponsoring it, and when he says he owns it it's meant to make it more interesting for fan boys.

  • Anonymous

    "Get your hands out my pocket"

  • CaptainSpauldingNephew

    Were is the beginning of this discussion at.You have to watch these blogs sites now. There has to be a reason, that lead up to Mr. West talking about JAY-Z and his percentage of the nets. People need to stay out of each other pockets. Worry about your percentage on the things YOU own.

  • milehighkid303

    I like what dude said. And here's my two cents....as long as Jay ain't LYING about owning the team....who cares? 50 didn't get a total of $400m off that Vitamin Water deal....he got a %, people who get SERIOUSLY butt hurt over these cats money, need to stay out of their pockets....cause AT THE END OF THE DAY......guess what??? What THEY EAT don't make YOU SHIT.....feel me? Back to the regularly scheduled program.....

  • yungdubz27

    I've never heard Jay-Z say how much he owns of the Nets...so where is he misleading anybody? Dude is repping so hard because he has a stake in them...he trying put them on the map to one day own more...whats wrong with that?

  • Anonymous

    So ..let me get this straight...Are we asking how much Magic owns in the LA Dodgers...1 fifth of a fifth is still more than ZERO..

  • Anonymous

    Go tell that to Rick Ross we need that kind of honesty from him not JAy

    • vargas

      Jay_Z LIES MORE THAN RICK ROSS SMFH, THIS FAGGOT SHOULD DIE TONIGHT, LARRY JOHNSON HAS FUCKED THIS NIGGA COUNTLESS TIMES NOW HE'S ACTING A TOUGH GUY SMFH....

    • Anonymous

      Jay too. He's lied countless of times brah, Ross just on another level with his BS.

  • Anonymous

    Jay Z is a millionaire mascot for The Nets, but who cares that he doesn't control that team. He still at the table eating (albeit crumbs), so give him a break.

  • Anonymous

    Does A Rod tell reporters how much he blows on gambling? It's nobody's business. Alot of celebrities own small stakes of a team. It's low risk for them.

  • RC

    Honesty isn't a word found in many emcees vocabularies these days or buisnessmen for that matter & that's what Jay is now more or less a buisness man don't get it twisted.

  • ...

    lol calling that Russian guy a "Russian gangster" is some slanderous, libelous shit

  • Anonymous

    this nigga so worried about jay-z...u mad cause he cool with obama, sounding like one of these hating ass niggas out here

  • favour

    You will think that someone like this dr will think differently and know better than these other fools but no he's as Hateful as all of them.

  • reel2reeltalk

    If there is a verifiable public record of the amount that Jay owns then this settles the fact aspect of the argument. Dr. West is making a point about the exact amount because it pertains to what? As a rapper Jay will stretch the truth - He admits it and this is a part of Hip Hop. Have you ever heard of the phrase: 'Fake until you make it'? It is a form of bringing something into reality by repeating something and getting yourself and others to believe in it. Happens all the time - we call it politics...as usual..Poor Dr. West

  • killap

    whats his purpose for jay z to be honest?

  • Anonymous

    if Jay only owns 1/15, then the Nets are getting a 1000% return on the amount of publicity he's giving them. He should def. renegotiate his stake in a few yrs.

  • Anonymous

    NEW YORK Nets Did they move brooklyn out of NY? Thats just ridiculous

    • Anonymous

      Brooklyn, along with the other 4 boroughs outside of Manhattan, were all consolidated to form New York City as we know it today back in 1899 or 1900 if I'm not mistaken. Yet the Dodgers were still called the Brooklyn Dodgers, not the New York Dodgers. Brooklyn used to be an independent city and it still retains its cultural identity to this day, so it isn't exactly just another 'neighborhood' or 'suburb' of NY.

    • Anonymous

      I can't find Golden State on Google Maps anywhere.

  • Anonymous

    What album did jay say, " I spent a mill to be the owner of the nets..." Doesn't that make all of this pointless???

  • n/a

    THE STORY IS THIS,,A YOUNG BLACK MAN, RAISED BY A SINGLE MOTHER IN A PROJECT IS HERE TODAY AS APART OWNER ,NO MATTER WHAT THE % IS.THAT MY BROTHER IS THE STORY. TRUST A BLACK MAN TO ALWAYS BRING ANOTHER BROTHER DOWN.SHAME ON THIS DR AND OTHERS OUT THERE LIKE HIM.IT'S JUST THE SAME NONSENSE SOME BLOGGER FROM HUFF POST WHO IS ALSO BLACK WROTE LAST WEEK.IT IS SO SAD TO SEE HOW WE TRY ALWAYS TO BRING FELLOW BLACKS WHO ARE HARDWORKING DOWN.HOW MANY WHITES DO U SEE ATTACK EACH OTHER LIKE THIS? THE HATE AMONG US IS SO MUCH AND IT SADDENS ME, LET US BE HAPPY FOR EACH OTHER, INSPIRE EACH OTHER AND ENCOURAGE EACHOTHER.THIS IS THE SAME DR THAT WENT ON RAMPAGE ABOUT OBAMA NOT CARING,MAYBE HE SHOULD SIT DOWN AND MEDITATE ON WHAT IT IS THAT IS MAKING HIM GO AFTER HIS OWN PEOPLE IN SUCH A FASHION.IT IS SUCH A SHAME.

    • fully/applicable

      Haha, stupidest comment I've ever read. White people don't criticize other more successful white people? Where do you think black people learned that shit from? You even referenced the Huffington Post, which is just a bunch of rich white people trying to bring down wealthy white people. Next time you consider posting something without a shred of credence, read it and ask yourself, "does this make any sense whatsoever?", before clicking on "Post Comment"

    • Anonymous

      mr west has alaway had a SECRETE Agneda

  • Anonymous

    Yeah I'm up all night wondering about the same thing. Who gives a fuck? His $1 million gave him an opportunity to put on earn on the 40/40, the Rocawear store, the 8 night concert series, and probably some royalty on the Nets logo and probably each Nets item sold. It's the results that matter.

  • 619_andres

    Here's an analogy; Im in my late 20s I bought a house and make about $65k per year. I owe about $175k on the house & its worth about $190k. I could go around telling people my house is worth $400k and that I make over $100k per year. Either way Im doing pretty well for someone of my age and background but one story is the truth and the other isn't. Im pretty sure that's Dr. West's point here.

  • Anonymous

    I work for a Sports Radio station in Seattle as a producer... And we kinda joke about this all the time. It's not Jay's team and people need to fucking realize this.

  • Anonymous

    Why does this high yellow fakass fredick douglas care?

  • Anonymous

    West needs to mind his own business. Regardless what % Jay really owns it's his hustle. I'm sure he gets paid "on the side" for PR work. It's his name the owner is using to attract people to NJ.

  • jerryc

    lol just thinking about jay-z reasonable doubt compared to now makes me laugh...how slow and boring is his flow now compared to that shit? wow..

  • Fred Williams

    I have always been a big supporter of Dr West, he is a hell of a educator, but I think he is getting way to involved with things like this and politics. I know Dr. West cares deeply about the plight of poor people and minorities particularly African Americans. Well I hope Dr West knows how many African Americans and other minotries now have jobs working at the Barclays Center now because of whatever envolvement Jay Z does have with the Nets. IMO shady hedge fund managers, and real estate tycoons probably of which also own sports franchises are no better than a "Russian Gangster" at least that Russian gangster invested in the buisness that is accutally employing people.

  • Anonymous

    People don't get the reasoning behind his words...smh.. Jay got rich on selling drugs and hiphop...he's always talking braggadocios regarding money and wealth like he's in the elite(money-wise)..when in truth and fact hes not..obviously..Dr. West is not hating on his money but the subliminal message Jay is pushing that this is the way to get rich wrong or right , or this is what worked for me. Bottomline,Jay-z is lucky he's as rich as he is not knocking his lyrical prowess but if it were't for drugs an a few other unlikely variables, such as Big L's passing, I would love to bet he wouldn't be as big. But big up to Jay-z dude has come a long way ..people looking up to him need to look at his body of work rather than his money though its very unlikely more than 5% of you would make it into the buisness but you have to be willing to take the risk

    • Anonymous

      ur a tool! he just glamorized Jay-z life by co signing his affection for reasonable doubt! this is Blacks hating on blacks what were great at...and its coming from a supposedly pro black professor!

  • 905

    What's with this "He still owns more of an NBA team than any of you own". I hear that all the time on hip-hop forums and comments. Well he's still got more money than you. Who cares about any of this? And why do people have to be so childish?

  • deborah

    Yeah, its time for Jay to get straight about a few things. Kudos to West for his anti-poverty tour.

  • Anonymous

    WTF ?? are we in soviet Russia or America ?? it's shit like this that makes a nigga wanna vote for Romney. Whether you like it or not Jay worked for everything he has he don't owe nobody shit

  • Anonymous

    Niggas be tripping who gives a shit how much he owns, fact is the dude own something of it and if the dude want to yell, scream and shoot about it so fucking what. He owns a piece of a NBA franchise thats more than any African American individual can say. to go from nothing to have that he is no doubt a role model for the streets

    • 619_andres

      FOH b, Hov & his fans love to say thangs that just are not true then get mad when someone points out the truth. Like Hov owns more of a team than any other Black dude. What on God's Green Earth is you smoking? Ever heard of Michael Jordan? Magic Johnson? Hov, you aint gotta lie to kick it. Just be real about it.

  • Anonymous

    SEAN CARTER = FRONT COON STOP PRETENDING NERDS

  • Anonymous

    dr cornel needs to mind his business, when it comes to another mans money.

  • Anonymous

    Who cares, lol, why people so caught up in this shit. Even if its .000000000000000001 of 1% it's still a bigger percentage of the nets then any of you own This Society

  • Anonymous

    I wish Hov owned 100 percent of Brooklyn Nets.

  • Anonymous

    yo is that kanyes dad?

  • ThaBlackGodX

    It's very simple. Just do the math. Hov made a $1million investment. Correct? Now if that only bought him 1/15th of a percent that would mean that a full percent would of cost $15million. Correct? $15million x 100 would put the teams value at $1.5Billion. Correct? Currently the nets aren't worth half that. There worth $550-575million and that's only after the recent move to Brooklyn in which their net worth increased 60%. So Jay's investment bought much more than 1/15th of a percent at the time he made it. On top of that he's worth almost as much as the entire organization own is own at a net worth of $475-500Million. So why does it really even matter. Black people diminishing other black's accomplishments in a country where the odds are built up against us. Shame.

    • I'ma Eat My Cornbread

      His investment included his ownership stake in the team(5%) and the 1/15th of a percent in the Barclay's Center. That's where people misconstrue the numbers. They think the 1/15th of a percent applies to his ownership in the Nets in which as you pointed out wouldn't add up. The Barclay's Center is a multi-billion dollar building so even if his stake is that small that's still worth alot of money.

    • 619_andres

      Generally speaking, that would make sense except that people overlay for stakes in sport franchises all the time. The Dodgers aren't worth $2.15 billion and the Padded aren't worth $650 million but that's what they sold for. Its very possible Hov overpayed for his stake in the team to get future upside on % of Barclay's Center gate receipts. Actually that's almost likely because no one who buys/owns a team needs a $1 million investor. Its just a name to add.

  • Anonymous

    I don't get why it matters either way...

  • Smoke

    even men as intelligent as Dr West can state false claims. Jay's stock in the Nets, and the arena are two different deals. It was reported by the NY Times Jay owns 1 1/15 of a percent of the team but 5 percent of the arena. Cornell West is brilliant but I read like 3 other articles stating he owns more of the arena than the team. I also heard Jay say the numbers were false, but at the end of the day who cares ? He never said he owned the whole damn team and anybody that actually watches the NBA would know that the "Russian Gangster" (who's actually a Russian politician) owns most of it.

  • Anonymous

    Damn. The wolves are out. That's how you air someone out. And many idiot Jigga-boo fans won't even look into the man's claims. "Oh, he old and bitter...what he got?".

    • playboy pryor

      like i said who cares? im thinking of ways to get paid and take care of my family!! you think im at home trying to figure out if jay-z claim is true!! fuck jay z and fuck you too!!!

    • Anonymous

      @Playboy Pryor R u troll? Cuz Cornel been focusing on other more important issues but its dumb niggas like u who chose to not listen, ignore it and follow whatever shit a famous person says.

    • Playboy Pryor

      who cares how much he owns? DR.West needs to foucus on other important issues!!! you sound like a A-1 hater!!!! fuck boy

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