During this morning’s press conference at the Barclays Center, New Jersey Nets co-owner Jay-Z revealed to Fox 5 that the team will officially change their name to the Brooklyn Nets in 2012-13 season. He also spoke on his concert series at the venue’s opening next September. Brooklyn, we did it! Press conference after the jump.
Tags: barclays center, brooklyn, fox news, Jay-Z, new jersey nets





Fuck Harvey Levin and anybody that loves his celebrity news website. First you prematurely pronounce the impending death of Lil Wayne (Weezy Forgives. We Don't.) and then you try to link the horrific actions of one of the Boston Marathon culprits to our culture? "DEAD BOMBING SUSPECT: HEAVY INTO HIP HOP" You don't say? It's 2013 and most kids are into rap music. We've been penetrated pop culture, you cock suckers. "What's interesting... hip-hop lyrics are notoriously violent and often degrading to women." So our music is at fault in this tragedy? Let's be clear the only bombs my culture cosigns is DJ Funkmaster Flex's sound effects. Thirty Mile Zone is prone to post anything to get traffic. Fuck dude and his coffee cup. Get you a Rap Radar cup and drink with us in the winner's circle.
Yo Mister Cee, the people feel threatened! Soliciting prostitutes is illegal and this is the second time your private affairs have been publicized. Get some help...and a room! —B.Dot
just pay some street ballers to hoop for the bk nets… they’ll be much better than them soft ass nba niggaz raised by soccer moms
rofl.. this nigga and his sarcastic mocking laugh…classic interview
salute
Hov is my God! Best rapper alive!
Minority owner…
He owns like 2 or 3% of the Nets.
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Moving the Nets 2 BK-JayZ
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The House that Hov Built.. This guy always wins…
such an awkward interview. I feel like it’s weird they tell a multilmillionaire forbes listed mogul that he ‘looks spiffy’ like he’s some child who dressed up on easter for them lol
King Hov , let that boy cook
Hov is becoming untouchable.
winning.
Lady; “the baby will be out by now”
Jay; “yeah..okkk…”
LMAO!!!
Now be prepared to hear Jay BRAG about this on half his next album..
but hes definitely winning. even with 1.7% of the shares. Hes basically a mascot to the big owners..but shit i aint hating. aint mad at it lol get money
LOL AT ALL THE JAY DICKRIDERS. AT LEAST HE WILL BE ABLE TO AFFORD TO GET HIS KID MILK UNLIKE YA DEADBEAT MOTHERFUCKERS. WHERE ARE THEY NOW?
Yeah Hov moved them cats to BK… man dude stay winning.
@NuJew
last I read, he has a 1% share, he throws a few million at the majority owners whose stake is in the hundreds of millions and the ignorant hip hop community thinks he runs the team or something, he’s likely a silent partner.
Hopefully these kids realize that his percentage multiplies several times after the move. Money for nothing. And by money, I mean millions upon millions of dollars.
I think it’s dope how even 15 years later, Jay still references Biggie as his own blueprint.
Fox- “I can see you doing this, walking around with this!”
Jay- “No, you can’t.”
COLD DEΛTH WANNA THANK ALL THE STANS, GROUPIES, HATERS AND IMPERSONATORS FOR PROMOTIN’ THE COLD DEΛTH NAME 24/7! KEEP THAT COLD DEΛTH NAME ALIVE! THANKS HOES!
P.S. JAY-Z NEVER FAILS US! BROOKLY WE GO HARD!
YOU CAN’T STOP US NOW!
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lolololol jay is so cold blooded. he didn’t entertain any of this ladies typical reporter comments.
lady “the baby will…be a baby by then!”
jay “yeah okayyy”
You people crack me up! Jay-z might only own 1% of the team but its not like his livelihood depends on it. Its just something extra. and btw 1% of a 312 million dollar franchise is more than we will all prob see in a lifetime. Quiting the slander and acknowledge a boss.
Jay don’t own n e more then what jlo owns of dolphins..or what usher owns of cavaleirs or what nelly own of bobcats..get over yourself people..its if n e thing 1 percent..he had nothing to do with moving the team..it just so happens he’s from brroklyn and there moving there..MASCOT!
It’s not just the money that makes Jay’s partial ownership so impressive, it’s the respect that goes with it. They actually came to HIM, not the other way around, and cut him a deal, ASKING him to be a part of the team. How much respect do u have to command for that shit to happen? Does anybody think there’s even the slightest chance that the Hornets would jeopardize their franchise by allowing Lil Wayne to associate himself with them? Hell no! They wouldn’t even let him get a foot in the door, much less come to him hat in hand and ask for his help.
And @ the nigga above me, this: “he had nothing to do with moving the team..it just so happens he’s from brroklyn and there moving there” couldn’t be more wrong.
The Nets ownership group chose Jay Z specifically because of the move to Brooklyn, and nobody represents the borough better than Jay. They cut him in especially to promote the team in BK, because of the influence that he wields in the area.
The black Branch Rickey… I wonder if the Nets new color will Hov’s favorite hue?
What the fuck does wayne have to do with this???? That example just shows your dislike for wayne more than anything. What the fuck? Jay is a rapper who just so happens to make good financial investments.
^Ok, moron, I don’t see the Pistons looking for an Eminem endorsement, either. I’m just giving examples of why, exactly, Jay is a better businessman than any of his peers.
I heard Jay owns 1.5 to 4.5%, it’s private records.
But he’ll take a bigger role in the business after the move to Brooklyn.
He’s basically like an ambassador whom owns a lot more than Ambassadors usually does and takes a part of the whole moving thing, bringing players to the team etc. The Russian owns about 80% and Jay is the 3nd biggest owner after Bruce Ratner.
It’s been the same ol story for the past 15 years, hov wins.
What you guys don’t know is that the gentrification in Brooklyn is rampant. Black families can’t afford to live in Brooklyn no more because of this stadium. The heart and Soul of Brooklyn is at risk and only the wealthy will be able to afford to stay here. I will eventually have to move from the place where i was born because i can’t afford it. And me and my wife both have decent jobs. The only hope is Black homeowners and they’re either selling their homes or only renting to white renters. If Hov wasn’t the face of this development, we would be calling this development a war against the minorities in Brooklyn. But Jay softens the blow i guess.
Well, it’s off to Jersey for me, Later!
So Brooklyn gets to trade all of its poor people for a basketball team? Awesome!
@casper21 @nujew i thought he announced that he would try to orchestrate this on ‘dirt off your shoulder’. does that not qualify for a kudos sans the particulars? when you guys graduate college, i’m going to congratulate you instead of knockin you for not graduating with honors. spread love and you’ll get love
The block where Biggie grew up is walking distance from the stadium and that street is becoming gentrified so what does that tell you?
Uhhhh, 1% of half a billion dollars that the franchise pulls in is still pretty good folks. Way more than wat any of you would make in a lifetime.
New York City still has inefficient restrictions on prices for homes, rents and stuff like that.
If they were trying to run an economically efficient city, you would’ve been forced to move decades a go. But they are already giving ya’ll a a serious price cut on rents, house prices and on. If these dudes were allowed to maximize their profits, the whole borough of Brooklyn could’ve been a nice place instead of an enormous ghetto.
Not for nothing…. but she might be the worst interviewer I’ve ever seen. How you gonna disrespect god emcee with a garbage interview? lol.
@jaeboogz.
@TheSp1200
Brooklyn BEEENNNN getting gentrified…. same as Harlem. I remember i use 2 go 2 them loft parties my 1st year in college. Its because yall black niggas ill rather rent an apt in a disgusting ass building, instead of investing in a foreclosed browns stone.. and fixing it up. These white people are helping the community… do you know how many crack houses they renovated??? Thats what i thought… Dont blame white people or corporate America for black peoples lack of business sense/ownership. Im black, and thank god i grew up in a household of business owners. We have 2 break the cycle… keyword WE!
This shit was HILLarious!!!!!!!! Jay sound so stupid at parts, its funny to see him so caually blowing off the reporters questions.
i’ll stick to Madison Square Garden & the New York Knicks
Y’all can call me a tree-huggin’ ass whatever…but this move effected a lot of lower income families in BK…shame on Jay for being the publicity puppet for that dude Mikhail Prokorov, who built his fortune by being in no particular order: a gangster, polluter, and a human rights abuser…I know we glorify that kind of gangster stuff in song, and I love Jay’s music..but when its played out in real life in such a way that it affects poor and working people, he should say forget the money and use his status as coolest man on earth to further worthwhile causes like Water for Life that he did a few years back…Instead of using imminent domain to knock people out of their homes so he can build big stadiums to house doomed franchises.
the lady was so unproffesional….you could tell jay wanted to get the hell out of there lol
@Jaymalls CO-SIGN!!!
Shout out to the boy HOV !
Niggas kill me, acting like being a minority owner of a professional sports team is easy to do for a nigga from the projects lol, FOH
Jay-Z = G.O.D.
good job!
That Shit Cray
Do people in New Jersey care that Jay ganked them for their Nets?
http://tinyurl.com/6a7663y
lmao
niggas is confused
some nigga up there said they helping the community
they helping THEMSELVES to the community
so all them grannies & aunties were tearing the hood down in their brownstones?
lmao
When your the best in brooklyn your the best in the world
we built the brooklyn bridge and we better then the egyptian
brooklyn as the best flow
decoded was the best birthday gift i ever got.
huey p newton is the best
Y’ALL EVEN KNOW?? TOM FORD SUITS IS CRAZY. JAY. THAT. DUDE.