Report: Jay Z selling his Nets ownership stake to Jason Kidd

jay zAccording to the New York Post, Jason Kidd is now head coach/owner of the Brooklyn Nets. How you ask? Because Jay Z has reportedly sold his minority stake in the Nets to the new head coach.

The New York Post also reports that the other owners of the Nets urged Jay Z to sell his stake to Kidd and Jay Z obliged.

Jay Z is selling his minority ownership in the Brookyn Nets to coach Jason Kidd, sources exclusively tell Page Six.

A source told us, “Other owners want to give Jason a part ownership of the team, and urged Jay to sell his shares to him.”

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