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Every since making headlines about about an NFL Deal, Jay-Z Makes another big announcement. The team is unknown, but a source said that the ownership stake will “happen in the near future.”
That source added that Jay-Z is “a huge fan, already has a sports business and wants to continue to be a change agent for the NFL.”
Roc Nation, the entertainment company that Jay-Z founded in 2008, “is entering into a multiyear partnership with the NFL to enhance the NFL’s live game experiences and to amplify the league’s social justice efforts,” according to NFL.com.
Roc Nation will help decide artists for the Super Bowl and other major NFL events. The partnership also plans to serve communities through the league’s Inspire Change initiative.
Multiple sources have insinuated the Roc Nation-NFL partnership may have been partially motivated by Jay-Z’s reported desire to acquire an ownership stake in an NFL team. Of note, Justin Tinsley of The Undefeated, Mike Florio of ProFootballTalk and Terez Paylor of Yahoo Sports posited that case. Florio wrote:
“When Jay-Z decided to launch a sports agency six years ago, a well-connected league insider explained Jay-Z’s ambition in simple terms: He wants to own a team.
“[Wednesday’s] deal with the NFL nudges Jay-Z far closer to that goal, if that indeed is the objective. He now has a formal relationship with the league, giving other owners a chance to get to know him well, naturally allowing the development of a familiarity that most potential owners never have when they show up and try to buy a team.”
As Tinsley and Paylor noted, Jay-Z would become the first black team owner in NFL history.
