Jay-Z is a part owner of the New Jersey Nets. alot of people confuse the NEW JERSEY NETS to the NEW YORK NETS but theres no such thing as the ''NEW YORK NETS''
(3) Jayz = Nets , Nelly = Bobcats, and Usher = Cavaliers
He owns part of the New Jersey Nets...now Brooklyn Nets
He does not own an NBA team, although he was a part-owner of the L.A. Lakers for several years.
Larry Bird does own the Celtics
NBA's Orlando Magic.
Charlette Bob Cats
Jayz has his own label so he really is his own management