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Jay Z Breaking Up With The Nets! Selling His Shares Of The Barclays Center!

Filed under: ZportzJay ZBusiness BlitzBasketball

jay z to sell share of barclays center

Breaking up is never easy to do, and Jay Z is learning that the hard way!

Don't worry! Hova and Beyoncé aren't splitting anytime soon! But his relationship with the Brooklyn Nets is coming to an end!

Jay has already been forced to sell his share of the franchise after the NBA felt his affiliation with Roc Nation Sports was a conflict of interest!

Well, now it looks like he's also going to have to sell his share of the arena they play in as well, the Barclays Center!

Jay owns about one fifth of a percentage of of the arena, which may not sound like a lot. But the Barclays Center was the top grossing venue in the country this year and is said to be worth $741 million, meaning he'll still earn about $1.5 million!

Not bad!!

Overall, this will probably end up being a good move for Hov, who's looking to further his career as a sports agent!

Still, it's going to be super awkward when these two pass each other on the street and are forced to make small talk!

[Image via AT/WENN.]

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Dr. Luke Won't Have His Residency On American Idol As A Judge Due To Conflict Of Interest

Filed under: TV NewsMusic MinuteAmerican Idol

dr luke

The Dr. will NOT see you now…

We thought American Idol would be prescribed a healthy dosage of music producer Dr. Luke as judge next season, but alas, it was not meant to be it appears!

According to a source, the doctor-who-would-be-judge had to back out due to a conflict of interest, and a busy schedule (aka too many patients).

Dr. Luke signed a deal with Sony Music back in 2011, which creates major issues since as judge on Idol he'd be working with and developing talent for Universal Music Group, which is direct competition with Sony.

In addition, a source also confirmed that Dr. Luke realized the time commitment would be too great:

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