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September 18, 2013 AT 10:03 AM
Jay Z is reportedly getting ready to cut all of his remaining ties to the Brooklyn Nets. Earlier this month Jay Z sold his stake in the Nets organization to Nets head coach Jason Kidd for about $500,000. But now comes the news that he's also selling off his stake in Brooklyn's Barclays Center. It's not a huge stake?he reportedly owns just one-fifth of one percent ?but the Center is valued at about $741 million right now.