Hip-hop mogul Jay-Z upset that newly minted Miami Heat player LeBron James didn’t consult him
“Jay never expected LeBron to sign with the Nets. He knew that no 25-year-old kid with James’ profile was going to spend years in Newark,” the source tells Gatecrasher. “But he’s pissed, or at least disappointed, that LeBron didn’t consult with him.”
Still, our source says, “I don’t think it’s going to affect their friendship.”
According to insider, James’ silent treatment made Jay-Z look bad with Nets’ management. While LeBron was making his decision, “he didn’t even take [Jay-Z's] calls. It made [Jay-Z] look like he couldn’t deliver to the Nets management. If Jay-Z could have landed a star player, “he could have been seen as a legitimate asset to the team,” the source said. “Now they see him as just dead weight.”
Perhaps, but our source points out that given Jay-Z’s minuscule $1 million investment in the Nets, the responsibility to put together a killer team doesn’t really lie with him.
“It’s not Jay’s team,” says the source. That dubious honor goes to Russian billionaire Mikhail Prokhorov, who paid $200 million for an 80% stake in the Nets.
Another NBA insider says Jay-Z’s real source of dissatisfaction should be Prokhorov. “The Nets have no basketball team,” the source says, saying that Prokhorov “overpromoted and overmarketed” the team, but wasn’t able to deliver a player with genuine box-office appeal.
Jay-Z’s spokeswoman did not respond to our request for comment by deadline, and a spokesman for James declined to comment.
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