Jay Z Sells Stake?

Jay Z appears to be making a financial move regarding the Barclays Center in Brooklyn, but it’s not clear.

Photo: Jim Ross / Invision / AP
Wireless Festival, Queen Elizabeth Olympic Park, London, UK

Forbes reported Jay Z is selling his stake of the venue – a whopping 0.2 percent.

That figure equates to about $1.5 million, considering the new arena is valued at about $741 million.

Jay Z recently sold his small percentage of the Brooklyn Nets basketball team for $500,000.

The Forbes article was countered by a Roc Nation tweet with the hashtag #NotFactsOnly, which would indicate the financial mag got it wrong – but in what capacity is anybody’s guess.