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March 20, 2006
Jay-Z on air
Jay-Z interviewed during ABC telecast of New Jersey Nets-Dallas Mavericks NBA game on Sunday afternoon.
Q: Brooklyn will be when for this team?
A: I hope '08. We hope soon as possible. We're going through the process. I hope 08-09 season.
NoLandGrab: Lay-Z may want to get off his butt and check the facts. In his defense, he owns less than one-half of one percent of the team so Ratner may not keep him in the loop.
In fact, since the Nets are stuck negotiating a Continental Arena lease through 2010, Ratner may ask investors to double down to cover annual operating losses of around $20 million to $30 million.
Posted by lumi at March 20, 2006 7:25 AM