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Nine years ago Jay-Z invested $1 million for a minority stake in the then New Jersey Nets. That equates to roughly a one-fifteenth of one percent of the team. It may sound like a small percentage, but the New York Times reports he will make millions through several ventures tied to their new arena, Barclays Center. The stadium was built to accommodate the team’s move into Brooklyn, New York. The team now changed its name to the Brooklyn Nets.
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