Barclays Names Jay-Z Director of Brooklyn Arena Firm

 Shawn 'Jay-Z' Carter who recently helped design and debut the new logo and line apparel for the Brooklyn Nets, has been named director of the company that runs Barclay's Center (Brooklyn Arena, LLC). The Barclay's Center will also hold 1 luxury arena suites called the "Vault". The Post says that, "for the suites, they will run for $550,000 each". Jay Z has been a helping hand everywhere. He even stepped in to help choose high-end forks, napkins and champagne that will be served during the events.

The company has set the grand opening for the center for late September. "The new title emerged in papers filed by arena developer Forest Ratner Cos. in its bid to secure a liquor licence for the future home of the Brooklyn Nets", according to the Post. "As one of the seven directors, the rapper and music mogul will attend board meetings and help direct arena senior staff on daily operations". 

Jay-Z is a minor stake holder in the Brooklyn Nets, the former New Jersey franchise, which is set to play its first game in the fall. Jay has been listed as arena director along with Forest City CEO Bruce Ratner, David Berliner, Mary Anne Gilmartin, Christophe Charlier, Irina Pavlova and David Carlock. Irina Pavlova is Nets majority holder Mikhail Prokhorov's right hand woman in the United States. She is also the President of Prokhorov's Onexim Sports & Entertainment Holding USA, Inc.  Irina was also the team's representative at the NBA draft lottery.

The Russian billionaire Mikhail owns 80 percent of the Nets and also has a 45 percent ownership in the arena. "The news of Jay-Z's new title emerged as officials confirmed that they would extend drinking hours at the Barclays for their big spenders", said The Post. 


Source:

http://www.nypost.com/p/news/local/brooklyn/jay_named_director_at_barclays_arena_it5iGkgZ5SYwjPkcQL2YVM?utm_medium=rss