Jay-Z in talks with NFL to buy a share of 1 of the league’s flagship franchises, report says – NJ.com

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Jay-Z in talks with NFL to buy a share of 1 of the league’s flagship franchises, report says – NJ.com

Jay-Z is looking to buy a share of the Pittsburgh Steelers, according to a report.

Greg Allen/Invision/AP

Jay-Z is looking to buy a share of the Pittsburgh Steelers, according to a report.

By Todderick Hunt | NJ Advance Media for NJ.com

Shawn Corey Carter, better known as Jay-Z, has been all over the news since announcing his joint entertainment and social activism venture with the NFL last week. Things took another turn Tuesday as it’s been reported by multiple outlets, including MTO News, that the rapper/businessman plans to acquire a stake in the NFL’s Pittsburgh Steelers.

Shawn “Jay Z” Carter will be the largest percentage African American owner a football team owner, MTO News has learned. The 49 year old billionaire is in the midst of purchasing approximately a 5% interest in the Pittsburgh Steelers.

We spoke with two people close to the deal who told us that Jigga is in the final stages of buying the ownership rights to the Pittsburgh Steelers. The Pittsburgh Steelers will still be majority owned by the Rooney Family – led by Art Rooney II – but Jay will now have input into the NFL!!

The rapper’s decision to do business with the NFL has caused strife among some of Jay-Z’s biggest fans as it’s seen as a slight to Colin Kaepernick, and the movement the banished quarterback represents, which brings light to police brutality and the oppression of minorities throughout the country.

During the press conference to announce his new NFL deal, Jay-Z remarked that the oppressed have “moved past kneeling” implying it’s time for action instead of continuing the peaceful protest Kaepernick started during his final NFL season in 2016, and a time of multiple unwarranted police killings of members of urban communities.

However, Kaepernick’s movement itself is a two-part movement as he’s “raised money to help people get food who were suffering from famine in Somalia, (done) backpack drives, and the list goes on and on,” says one Twitter user (mobile app users please click here to see the tweet).

Jay-Z is a billionaire and can do whatever here wants, but pulling the wool over the eyes of the masses who see his NFL partnership as something that solely benefits him, isn’t going to happen.

Todderick Hunt may be reached at thunt@njadvancemedia.com. Follow him on Twitter @TodderickHunt. Find NJ.com Rutgers Football on Facebook.

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