Jay-Z is regarded as one of the most legendary rappers in the Hip-Hop world. On top of his musical prowess, Hov is also a smart businessman and is worth over a billion dollars for good reason. He also realizes that people love to gamble.
It seems Jay-Z is already thinking about his next business venture. According to Front Office Sports, Jay-Z is one of the names linked to a takeover of the NFL’s Denver Broncos.
The team expected to be worth $4 billion. Jay-Z would need partners to purchase the Broncos and make history as the first Black owner of an NFL team.
JAY-Z’s net worth was estimated at around $1.4 billion. In July, Denver Broncos president and CEO Joe Ellis outlined plans to undergo a transition of ownership before the start of the 2022 NFL slate.
Our goal is a timely, responsible and orderly determination of ownership,” Ellis said. “What that will entail for us — there’s some things that we still need to work through — but our goal is to be able to lay out, when the season is over — and [Head Coach] Vic [Fangio] has promised that will be in the middle of February — that we lay out for everybody a timeline to a transition of ownership that will take place next year prior to the start of the season. That’s important. It’s important to the organization. It’s important to the beneficiaries — Pat [Bowlen]’s children — to get it resolved and we’re moving forward on that
We will have to wait and see if Jay-Z will be making history or not as he has a penchant for that.
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