Jay-Z Rumored to be Interested in Buying Stake in The Washington Football Team

Jay-Z Rumored to be Interested in Buying Stake in The Washington Football Team

There have been rumors spreading throughout twitter today that Jay-Z is in the process of divesting assets in order to potentially purchase stake in the Washington Football Team.

@BurgandyBlog tweeted the following this morning:

Last week Washington owner Dan Snyder and team president Jason Wright were interviewed while on a stadium tour in Los Angeles. During the interview Snyder said that a new stadium could be ready to go by 2027, but didn’t mention where the stadium would be.

In March Snyder struck an agreement to purchase the interest of his limited partners, Fred Smith, Robert Rothman, and Dwight Schar who own more than 40 percent of the team. Snyder will control all equity in the franchise once the deal is finalized. Selling a percentage of the team to Jay Z would certainly make the kind of splash that Snyder loves to make.

For ten years (2003-2013) Jay-Z enjoyed his role as a part-owner of the Brooklyn Nets NBA team, having paid a reported $1 million for his share, which declined in value to $350,000 in April 2013, based on Forbes magazine’s valuation of the team. He encouraged the team’s relocation to Brooklyn’s Barclays Center (from New Jersey) in the 2012-2013 season, which is when the team became known as the Brooklyn Nets.

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FEST OF SPRING Caribbean Wine Food & Music Festival

Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.

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Accompanying the culinary extravaganza is a carefully curated selection of premium wines, ensuring the perfect pairing for your palate. Sip on fine wines from renowned vineyards, each sip a reflection of the Caribbean's vibrant spirit. Discover new flavors, expand your wine knowledge, and savor unforgettable moments with every glass.

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MUSIC By: DJ ABLAZE, DJ SMALLY & NAJ SUPREME

2 NIGHT Camping packages available: RV/CAMPER $200 | TENTS $150 Starting on Friday May 17 @ 5pm | 30 RV SPACES | 30+ TENT SPACES

KIDS 12 & UNDER FREE!!!

Bethesda Film Fest

The 2024 Bethesda Film Fest will feature five short documentary films made by filmmakers from Maryland, Virginia, and Washington, D.C. Screenings will be held Friday April 5 and Saturday April 6 at Landmark Bethesda Row Cinema.

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