| Sign Up | Google+
 

Nets Advisor Sees Future in Equity

Stay connected for news and updates

Steve Stoute is business partner with Jay-Z in the advertising and marketing agency that's pushing the Nets move to Brooklyn.  He's also Jay-Z's marketing consultant and the man seen accompaniying the Nets minority owner to games, where he'll sit with Jay-Z and Dmitry Razumov, Mikhail Prokhorov's top aide.

Stoute thinks this could be the last wage-based negotiation between players and owners, that in the next contract the players will want equity in the league, just as Jay-Z has had equity in the record companies and apparel manufacturers that sell his trademark brands and another client, LeBron James, owns pieces of products he endorses.

                                                                                                                                                                                                               

Recent Posts

The Next Read

There are 6 Comments. Load Now. Loading

Shortcuts to mastering the comment thread. Use wisely.

C - Next Comment
X - Mark as Read

R - Reply
Z - Mark Read & Next

Shift + C - Previous
Shift + A - Mark All Read

Comment Settings

Live comment alert: Hide it!

Comments for this post are closed.

tracking_pixel_5351_tracker