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It’s no secret Hov is about his money – so the rumors that he’s about to get $1.5 million, for selling his stake in the Barclays Center needs to be shut down immediately.

As previously reported, Jay Z has a new sports agency called Roc Nation Sports, and he’s already signed some very big names that include Skylar Diggins, Robinson Cano, Kevin Durant, and Victor Cruz. As a result of his major move into the sports world, international Hov had to give up his one-fifteenth of one percent ownership in the Brooklyn Nets.

But earlier today Forbes reported that Hov had to give up his one-fifth of one percent ownership in the Barclay’s Center. Those are just not facts!

RocNation tweeted:

The new arena has been a new highlight for Brooklyn – even hosting the 2013 MTV VMAS – and is said to be worth $741 million. It looks like the rumors are not true he’s not selling his shares in the Barclays and he’s still going to rake in the cash. Including two stops on his upcoming tour, a couple of shows for Yeezy as well.

Money, Cash, Clothes… All the boy knows!

SOURCE: Forbes |PHOTO CREDIT: Instagram

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