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Jason Kidd to buy half of Jay-Z’s ownership share of Nets


He’s not just the coach, he’s the owner… of a sliver of the team.

Remember that Jay Z owned 0.1608 percent of the Brooklyn Nets — a small part of the team but it gave him room to boast on tracks and be at the heart of the redesign of the franchise’s look when it moved to Brooklyn from New Jersey.

Now Jay Z is getting into the agent business (his agency has signed Kevin Durant among others) and he has to sell his ownership share.

Jason Kidd is buying half of that stake at a cost of $500,000. No word on if that includes a share of the Barclay Center. The other half of Jay Z’s share of the team was purchased by an existing minority owner of the team. The New York Post broke the story but the New York Daily News had the updated information.

This is just everything coming full circle — Jay Z bought a part of the Nets back in 2003 at the suggestion of Kidd. Back then Kidd was the Nets All-Star point guard dropping 18.7 points a game. The conversation allegedly took place at Kidd’s 30th birthday party, which was at Jay Z’s 40/40 club in New York.

There is no conflict; coaches can own part of a team (players cannot).

What this means for the Nets ownership structure is nothing, really. Mikhail Prokhorov owns 80 percent of the Nets and is the driving force behind the changes there. It just means when the Nets massive tax bill comes due (they have about $102 million payroll which will mean about $87 million in taxes) Kidd can pay part of it.

Report: Matt Barnes attacked Derek Fisher, who’s dating Barnes’ estranged wife

Derek Fisher, Matt Barnes, Russell Westbrook

Matt Barnes is an instigator. He has been arrested for domestic violence. He also had a weird thing where he implied he was dating Rihanna only for her to claim they’d never never met.

Which is to say this is believable – that the Grizzlies forward attacked Knicks coach Derek Fisher for dating his estranged wife.

Ian Mohr of the New York Post:

Sources said Fisher was at the LA home of Gloria Govan — Barnes’ estranged wife​,​ who stars on “Basketball Wives LA” — on Saturday. Fisher and Govan have been dating for “a few months,” a source said, after Fisher filed to divorce his wife of 10 years, Candace, in March.

But when Barnes learned that Fisher was at his former home with Gloria, he drove 95 miles to LA to “beat the s–t” out of Fisher, sources said.

“Derek was in Gloria’s back yard with about 10 people having a bonfire on ​​Saturday,” said a source. “Derek’s separated from his wife and there’s a relationship with [Gloria].”

The source added, “Barnes was in Santa Barbara [at Memphis Grizzlies training camp] and heard that Fisher was in his house. He went crazy. He got in his car and went to the house and went after Fisher.”

​A source close to Fisher ​confirmed the fight but said, “Matt came after Derek but he only had a few scratches … Derek’s not going to press charges, he’s going to let it go.”

Even if Fisher – who missed practice Monday for what the Knicks called “personal reasons” – isn’t pressing charges, the NBA is investigating.

Adrian Wojnarowski of Yahoo Sports:

This is a weird jurisdictional issue, especially if no criminal charges are filed. But I wouldn’t be surprised if the league punishes Barnes – a former Lakers teammate of Fisher – if it finds evidence to support the Post’s description of events.

Caron Butler details Gilbert Arenas-Javaris Crittenton gun incident

Caron Butler

Caron Butler wrote an autobiography, a recently published excerpt details his accounting of the Gilbert Arenas-Javaris Crittenton gun incident when they were with the Wizards.

An excerpt of the excerpt in The Washington Post:

When I entered the locker room, I thought I had somehow been transported back to my days on the streets of Racine. Gilbert was standing in front of his two locker stalls, the ones previously used by Michael Jordan, with four guns on display. Javaris was standing in front of his own stall, his back to Gilbert.

“Hey, MF, come pick one,” Gilbert told Javaris while pointing to the weapons. “I’m going to shoot your [expletive] with one of these.”

“Oh no, you don’t need to shoot me with one of those,” said Javaris, turning around slowly like a gunslinger in the Old West. “I’ve got one right here.”

He pulled out his own gun, already loaded, cocked it, and pointed it at Gilbert.

Other players who had been casually arriving, laughing and joking with each other, came to a sudden halt, their eyes bugging out. It took them only a few seconds to realize this was for real, a shootaround of a whole different nature. They all looked at each other and then they ran, the last man out locking the door behind him.

Somebody outside the locker room called 911. Flip Saunders was the coach back then, but he was too scared to even come into the locker room.

Click through to read the entire excerpt. It’s captivating.

Arenas is essentially retired and still spouting off silly takes.

Crittenton is currently serving a 23-year sentence for voluntary manslaughter.

Butler plays for the Kings.