During his involvement with the franchise as a minority investor and cultural ambassador, Jay-Z owned a very small fraction of the Brooklyn Nets, estimated to be a tiny fraction of one percent (roughly one-fifteenth of a percent). Despite his minimal equity stake, his involvement was heavily leveraged for marketing, helping design team logos and color schemes, and orchestrating the historic relocation of the team from New Jersey to the Barclays Center in Brooklyn before he divested his shares entirely.