Jay-Z Sells Rocawear Brand For $204 Million

So much for black-owned companies....

Jay-z is a genius!!!! brillant

Sair, wut ar u talkin' bout he still owns the company(techniquely) so all it's all good p.s: i was mad when i thought he would not be apart of the company no mo'

Let's not negate the potential exponential growth sair. It's pure business. At some point, you realize your potential and you seize an opportunity while it is presented to you. $204 tickets for a business that is based on the fickle tastes of consumers along w/ an opportunity for $35 tickets worth of stock. Do the math!!! it's beautiful. He just took a page out of bob johnson's book and he's a billionaire!! now bob owns hotels, is opening banks across the country in wal-mart stores. True business. Please note: i'm not a jay-z fanatic, but i do value good business moves - black or white. Peace.

^^^ truth...

Smart move. This guy is a true businessman. 10/10 for the brain power. As brothers, we need to hop on the boss move.

Jay- z is dumb for that!

Shuron "jay-z is dumb for that!".. Feel free to expand, perhaps something constructive this time. Something that might combat any of the good points made by 'sp'. I'd also question your theory that he's now dumb for one "mistake", which remember is giving him $203 million (thats prob at least $202.9 mill more than you'll ever earn).

Hova does it again!! what a business man. By this time next year, puff will be blown away. Jay is makin those smooth business moves!

Sp... Most people who know my writing blogs__ know i come from a spiritual side and not a carnal when commenting on certain things. Carnally speaking... Thats a great business move for jay in his world... He doubled what russell simmons got for phat farm. But if you know anything about mergers.... You know its all moving towards that one bible prophecy... Called."the mark of the beast" you wont be able to buy or sell unless you have that mark. So__ at some point in time... All... And i mean "all" companies are going to be under the rulership of one man... And that man will be the white man... Satan. And you won't be able to make a move unless you deal with the beast. And this reality just gets me a little riled up... But its not a damn thing i can do about it. So here we have another merger, like the record companies, radio stations, film studios magazines and newspapers... And now the clothing lines. All to one wicked ending. Whiteman's quest for world dominance of all resources. That's why i said so-much for black-owned. Because chances are, jay sold it to a white-owned company. We have nothing left. Righteous stand up!

Yeah, as far as net worth any money growth in expenditures, diddy is done compared to jay. Jay always said he needed a billion bucks to really be satisfied with the game, his next career move is t.v. He's already struck a partnership with diddy to debut a new bet-like cable channel, so he's aiming for bob johnson numbers. I can't hate, i'm proud of any dude who can come from the hood to become "over-successful". It's things like these moves he makes that makes me wonder how can people really say he isn't the best ever in this hip hop business.

I know dame has to be about as mad as a muthafukka, lol. Took the brand and is now selling it, lol. Jay is russell simmons for our generation!

Im okay, i think the only thing that im confused about is. Why would you sell a company for 204 million that makes 700 mil in a year?????? wouldnt you sell the company for more then that?

Good from a business point of view. Bad because another brother gives up control of a minority owned business. Damn dame!!! how much did you get for your half of the company?? is brooklyn in the house? without a doubt!!

Dame got paid too - before this, jay-z bought dame's half of the company for like $60 million.

Odom006> most companies that generate revenue also carry debt. There for after debt, expenditures, etc., investment bankers come up with these figure. Good move j. Like someone said, hip hop (all pop culture) tastes are fickle. Take your money and expand. I do bet that dash is mad he sold his 1/2 to jay for $25 million a couple years ago.

#1. Odom006 the company may have been sold at a present day valuation versus future income stream valuation or it may have been based on a future valuation based on net profits. Keep in mind, just because you generate revenues doesn't always mean you generate profits. Look at sirius and many dot-com companies that came and went. #2. Sair i have read yr posts in the past and i do respect them. They are quality posts that don't spew regional beef garbage and they display intellect. With that being said, "carnally" speaking - most big business are going to have a carnal aspect. And please believe the white man knows our moves big or small, but for us to make a major impact we have to infiltrate their system. Leveraging our money through stocks, mergers, etc. Is how we garner their attention. It then becomes about green & not black or white. Other than the fact, that the black person's moves have to be respected - ie oprah or bob johnson. We will have plenty left, sair!!! we're just beginning to have it on a more major level now. Black business gotta make big moves, too. We needed russell to stretch it for puff and master p. Now puff stretched it for jay-z. Peace.

Yo "sair" you keep telling your self the white man is the "devil" and oppressing everyone, while you sit online typing racist responses towards current topics. Racism exists on both ends of the spectrum and youre just as much a devil than the white man whos "holding you down". Negativity is what keeps everyone down, and you seem to be more concerned with color than anything else

Stocks, investments, expenditures, potential expotential growth...shut up!! you clowns know nothing about money and what he is doing. Just say sumthin like "ooh he did it again" or "way to go j". Kill that noise with your fake knowledge. Pathetic... Oh yeah...dipset, byrdgang!! balllllin!!!!!

F*ck. Now the clothes are gonna suck. Who the F*ck is gonna want to wear rocawear when the roc doesnt even own it anymore??? they better keep makin the big sizes or im gonna snap

Don't mock what u don't understand, young'n. A double major of finance & economics allows me to speak on these topics. Coupled w/ the fact that i own my own business. So please - speak on what you know and i will speak on what i know which will allow me to strike more than "ice". Kick rocks. Oh yeh, and i'm sorry if i used more than one word syllables. For your sake - "way to go j".

* one syllable words

You clowns are worse than ny rappers, e-battling. Is this the best you got to do with your time double major, talk about someone else's money? allow me to strike more than ice?!? da hell does that even mean? what are you gonna strike homie? nuthin! strike out on your so called "own business". Getta life loser.

Get yo money j, i ain't mad at cha.

Roca wear needs to be sold. It is becoming the next "phat farm" just like jim jones said. I give jay z major props for his franchise but you gotta leave before it leaves you!! you dig???

Oh, i'm sorry. Strike more than ice was in reference to your name. Maybe it was too sublime for you. It was in reference to "striking gold". Obviously, a concept that is foreign to you. I also apologize for acknowledging your hypocritical comment. No 1 is e-battling, but yrself. I only responded because i couldn't resist pointing out your stupdity and having to point out to every1 that you have now increased the "dumb down" quotient here. For the record i have a life and my own dust. Kick rocks lil dawg. I'm out. Enjoy the last word becuz thats what u need and get off on. I won't debate w/ a fool becuz than i look like one. Peace.

Ok my man sair i'm not gonna hit you with no "you dumb for saying that!" i know the word i know what it says and the thing is this..donald trump makes that move or steve forbes..hell if tommy hilfiger made that move..it would be deemed acceptable to the public eye.. The fact that jay is a black man is not what made him wealthy..it might have made him rich.. It's the fact that he knows what he wants out of life and says "if he can do it as a white man why can't i as a black man" when a white company is sold it's called growth..when a black company gets sold or merges with a bigger company, it's called selling out.. Why is that? let the black man evolve as you allow the white man to. "the martha stewart who's far from jewish...just had the balls to do it."

Unfortunately we lose another successful black owned clothing company (see karl kani, phat farm, etc..) but i ain't mad @ the brother,tho.

Want to make money on ebay? discover exactly how to make big bucks buying products at your local wal-mart and selling them on ebay for a profit! for more info, go to: https://paydotcom/r/11850/knicks_pow er93/696821/

Great move hov!!! great move.. And now the shawn carter collection.. I'm sure its gonna be some hot, grown and mature clothing.. He's making a trend people.. He's maturing hip hop giving it respect.. Great move president carter..

To strike ice...i have a degree in economics and i make six figures a year. Nice try, plus you're dipset comment at the end took out your comments credibility.

Big difference between facts and racism. This aint no "kkk" "skinhead" or dumb racist babbling. This is biblical facts and hard to swallow truths about the last days countdown. And who's controlliing the earth. If you can't see whats going down with corperate america and their new cash cow jay z... And the merging and hostile takeovers of every "used to be-owned by you" company... Then you're blind to the facts. Like i said in my last post... Carnally its a good move for jay and his riches.... But spiritually... Things just got a bit worse for eveyone. We aint gonna have conrol of our own lives soon. Please i employ you'll to take a look from another perspective sometimes. Don't be so gullable when you see a huge $$$ figure thrown at you. Last comment on this topic. Righteous stand up!

Have people stop wearing roc-a-wear. I mean i reading this other blog and the blog writer is like " i don’t even know anyone who still wears rocawear." is the brand that outdated. I thought roc-a-wear was one of the hottest brands out. Who in here don't wear roc-a-wear no more?

Why don't yall stop suckin jay's tip so much

I wonder if you dumbF*cks would do anything similar, it doesn't need much brains to get your money working, which is what jay does. And all that biblical white-ass black-ass bashing is just pathetic. If you tried to show that you can't work with money, live with ancient view of the world, have clearly no power since you act like a victim, i guarantee you, you were succesful. At least as far as someone can say that this resembles succes. Wait who were we talking about, oh... Nevermind you whiners.

Firstly, its a good move and one that will just make jigga argubly the biggest hiphop entrepreneur in the world. I know what sair is saying, there are things going on in this world that the average man on the street has no idea of, decisions being made for many which will only benefit the few, jayz ultimately is a pawn (albeit a very rich and succesful one) who is being poisitioned and manouvered by a few leaders, which will eventually be one man, because of his influence on the rap scene and todays youth. Ive always rated his hustle, but like my man sair says, there are higher powers at work in even the most simplistic of moves. I live in england and its a big brother state! we have more cameras and surveillance per person than nearly every other country on earth. Why are the powers that be so interested in what we do? its called absolute power & control over people!! the bible does prophesy this. Believe this people, things will get worse on earth before they get any better!! watch & pray, no matter what colour or race u be. Google the "the berean call" for truth. Peace

I think what jay-z did was down right stupid he sells his company to a company that has there clothes in walmart and kmart come on now thats insane...then he only sells it for 200 million come on...he said it in his own song.... In eighteen months, eighty million more so in eighteen months he make 80 million dollars but sell for 200 and that 35 million he getting in stock aint nothing the stock trading for about 18 bucks thats nothing and im a jay fan and this is a crazy move by dude

Damn just when u thought hov had enough dough

Will the new owners give minority (blacks) opportunity to become professionals?

If youth is wasted on the young, money is wasted on the old. Peace!

Rich mu'fukah... Haha

When i first read this i was amazed and happy for hov. But once hearing sairs point of view i realize he is right on the money. Yea, this is a good move for hov as far as riches are concerned. But for us its not. Any time a smaller company is bought out by a much larger one its never ever good for the consumer. And yes, this is all playing right into the end days where there is gonna be one market. Anything good that a black man has came out with the white man has taken over. Look at rock and roll, blues, rap, now clothing. Nothing is owned by an "owner" anymore. It all ends up being bought out by some big corperation. Yeap they are getin set up for the mark of the beast. I was watchin the other day where as of right now they are discusing about puting microcomputer chips in newborns in the near future to keep track of them. This eventualy will mean everyhuman will have to have this put in them if they want to buy, sale, trade, drive, or anything! last days!!

Who even buys rocawear anymore?

Just like what happen to mecca these motha F*ckaz always trying to get a peice of are sh*t

Wow! go jay-z you making all these high power moves to get that paper! i bet you are really glad you joined the devil worshipping freemason society and sold out your people for riches. Oh yeah, thanks for building a new stadium in residential brooklyn so hundreds of poor black people lose thier homes. You are an example of how to 'make it' in america. U r a sell out rubber lipped baboon!!

Ya, big benjs for hova but sair got a point there!

Black people are always showing their ignorance, how could rocawear have $700 million in total revenues if no one is wearing the clothes???!! i'm constantly seeing new rocawear gear on mc's on smack dvd's,come up dvd's etc. Just because you don't wear it means nothing. Jim jones is the biggest loser/hipocrite living, he says rocawear is the new phat farm like thats bad, but he does'nt hesitate to get in pictures with russell simmons & dr. Benjamin muhammad chavis who runs the hsan! peace & get your knowledge game up!!!

Remember fubu? nobody wears that crap in america no more, but they're still getting millions over in japan and germany.

I respect jay z for getting money but i can't respect him as a man. This is the same guy that cheated dame out of the entire business. First the label then the clothing line! thats supposed to be your homie! be a man and do business with him like the good ol days! all those that don't know look at the interviews of dame and you will see how he cheated him out of everything.

Rocawear was wack any and jay z is a bum any so dipset alday harlem forget about brooklyn cleveland is my playground

Everything is coporate in america. Once you make it, you make more buy sellin out. If you dont you end up being bought. I dont see roca wear or diddy where i live everybody is wearing makaveli clothes.

Why has he sold it for $204m when it earns $700m? just a thought.

!!yo, the first comment is the funniest comment on here!!

Lmao.. Dat's a good one, sair

Like hova sooooo dumb like how u gone sell roca wear u stole that shyt frum dash like really u a fake as n*gga real talk

Damn...he should've gave dat 2 dam'dash when they split, it was bound to happen...he's about to hang it up fellas'

Jay F*cked dame...dame was the one who ran that sh*t and over saw the day to day operations...

I hope that they keep makeing the guys size!

To sair, brother the bible also says a man must live in abundance, the devil has power over those that acknowledger him and allow him to dictate how much power he has, it seems like you aregiving the white man more credit than he deserves and so your devil is the wwhit man, because that is what your mind has told you, seeing as no one knows jay personally, you can not comment on his spirituality, because bill gates has given 34bil in donations and is worth 55 bil, the bible says give and you shall reciev mayb jay is giving and is being blessed by gettin more, you do not know the moves he makes behind closed doors. The bible says that you must love your enemy aswell as it is not your place to judge but the almighty god!

On the real, i feel like there is too much talk about the bible on here... It's 2007 and we still refrencing a book that has been edited and "remixed" by the very nations of people who are trying to pull off this mark of the beast ish now... Think about it! england and rome (the catholic church) are some of the biggest "one worlders" voices, the same people who have influenced the "holy" bible... As far as jay goes i think its a good move only cause i believe the homey got other moves up his sleeves... You tube and my space have been sold for more money than this so what could jay do? i understand cats feeling bad about another black business being brought out but i don't think people understand the depth of this game... Europeans ("jews" included) are not going to let a brotha, or anyone else, challenge their power... Until we build business with nationhood as the foundation we will continue to "sell out" to the highest bidder...

Jay-z bonified business man!!!! now that makes him worth like $600 million dollars

Since the critics are so focused on hatred and who really owns what! there is an easy solution to that why don't you hater(s)!!!!! put your money up and by rocawear yourself!!!!!!...............ps if the shoe fits wear it!!!!

Wat about dammon dash, you just going leaving in gutter. You make me sick hova

Were my money big lips

Dame who? never heard of 'em

It doesnt matter what he does wit his money or establishments... Wit his and beyonce money they'll be rich 4 the rest of there lives... !! jay got money stacked to the ceiling and b is headed for twice his amount... !!! if jay wants to sell rocawear than thats his business... Im pretty sure he knows whats best for him... !!

What has his race got to do with this news, do u like jay z because he is black or because he makes good music ask yourself and selling this business is the best thing he could do for that money, his sh*t will go out of fashion so make the most of it like he is doing. Hes got everything...

For all of you people who stated get your money jay-z, i bet if you or your families lived in the residential area where he's about to build a stadium, you comments would change. It's all about the dollar, no matter who you step on, step over or sell out to. Stop praising jay-z and comparing him to bob johnson like it's something great. That's fu*king stupid to sell the only black owned network(bet). As always that slave mentality, "it's okay for the majority race(white) to have all the riches, but not the minority(black) he may end up with more than me if i help him or cut him in on a deal." people please, wake the fu*k up!!!!!!

How much money does a person need??? sh*t, at least he had his own. He was already rich as hell, now he's still rich as hell but with one of his business gone. To who?? (yeah i think the white man has alot to do with evil too) honestly, i aint seen this man come (with his millions and millions of dollars) to help any of the F*cked up neighborhoods out there. And what kind of example is he setting? make as much F*ck*ng money as you possibly can before you die... Does it really matter how rich you are, when our people still dont love ourselves? how could you shoot somebody who looks like you if you loved yourself? yeah j... U rich as hell....but what are you gonna leave your people with??? ignorance?? greed?? come on man.... Wake up. Help your people become a fraction as rich as you are, so we can all prosper.

I work for rocawear and it aint all that he never comes into the office he comes every so often so how can he see production details or managment of his label???? i know turst me ppl should boycott rocawear your puttin more money into a reformed drug dealers hands but its your money so i guess spend it on what u want ????

Wait...so your saying boycott the company that's cutting your checks??? if folk did that, that would result in you getting "phased out"...or fired. At any rate, jay's a business man, man....and this shows just how business and money minded he is. Billionaire hov said he was on a "quest to make it"...and he's a few steps closer now. "n*ggas dont F*ck with rocawear????" i guess it depends on where you live, but n*ggas must be F*ck*n with that sh*t, or it wouldn't be grossing over $700 mil. Moreover i F*cks wit it...now if that aint real talk then whatta ya call that???!

F*ck jay z. This is the dumbest idea. People will not buy the new label. I am black and we love rocawear. Period. He changes this and we aint going to buy again

For all of you individuals that read the information about jay-z selling roca wear, please read the information again..because clearly ya'll did not read the article...part of the deal was jay-z would also get a clothing line made through iconix brand group...the line will be called s. Carter collection....something like that...so i dont see why yall are making an issue out of it...the man is selling one brand and gettin another created...wat is the problem? shout to sp...putting people in place spitting that real talk....and sair quit all that color talk...its tired.....you talk about white this black that....white people are a huge part of our hip hop culture

^ i'm white, living in the suburbs and i love hip-hop...i don't think jay-z sold out at all...as far as the stadium he plans on building, i think he would be better off to buy a preppy faggoty country club and build it there(golf sucks and the people that go there are even worse), but he is enterprising...he still retains creative control of rocawear, gets a share of the new parent company(contingent upon performance of rocawear) and he has a new clothing line coming out, i think he made a good deal...and do you think he really give a F*ck what any of us think anyways??

White people think that they are hip butt there not.they even think they can dance.

Why ya'll so concerned with what the next man is doing? when you manifesting on your own purpose, you use successful folks to motivate you, and you're so into making your own dream happen that you don't even have time to worry about what the next man is doing!!! how will you be remembered after you're gone?

Remember people..............he is selling the"label" he did not say he was selling the company as a whole. Yes his company makes 700 mil or more a year in sales, but don't you think he will continue to have connections with the company and maybe not on a day to day bases so he can foucus on something new that he has in mine. Selling a "label" is not all bad. This might help him go to the next level. Let's think on a positive note.

Damn!!! jay i`m down with you and you should keep doing your thing...r.o.c forever

Damn!!! jay i`m down with you and you should keep doing your thing...r.o.c forever..you are the best rapper alive..

Yo jay, salute man keep on makin dough and inspire fukkaz like us to get into biz and stop hatin on yo peace.

Jayz shioould not sell the clothing line because he could make much more money off it and he would just be losing money. Me and all my friends love rocawear and we are going to continue to buy you product. Truely yours tatanisha

What it do!

As for odom006, rocawear total worth for its 8-9 year run is 800 mil. Not 700 mil a year. Its rocawear year not gucci...lol. So to sell a company that sell 30-50 mill a year for 204 mil cash is a great accomplishment.

Plus it was a merger. He sold the design and production part of the company. A wholesale brand company now runs the production and design prints. He still is major shareholder. Pretty much like bill gates and microsoft.

For sale brand new laptop for

Hi whats up i been singing for 12 years of life there's a show coming out called who's next 2 blow on upn 15 channel 2 i'll be on there singing so if your looking for singer call me at 717-5177304 thanks

Jay-z is the truth.. Nobody is on jay-z level i got all his albums #1 fan(dats me..lol) but yea doe and he got mad guap!!! it's tha roc..r.o.c!!!

Any true business person knows that business transactions are made on a "daily" basis. You do not "sit on" and "wait" for anything to happen. When it is time to increase what you already have, you invest at the moments notice (if need be). Nobody is "sitting on anything" except those who have nothing to sit on but their rear ends. Jay-z is an awesome business man who knows exactly what he is doing. He is not hardly trying to read these posts to determine what any of us think about what he is doing. He is not seeking, nor does he need to be validated by anyone here. Time is of the essence, and while sitting, watching, wondering about, and speaking on what jay-z is doing; i'm busy doing mine too. But, i'm hoping everyone here is doing something to advance and grow (daily; not, every once in a while-if at all). Wake up, stop sitting, get moving, and make ours too. Blessings upon all! dear dj durham, nc

I dont think that jay-z should sell rocca wear to kmart adn walmart because people will stop buying it. A big reason why people buy rocca wear is to stay fited in the freshest gear that cost money. If it goes to walmart and kmart and khols it will be cheap and it will no longer be a brand people wanna buy just because it was sold at walmart.

He is beast in everything he does a pure genious

Please don't sell your clothing line......it wouldn't be the same without you

Oh man ; so wutsz gunna happen ?? dis is a bad move

Salut je suis un fans de jay z .et je voudrais avoir des renseignement sur la vente de rocawear .est ce quil est vrai que jay z a vendu rocawear

One clown talks about satan the next posting is "damn muthafukka sold out"... Go hit the library or something. And i can tell you that even in germany noone wears fubu anymore, europeans have their own brands they prefer now. All "urban clothing" is wack anyway, cheap $hit made in bangladesh for 1$ a day by women and children, fat boy sizes (4xl) and all that crap ends up at overstock-stores or discount brand name retailers... The quality of the clothes is bad, some of the materials smell funny, the shoes are wack... Stick to quality brands like lacoste & such.

All u haters out there stop hating on jigga cos his the boy and u all losers get a F*ck*ng life losers . Jigga is the boy and he represinte our black comunty so F*ck ur armani