Some may argue that Jay Z is no longer a rapper, but has fully made the transition of going over to the dark side to become a full on businessman, which is a fair statement about a guy who sold his share in the Brooklyn Nets to become a licensed sports agent. Not that there’s anything wrong with that- there’s way more money and career security in the entertainment industry as a whole rather than just being a recording artist these days.
According to a report from Billboard, Shawn Carter was actually close to welcoming Prince’s musical assets into his Roc Nation family and was in the running to manage the late singer’s catalog in the weeks following his death last April.
Jay’s Roc Nation was in attempt, but ultimately came up short to be the venture chosen to manage the late singer’s musical catalog. TMZ has also emerged with Jay’s actual business pitch to Prince and/or his estate, which can be viewed here.
To add insult to injury, Prince’s estate is suing Jay’s other business venture, TIDAL, over copyright infringement, claiming he’s using a chunk of the late singer’s highly profitably catalog without permission. The ongoing legal dispute is how the findings of Jay's attempt to cash in on Prince's passing were discovered.