Jay-Z To Sell Stake In 40/40 Club For $44 Million

Black Superman · 08-13-2008, 12:02 PM

Multi-platinum rapper Jay-Z continues his precedent-setting business deals as he is currently in talks to sell a stake of his popular 40/40 Las Vegas nightclub for an estimated $44 million.

According to The New York Post, the iconic hip-hop superstar is currently speaking with Las Vegas Sands Corporation in regards to offering them a 50 percent stake of the club. An insider told The Post the deal could make Jay’s night spot a global attraction.

“That will make the 40/40 club in Vegas the largest sports booking operation,” the insider said. “People can gamble both at the tables and on games. The Sands will also have the right to open 40/40 clubs in London and across Europe.”

While nothing has been confirmed yet, the move seems likely as the chain has continued to grow from its 2003 New York debut to grand openings in Atlantic City, Tokyo, Macau and Vegas.

Various celebrities have been known to have big celebrations at the 40/40 spots including R&B superstar Chris Brown and NBA All-Star Lebron James who both celebrated birthdays there.

sohh

martijnlinde · 08-13-2008, 12:14 PM

realll bizznissman...

Ma$h. · 08-13-2008, 01:37 PM

Hov done it again
Nigga gonna be chasing Bill Gates money soon

Trizzle · 08-13-2008, 01:57 PM

bahahaha, after all the shit he had to deal with in that club,....it doesnt surprise me that hes gettin outta that shit....LOSER! Johnny Depps club is more successful! He doesnt want a part of it anymore you can tell....

atrboomdizzle · 08-13-2008, 04:06 PM

i wonder how many people are gonna stop goin there just because jay doesnt own it anymore

Tha Unit On Top · 08-13-2008, 07:49 PM

If it was so successful then why is he selling it? He must not be doing that well, get out while he can. But it was his name that made the club big, he can get Lebron and the stars to come cause he is jay. Just dont see why you would sell it if it was doing so good, cash out while he can.

lomafame · 08-13-2008, 08:27 PM

props , i respect that nigga Jay , from rapper to businessman that nigga is respected worlwide

GMNRecordsCT3 · 08-13-2008, 09:22 PM

Quote:

Originally Posted by Ma.

Hov done it again
Nigga gonna be chasing Bill Gates money soon

Jays all about that fast money I mean if he trynna do Gates he gone have to make billion dollar deals instead talkin that billion dollar money...

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08-13-2008, 12:02 PM	#1
Black Superman Show Time Join Date: Feb 2007 Posts: 1,588 Repped: 259 Repped 5,423 Times in 619 Posts Neg Reps: 0 Neg Repped at 11 Times in 9 Posts	Jay-Z To Sell Stake In 40/40 Club For $44 Million Jay-Z To Sell Stake In 40/40 Club For $44 Million Multi-platinum rapper Jay-Z continues his precedent-setting business deals as he is currently in talks to sell a stake of his popular 40/40 Las Vegas nightclub for an estimated $44 million. According to The New York Post, the iconic hip-hop superstar is currently speaking with Las Vegas Sands Corporation in regards to offering them a 50 percent stake of the club. An insider told The Post the deal could make Jay’s night spot a global attraction. “That will make the 40/40 club in Vegas the largest sports booking operation,” the insider said. “People can gamble both at the tables and on games. The Sands will also have the right to open 40/40 clubs in London and across Europe.” While nothing has been confirmed yet, the move seems likely as the chain has continued to grow from its 2003 New York debut to grand openings in Atlantic City, Tokyo, Macau and Vegas. Various celebrities have been known to have big celebrations at the 40/40 spots including R&B superstar Chris Brown and NBA All-Star Lebron James who both celebrated birthdays there. sohh __________________ HH Board's Top 5 or Better... Who Hotter Than Me? HIT DA REP OR CLICK THE GREEN

08-13-2008, 01:37 PM	#3
Ma$h. Veteran Join Date: Apr 2005 Location: Birmingham England Posts: 1,299 Repped: 103 Repped 28 Times in 16 Posts Neg Reps: 0 Neg Repped at 0 Times in 0 Posts	Hov done it again Nigga gonna be chasing Bill Gates money soon __________________

08-13-2008, 01:57 PM	#4
Trizzle Trappin..[]D [] []v[] []D Join Date: Jan 2005 Location: 'Cuse-town, NY.. Posts: 4,022 Repped: 545 Repped 365 Times in 163 Posts Neg Reps: 249 Neg Repped at 141 Times in 110 Posts	bahahaha, after all the shit he had to deal with in that club,....it doesnt surprise me that hes gettin outta that shit....LOSER! Johnny Depps club is more successful! He doesnt want a part of it anymore you can tell.... __________________ "Weed is from the earth!; God put this here, for me AND you!,..take advantage man!..take advantage!" "While the wicked stand confounded, call me with thy saints surrounded!" Go See; The Boondock Saints 2: All Saints Day!

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08-13-2008, 12:14 PM	#2
martijnlinde G-g-g-g-g Join Date: Feb 2004 Location: The Netherlands Posts: 6,669 Repped: 4,608 Repped 5,502 Times in 773 Posts Neg Reps: 355 Neg Repped at 291 Times in 182 Posts	realll bizznissman...

08-13-2008, 04:06 PM	#5
atrboomdizzle Join Date: Feb 2005 Location: The Island Posts: 311 Repped: 47 Repped 8 Times in 6 Posts Neg Reps: 2 Neg Repped at 0 Times in 0 Posts	i wonder how many people are gonna stop goin there just because jay doesnt own it anymore

08-13-2008, 07:49 PM	#6
Tha Unit On Top BISD November 23rd Join Date: Jul 2006 Location: New Jersey Posts: 5,196 Repped: 640 Repped 2,457 Times in 353 Posts Neg Reps: 78 Neg Repped at 123 Times in 85 Posts	If it was so successful then why is he selling it? He must not be doing that well, get out while he can. But it was his name that made the club big, he can get Lebron and the stars to come cause he is jay. Just dont see why you would sell it if it was doing so good, cash out while he can.

08-13-2008, 08:27 PM	#7
lomafame Join Date: May 2006 Location: New York Posts: 941 Repped: 256 Repped 43 Times in 15 Posts Neg Reps: 50 Neg Repped at 4 Times in 4 Posts	props , i respect that nigga Jay , from rapper to businessman that nigga is respected worlwide