According to Page Six, running Def Jam was a paycut. Jay-Z made more money being an entrepeneur, than President of the label. Page Six says, "Jay is focusing on opening five more 40/40 clubs," a source said about Jay's sports club which originated in New York. "He opened Las Vegas on New Year's and up next are LA, Miami, Chicago, London and Houston. He's also looking for hotel space in New York. He wants to open a chic, boutique hotel called The Jay. He just didn't have time to be president of Def Jam." A rep said, "Mr. Carter is still considering several opportunities." That's what I call a paycut!
No comments:
Post a Comment