Hov Sells Las Vegas 40/40
by on August 27th, 2008
After only a year of business in sin city, Brooklyn rapper Jay-Z has decided to sell the 40/40 sports bar located in Las Vegas, after allegedly failing to make any profit since it first opened in 2007.
Despite the decision to sell the bar, Jay-Z and his partners have no plans to give up the naming rights of the sports bar, and still plan on expanding the franchise around the world.
In a statement released today (Wednesday Aug 27) Hov stated "The sale is a great business decision; we are delighted. We look forward to expanding the brand even further to Chicago and Tokyo."
Details about the price of the sale for the 40/40 club in Las Vegas has not yet been disclosed.




























I’m quite sure he and his financial advisors sat down and crunched the numbers multiple times and decided they could make a helliva lot more by selling the BAR but keeping the rights to the name!
Shit…all bars and food services companies DREAM OF FRANCHISING THEIR BRAND!
That’s where the REAL MONEY IS AT!
~Be Eazy!
on a side note how funny is al sharpton throwin up the roc!!!
but he loves gettin money, cant blame em
Top 5 in his class! A true “goon”!
I’m not gonna argue any farther with you because you obviously don’t understand anything I just said. LMAO @ Hov needing to step his game up!
Don’t talk about finances when you don’t even know how they work pal.
50 got his cash from that Vitamin Water deal, and if that had not happened, he probably wouldn’t be living in CT no more.
HOV is still the richest. Dude is worth like 800 mill, and will be rap’s first billionaire.
50 WAS worth 100 mill like 2 years ago. Matter of fact, Diddy, Russell, Dre, Em, and Cube are worth more than 50.
Do the research first before stating false info.
Matter of fact, heres just one source.
http://weblogs.newsday.com/sports/basketball/knicks/blog/2008/08/
/> got_4_billion_burning_a_hole_i.html
And no major deals? IDK dogg, I mean isnt this article about how he sold the 40/40 club? And do u remember the LiveNation deal worth 150 mill?
ReDef.
guy is an true success story
check out my review on The Game’s L.A.X. on my bball and rap blog
http://hamexpress.net/2008/08/29/lax-the-game/
Jay-z Dope boy fresh nice chess move …I’m on the outside lookin in…!!!
Real MOB moves….stay tighht my nig