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Follow the Nets' return to New York with Newsday's Rod Boone.

Jay Z: 'My job as an owner is over'

Jay-Z performs at the "Made In America" music

(Credit: AP)

Jay Z is making it official.

The hip hop icon, who owns 1/15th of 1 percent of the Nets, acknowledged he's selling his stake in the team to pursue his venture to become a full-fledged sports agent with his start up agency, Roc Nation Sports.

Jay Z, whose real name is Shawn Carter, wants to start accumulating NBA clients and league rules prohibit someone from representing players and...

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