<P> Jay - Z appeared in a 2003 Reebok collection advertising his S. Carter Collection . </P> <P> Jay - Z has also established himself as a successful entrepreneur with a business empire spanning a variety of industries from clothing lines, beverages, real estate, sport teams, and record labels . In an interview, he stated that "my brands are an extension of me . They're close to me . It's not like running GM, where there's no emotional attachment ." Jay - Z and Damon Dash are the founders of the urban clothing brand Rocawear . Rocawear has clothing lines and accessories for men, women and children . The line was taken over by Jay - Z in early 2006 following a falling out with Dash . In March 2007, Jay - Z sold the rights to the Rocawear brand to Iconix Brand Group, for $204 million . He retains his stake in the company and continues to oversee the marketing, licensing and product development . He also co-owns the 40 / 40 Club, an upscale sports bar that started in New York City and has since expanded to Atlantic City and Chicago . In 2008, the 40 / 40 club in Las Vegas was closed down and bought back by the hotel after attendance steadily declined . Future plans will see 40 / 40 Clubs in Tokyo and Singapore . In 2005, Jay - Z became an investor in Carol's Daughter, a line of beauty products, including products for hair, skin, and hands . In September 2013, his stake in Barclays Center was sold for $1.5 million . </P> <P> Jay - Z serves as co-brand director for Budweiser Select and collaborates with the company on strategic marketing programs and creative ad development . He provides direction on brand programs and ads that appear on TV, radio, print, and high - profile events . He is also yet to expand his 40 / 40 Club sports bar in as many as 20 airports, as he makes deals with his business partners, Juan and Desiree Perez . He is a part - owner of the Brooklyn Nets NBA team, having paid a reported $4.5 million for his share, which declined in value to $350,000 in April 2013 . He encouraged the team's relocation to Brooklyn's Barclays Center (from New Jersey) in the 2012--2013 season, at which point the team took on the Brooklyn Nets moniker . In October 2005, he was reported in English media as considering buying a stake of Arsenal F.C., an English soccer team . He has also invested in a real estate development venture called J Hotels which recently acquired a $66 million mid-block parcel in Chelsea, New York . Jay - Z and his partners are contemplating constructing a high - end hotel or an art gallery building on the newly acquired site which has the potential to go up about twelve stories . Through his conglomerate company Gain Global Investments Network LLC, he had an interest estimated between 2 and 7% in the Aqueduct Entertainment Group (AEG) consortium, which in January 2010 was awarded a contract to operate a 4,500 slot machine racino at the Aqueduct Race Track . Jay - Z became interested in the project after New York Governor David Paterson who awarded the contract said there had to be an affirmative action component to the ownership . Jay - Z initially approached by casino mogul Steve Wynn who was also bidding on the contract . On March 9, 2010, Jay - Z and Flake withdrew from the project and Paterson recused himself from further involvement . </P> <P> On November 16, 2010, Jay - Z published a memoir entitled Decoded . </P>

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