Rumors circulate that Jay Z is part of a group of investors negotiating the purchase of HOT 97.
We've seen a lot of tension between Jay Z and HOT 97 over the last few days. Now new rumors are circulating that Jay Z is in talks to buy the radio station along with a group of investors.
The " rock solid source" for the news was acquired my MediaTakeOut, not exactly known for being a "rock solid source" themselves, but it wouldn't be the first time they've broken a story.
The source also names New Nork Knick Carmelo Anthony as part of the group in negotiations to purchase HOT 97 while Radio personality, Ebro acknowledged the rumors on Instagram today, but his post suggests he's probably just up to his usual troll-like behavior.
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