Following Funkmaster Flex’s recent tirade against Jay Z, rumors are circulating that the hip-hop mgul is going for the ultimate revenge… purchasing popular New York radio station, Hot 97.
According to a report by MediaTakeOut, notoriously known for its rumor mill, a source claims Jay is in serious talks to purchase the station.
“According to a ROCK SOLID SOURCE – Shawn ‘Jay Z’ Carter along with a group of investors that includes NY Knicks star Carmelo Anthony are currently NEGOTIATING TO BUY Hot 97 radio station,” writes the site. “Talks are still early, but we’re told that both sides have HIRED LAWYERS and INVESTMENT BANKERS – and are serious in getting a deal done.”
Whether this rumor proves to be true remains to be seen.