After the University of Kentucky men’s basketball team clinched their sport in the Final Four, they were congratulated by Jay-Z in the locker room… but hanging with Hova comes at a price and has prompted an NCAA investigation. Under NCAA regulations, NBA owners are not allowed to interact with collegiate athletes. Because Jay-Z is co-owner of the New Jersey Nets he is prohbited from having any contact with amateur athletes.
In 2007, Boston Celtics GM Danny Ainge was fined $30,000 for sitting with then University of Texas star freshme Kevin Durant’s mom. Lucky for Jay-Z, $30,000 is nothing!