Jay-Z x The New Jersey Nets. Who has time to launch a video game empire, when you have a basketball team to move? The Sporting News confirms that Jay-Z’s Nets are still on track to move to Brooklyn for the 2011-2012 season.

New Jersey Nets CEO Brett Yormark said the team is committed to moving to Brookyln in time for the 2011-12 season, according to Bloomberg News.

“We’ll be there for the ‘11-’12 season. We’ve pre-sold 20 percent of our suites.” Yormark said in a report published on Friday. “We’ve got eight of our 14 founding partnerships already completely signed. Next week, we’ll announce our ninth.”

Perfect timing for LeBron to come in when he is up for free agency after the 2010 season. And do I hear a Hova Arena in the works? Via: RR (who is killin it by the way)

• Jay-Z planning long career in Hollywood as actor & producer
• Jay-Z’s “Secrets For Personal Success” article
• Jay-Z plans to get into video game industry
• The Blueprint to Jay-Z’s BP3 Marketing Campaign
• Trick Daddy’s book “Magic City” set to release next year