Jolly Ol' Jay-Z

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NEW YORK (Jay-Z Fan Website) - Jay-Z played Santa this Christmas by handing out $10,000 worth of toys to children in the Marcy Projects in Brooklyn. The rapper also gave food & donations to needy families in the area. Maybe all those good deeds will finally pay off for the jigga.

Jay-Z's wish of owning the New Jersey Nets is close to a reality according to his fansite. The investment group that he is a part of upped their $275 million dollar bid, with the hopes of moving the team to Brooklyn.