Jonny Fastlane report: Michael Rubin, JAY-Z, Meek Mill, Lil Baby and more buy Mitchell & Ness for $250 Million

If you want to get into contact with me the best way to do it is on Instagram. If you just want to say what up, if you want to tell me you love my videos - you can tell me that you hate my videos but the best way to do that is on Instagram. Peace y’all, Jonny Fastlane here. So, Michael Rubin, JAY-Z, Meek Mill and a bunch of other people buy Mitchell & Ness. Let’s talk hip-hop!

So, JAY-Z just bought Mitchell & Ness. Not just JAY-Z. Michael Rubin, his company Fanatics bought Mitchell & Ness. They bought 75 percent of it and JAY-Z, Lil Baby, Meek Mill and a few other individuals also purchased the other 25 percent of Mitchell & Ness and y’all know Mitchell & Ness. They’re the name brand that does the throwback jerseys and back in the early 2000’s they were popping. They had the jersey dresses for the ladies and everything.

Mitchell & Ness was popping so it’s dope - this company is based in Philly and I guess Michael Rubin probably always had his eye on it and now that it’s ‘only’ worth $250 million dollars, it’s available and affordable for him to purchase along with a few other people. So I think it’s fire.

Michael Rubin put out a statement, he said he loves Mitchell & Ness and he thinks it has a lot of potential in the future. JAY-Z also put out a statement and he said he’s one of the people that helped Mitchell & Ness become so popular from back in the day and he’s happy to help it become popular again. So it’s pretty dope I mean these niggas stay getting money. But let me know what y’all think about this in the comments section.