The 40/40 Clubs are named after a rare achievement in baseball, when a player hits 40 home runs and steals 40 bases in a single season. Barry Bonds, Alex Rodriguez, Jose Canseco and Alfonso Soriano are the only major-league players to attain that mark. The original 40/40 Club opened in New York in 2003 and will undergo a complete renovation next year.
Jay’s many other business ventures include his Roc Nation organization, a partnership with LiveNation that includes a record label, management, music publishing, touring and merchandising; his Rocawear clothing company, which he sold to Iconix in 2007 but remains CEO; a 1.5 percent investment in the New Jersey Nets; and investments in the Fela! musical, the Carol’s Daughter cosmetics company, and the New York restaurant the Spotted Pig and the building in which it is located, along with other real estate holdings. Earlier this year the New York Post published a detailed look at Jay’s business world.
The rapper is partnering with hospitality company Delaware North in the venture.