Jay-Z will make a "major announcement" about the Barclays Center and the team that will soon call it home, the Brooklyn Nets, on Monday at 10 a.m.
A press conference will be held on the plaza outside Atlantic Terminal, across the street from the .
Jay-Z is scheduled to be joined by Brooklyn Borough President Marty Markowitz, Forest City Ratner CEO Bruce Ratner and Barclays Center CEO Brett Yormark.
As of Friday noon, representatives of the operator of Barclays Center, Brooklyn Sports and Entertainment, were keeping mum on the latest development.
The Bed-Stuy native is a part-owner of the Nets and a longtime advocate of moving the team from its current home at the Prudential Center in Newark to Brooklyn.
Back in March, a spokesman for the Nets announced that would go on sale in the fall. The luxury boxes range in price from $215,000 to $450,000.
Tickets for the Nets first season in Brooklyn in 2012-13 are already on sale.