OG Juan Perez was born in Harlem. He met Jay Z in the year of 1996 and they instantly connected. They both shared a passion for sports and this would be the foundation for their joint business ventures beginning in 2003. Together they opened a string of sports bars throughout New York City. The first of these clubs was the 40/40 club. What started in New York City would grow over the next decade with several more openings in Las Vegas, Brooklyn, Atlantic City and Atlanta.
During Juan Perez’s 50th birthday, Jay Z reportedly spent over $100,000 for the two day celebration. This hefty tab included $13,000 on dinner, $9000 on drinks and a whopping $91,000 overall at the night club. Sources close to him say the night began in midtown with lobster and steak dinners followed by a restaurant-nightclub located in Inwood. To end the night Perez, Jay Z and a group of close friends made their way to Playroom Nightclub. Here they partied until the morning time accumulating over 40 bottles of Ace of Spades champagne. This night club was The most expensive part of birthday bash.
The tab of the champagne totaled $74,000 and with tax plus gratuity summed it up to $91,005 total. A hostess took a picture of the receipt and posted it on Snapchat, it quickly went viral. A generous team, they not only enjoyed the bottle service for themselves but shared with numerous other tables in the nightclub. OG Juan Perez and Jay Z have a business relationship more than 20 years old. Their bond over music and sports has propelled them in all of their business ventures.
Their Roc Nation Sports endeavors has been one of the most lucrative and successful overall. With a roster of high profile athletes they continue to make their mark in sports and in business. Combining entertainment and sports was a major move for the two. These two pillars have stood separate for a long time but no businessmen had ever joined the two, an innovative more for sure. Their approach with their sports agency is the same as their approach with music. They aim to elevate athlete’s careers on a global level on and off the field.