Only two weeks have passed since Jay-Z officially announced that he is no longer part of the Brooklyn Nets organization, and he's already getting involved in another sports-related project. Hov's Roc Nation is reportedly part of a larger group that's bidding on the right to help redevelop Nassau Coliseum in Long Island. In a somewhat ironic twist, the NHL's Islanders will be moving out of the 40-year-old Nassau Coliseum in 2015 and moving into the Barclays Center in Brooklyn, which will leave it vacant. Jay-Z & Co. are interested in the obtaining the property and renovating it.

Nassau County is expected to decide whether or not to sell the space to the group this summer. Stay tuned.

RELATED: Jay-Z Is Launching Roc Nation Sports and Will Begin Representing Pro Athletes Like Robinson Cano

[via NBC New York]