Jay-Z Lost $1,000 Bet to Playboy Editor

Thu, 22 March 2007 12:00:00 ET

Jay-Z has paid the editor of Playboy magazine $1,000 in cash after the rapper bet him he would never come out of retirement.

The hip-hop mogul offered Rob Tannenbaum 50-1 odds that he would never, ever, come out of his self-imposed retirement, and snatched a $20 from the editor of the iconic adult magazine when the wager was made four years ago.

When Jay-Z released "Kingdom Come" last year it marked his official return to the music scene and the editor called the rapper's assistant to remind him of their bet.

Tannenbaum revealed to the New York Post newspaper: "Jay-Z is a man of his word. Last week, a messenger delivered ten crisp $100 bills from Jay-Z's office. I just bought a plasma TV with the money, and the first thing I'm going to watch on it is a Jay-Z video."