Jay-Z has accomplished a lot in his career, but his latest feat has him feeling like he's living the American dream.

The 43-year music mogul and entrepreneur says returning a sports franchise to the New York City borough of Brooklyn convinced that anything is possible in America.

"Yeah I think I'm the American Dream. The whole thing, land of the free, home of the brave. That whole thing that you could come here and pull yourself up by the bootstraps, like that whole thing what America has always put up to the world that we represent. I feel that. Yes, I've lived that."

Jay made the comments at the launch party for the upcoming NBA 2K13 video game, where he acted as the game's executive producer.

Growing up poor in Brooklyn, Jay says as a child he dreamed of glory on the basketball court.

"You know the three-two-one; oh he hits the winning shot. But no one was ever on the court saying 'I was gonna own the Knicks.' Yes, it's way beyond any of my wildest dreams."

Now he is part owner of the Brooklyn Nets and instrumental in moving the franchise from New Jersey.

Brooklyn Nets forward Kris Humphries walked the red carpet and gave his boss a glowing review but he did not want to talk about his boss' friend Kanye West, who is currently dating his ex-wife Kim Kardashian.