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Jay-Z Auctions Autographed Nets Jersey on NBA Site

Rapper Jay-Z performs at the Barclays Center in Brooklyn on Sept. 28, 2012. He is wearing one of his classic jerseys, which is now being auctioning off. Photo by Evan Agostini/Invision/AP

Rapper and entrepreneur Jay-Z is auctioning some of his autographed #4 Brooklyn Nets jerseys on the NBA website. The bidding started on Wednesday and will continue to Halloween, according to GQ.com.

All proceeds will go to the Shawn Carter Foundation — which helps families facing socio-economic hardships further their higher education by awarding students with college tuition, according to its website.