jayz david ortiz Jay Z Solves One Problem Only 98 To Go.....One of Jay-Z’s “99 Problems” has been resolved.  The “New York Daily News” says the rap great has reached a settlement in his lawsuit with Boston Red Sox star David Ortiz. 

The two were set to meet in Manhattan Federal Court on Tuesday, but the hearing was canceled at the last minute after “Hov” and “Big Papi” reached an agreement.  Jay-Z’s attorney says the “case has been settled in principle,” noting they still need to “reduce it to writing.” 

The lawsuit will be dismissed within 30 days of the submission of the written settlement. 

Jay-Z and David Ortiz’s legal beef started last April when Jay alleged that Ortiz stole the name of his 40/40 sports bar to start his own club in the Dominican Republic.  Jay-Z originally sought five-million-dollars in his lawsuit against Ortiz.

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