According to the New York Daily News, the hip-hop mogul made the decision to end their relationship, not Meneilly.
However, other sources said the split was finalized months ago and it was mutual.
Neither party has commented on the report.
"Not much is known about John Meneilly, though he's been one of Jay-Z's most trusted managers and business advisors for years now, brokering all kinds of power moves in the upper echelon of the Roc Nation world
Read more: http://www.ballerstatus.com/2014/05/28/jay-z-splits-longtime-manager-john-meneilly/#ixzz337HNcHU4