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Monday night, Brooklyn’s Barclays Center hosted the Sports Illustrated Sportsperson of the Year ceremony. The honorees included Michael Phelps and, the face of the NBA, LeBron James. Bron’s big homie Jay Z presented him with the award.

While presenting the award, Hov paid tribute to the NBA champion on not only his success on the court but also all the great charity work off the court.

Jay also did what he does best and took a obvious not so subliminal jab at New York Knicks President Phil Jackson. The jabs came from the recent comments he made referring to LBJ’s business partners as a a ‘Posse.’ Hov took a moment to talk about how LeBron is “The son who honors and worships his mother Gloria. The friend who put his posse in position,” emphasizing the controversial word with a smile. He continued:

“We know where we come from. We do understand where we come from, and the only difference between us and someone who has their MBA from Wharton or Sloan or Berkeley or Stanford is opportunity. LeBron James has provided his friends with that opportunity. And as we witness their development, and if we’re looking up at the scoreboard, very few businessmen are better than Maverick Carter, Rich Paul, Randy Mims, and all the rest of the posse behind the scenes that make it look like they’re just hanging out.”

Hov’s speech can be found in full below, starting at the 1:43:30 mark.