JAY Z PAYS $100,000 AFTER LOSING BET

It's safe to say Jay Z is a man of his word.

After losing a boxing-related bet to Oscar De La Hoya, the rapper apparently paid the former pro boxer $100,000, TMZ reports.
The celebrity news site previously reported that Jay bet De La Hoya $100,000 that Miguel Cotto (of Roc Nation Sports) would beat boxing superstar Canelo Alvarez during their match this past weekend. Well, Alvarez won, which means Jay had to fork over the cash.

TMZ confirms that the "99 Problems" rapper did so right away. They spoke to De La Hoya, who said he received the money and put it toward helping people at a Los Angeles hospital.