This is classic Jay. Knowing that he's under a watchful eye. People just can't seem to believe that he really has all that he has. He is the one who really started with the Cristal in the club, the sports cars, the yachts, the women, the chains, the money. He really had it and put it in his videos BEFORE anybody, period. Nowadays when you see somebody with all that in their videos it's rented.
On "A Million and One Questions" Jay-Z says from the perspective of an interviewer "Can you really match a triple platinum selling artist buck for buck by only a single going gold" Meaning did Jay really make as much money selling 500,000 singles as an artist selling 3 million albums? Yes, he did, if not more. This was due to the joint venture he set up with Def Jam.
He also says on the Go Crazy (Remix) "While Puff was in the tub spillin Mo (Moet), I was at my video, Cris (Cristal) on the speedboat. In my lifetime nigga, go do research, St. Thomas my nigga, that was me first"
But to get to the real killer in this line where he talks about Spike Lees. Spike Lee directed a film called 25th Hour about a man who is enjoying his final day of freedom before he goes to jail to serve a long term sentence for drug trafficking. Jay-Z in this quote is "baggin up at the Ramada", in other words, preparing to sell the drugs.
In addition to the movie reference, Jay is also saying that he has the best seats everywhere. On a flight, he's first class. At the game, he's courtside. There is also another person who is very famous for having good seats, particularly at Knick's basketball games. Spike Lee

