Wow.

Jay-Z is not messing around when it comes to keeping his daughter comfortable . One million dollars: that is the figure being thrown around for how much rapper Jay-Z spends annually on a nursery for his daughter, Blue Ivy Carter. Various news reports note Jay-Z, who is a part owner of the Brooklyn Nets, has spent upwards of $1 million to keep the nursery. According to Us Weekly, along with his exclusive upper-deck space, “Jay rents a luxurious basement suite for $1 million a year. It has an area for Blue filled with toys.”

The VIP multi-purpose room–the most expensive in the building–is also furnished with a champagne bar and TV screen for adults, according to Us Weekly.  The suite is just one of eleven spaces available for rent and the average cost is $55,000, according to media reports.

While the $1 million figure may seem a bit high, a recent Forbes report noted that combined Jay-Z and Beyoncé earned $78 million in a 12-month period. Still, Jay-Z has admitted that his parenting style (and purchases) will leave this children a bit spoiled.

“I imagine I’ll take things I learned from my mom and things I’ve learned from raising my nephews and apply that,” he said in an interview earlier this year. “Then at the end of the day, I just know I’ll probably have the worst, spoiled little kid ever.”

In addition, the million-dollar nursery is not the only perk enjoyed by Blue Ivy Carter. The 4-month-old has already been showered with some lavish gifts, including a $1,029 stroller from Gwyneth Paltrow, a Bob Marley onesie from Destiny’s Child member Kelly Rowland and an iPod filled with tunes specially curated by Roots drummer Questlove.

Jay-Z and Beyonce married in 2008 and appeared on stage together during his last of eight shows at the Barclays Center last fall. Jay-Z has taken an increasingly public interest in his beloved Brooklyn Nets. The rap mogul has held a number of concerts at the Barclays venue and has personally offered his take on major design elements of the arena, including the type of floorboards used for the court.