Jay-Z is arguably one of the most successful people in hip hop with a net worth of $500 million, the epitome of a drug dealer making it big. His success is widely accounted for by his popular record label Roc Nation.

Jeezy also was a trapper who turned to rap, he also founded a record label (CTE World, which had signed Gibbs, and recently inked a deal with Roc Nation, and his name even sounds the same as Jay’s!
But Gibbs claims that Jeezy will never amount to the success Jay-Z has achieved in his career, he’s just a puppet in the music industry, with no power or influence.

Scottie Pippen and Michael Jordan won 6 NBA championships together in the 90’s as members of the Chicago Bulls.

After winning the NBA championship for the third straight year in the 1992-1993 season with the Chicago Bulls, Michael Jordan retired from basketball to start a career in baseball. However, in March 1995 he officially announced his return to the NBA. In his first game back at Madison Square Gardens against the New York Knicks on March 28th 1995, the Bulls beat the Knicks with Michael Jordan scoring 55 points (double nickel).

http://www.youtube.com/watch?v=UBJGGlFQKZk

Subtle reference to Busta Rhymes (Who appears later on the song) and to Flipmode Squad, a hip hop group founded by Busta Rhymes.

The Ummah was a production trio that consisted of Q-Tip, J-Dilla and Ali Shaheed Muhammad. Together, they produced Tribe’s fourth and fifth albums, Beats, Rhymes and Life and The Love Movement.

In an interview with HipHopDX, Common had given an insight to this line.

Aw man! That line is… that line is just sayin' that sometimes reality will try to interfere with your dreams. But you have to let those dreams soar above that reality that exists right at that moment. Because really, the dream is the prize. When they say “keep your eyes on the prize,” the dream is the prize. The dream is the vision of where you’re gettin' to. You might not be there right at that moment, but you just have to see the dream, and you’ll get there. You just have to see it. The “rocks of reality” sometimes seem to crash the dream. But you gotta know, on the rocks of reality, the waves gonna keep it goin'. Don’t let it split the whole dream. That’s basically what I would say to somebody who references that lyric now – the dream still goes on. Dream on.

This is a reference to the character Jason Vorhees in the horror movie franchise Friday The 13th. Jason drowns at Camp Crystal Lake as a child and years later terrorizes people that visit the camp. O.C. compares himself to Jason and his victims are weak MC’s, and so he plans to get rid of them.

A humorous ending to a serious real life event, Prince Paul had made the album A Prince Among Thieves in 1999, a year prior to the release of Like Water For Chocolate. A Prince Among Thieves is a concept album that is widely acclaimed for its in depth storyline and writing. Towards the end of the skit you hear the officer pausing frequently trying to think of words to say and so suggests employing Prince Paul to write something new.

A ten minute video of the album was also made to conceive the album as a short film.

http://www.youtube.com/watch?v=U-guxZPyxrY