A traditional hashtag-rap comparison: Lebron James and Dwyane Wade aren’t the fuck niggas in question here—they’re the basketball stars whose well-known balling skills are a handy point of comparison for how proficiently Ace dismisses idiots, jerks, nobodies, etc.

Lebron and Dwyane have been used as simile fodder in other rap songs, of course, most notably by Jay-Z:

If Jeezy's paying LeBron, I’m paying Dwyane Wade
― Jay Z (Ft. Alicia Keys) – Empire State of Mind

Even the nickname “Bron-Bron” has been heard before.

A lovely, sneakily clever pairing: “immigrants” are the bugbear of many conservative politicians and pundits, but the mention of Native Americans — who inhabited the country long before it was a nation — reminds us that those Americans who are most anti-immigration don’t have a very solid claim to nativeness either

A direct callback to the late Guru’s legendarily slow-clap–worthy cultural commentary in the 1994 Gang Starr track DWYCK

Kool A.D. nails the stream-of-consciousness vibe of the allusion, but one could argue that this statement actually makes too much sense to be a true homage

Chuck’s real first name is “Che” (like he told us).

This is also a reference to Nas, in “The World is Yours”:

Odds against Nas are slaughter

Asking Copywrite to appear on your track, where he will inevitably outshine and embarrass you, is as foolish as paying somebody $5,000 to cut you up

Of course, only congenitally perverse Germans pay people to mutilate them

The French actually drive on the same side of the road as we do here in the U.S., but I guess it’s close enough to England for our purposes. “Like I’m in Penzance” probably would have been too obscure

All hallmarks of the Nation of Islam (The Final Call is a newspaper founded by Louis Farrakhan in 1979).

The bean pie Jay is saying is the one Followers of the Nation of Islam sold to raise funds for the group, the pie is also known as “Muslim pie”.

Bow Tie is a reference to Elijah Muhammad and Louis, both wore them in most of their lives even in situations were it wasn’t required.
[even family guy portrayed Farrakhan that way ]

On Jay as a five-percenter and admirer of NOI: Jay seems to be creating a contrast between this religion and the next line’s Christianity and Judaism. At the same time he criticizes the fanatics, the ones who only care about church, work, and fundraising.