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Jay-Z Launches Sports Agency. Signs N.Y. Yankess All-Star Robinson Cano [Pic]

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#1 Mr Terrific

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Posted April 02, 2013 - 10:57 AM

Jay-Z's business empire continues to expand. The Brooklyn, New York born and raised rapper has gone from street hustler to being one of the most respected businessmen in America with a net worth of $475 million according to Forbes.

 

His investments in the Brooklyn Nets, Roc-A-Wear, Roc Nation and Carol's Daughter have paid off handsomely. Now Hov has now partnered with Creative Artists Agency to launch Roc Nation Sportsa full-service sports management company, reports USA Today.
 

"Because of my love of sports, it was a natural progression to form a company where we can help top athletes in various sports the same way we have been helping artists in the music industry for years," said Jay in a statement.
 

 

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RNS has already landed it's first big client. They convinced New York Yankees All-Star second baseman Robinson Cano to fire long time sports agent Scott Boras to sign with their company.
 

"At this point in my career, I am ready to take a more active role in my endeavors both on and off the field," said Cano. "I am confident that the pairing of Roc Nation Sports & CAA Sports will be essential in helping me accomplish my short- & long-term goals."
 

 

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The first order of business for Roc Nation Sports will be to ink Cano to a new contract. His current one expires after this season.

 

http://www.thisis50....l-star-robinson


Edited by Mr Terrific, April 02, 2013 - 11:01 AM.

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#2 bigfetz

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Posted April 02, 2013 - 01:17 PM

Seems like he got bored with the nets. 



#3    

   

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Posted April 02, 2013 - 02:21 PM

Would love to hear Scott Boras' reaction towards this.


yo.


#4 Mr Terrific

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Posted April 02, 2013 - 04:05 PM

I don't follow Baseball at all but this story caught my interest.

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#5 Mr Terrific

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Posted April 02, 2013 - 04:07 PM

Seems like he got bored with the nets. 


The Nyets got Deron 'Coach Killa' Williams

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#6 TKainZero

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Posted April 12, 2013 - 12:19 AM

Isn't it illegal for a sports owner to also be an agent?
Does jay z think he is completely above the law?
Or is he?

#7 Mr Terrific

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Posted April 14, 2013 - 12:40 PM

Brooklyn Nets lose big name, as Jay-Z sells stake in team

 

  • Nets%20Jay-Z%20Basketball_Angu.jpg?ve=1

    In this Nov. 26, 2012, file photo, rap mogul and Brooklyn Nets minority owner Jay-Z and his wife, Beyonce, watch an NBA basketball game between the Nets and the New York Knicks at Barclays Center in New York. Jay -Z is selling his stake in the Nets so he can become certified as a player agent, possibly before the end of the season. (AP)

NEW YORK – The Brooklyn Nets are losing one of their biggest names as they prepare for the playoffs.

Jay-Z owned just a little piece of the team, but was a large presence when the franchise changed homes and identities this season.

The rap mogul is selling his stake in the Nets so he can become certified as a player agent, possibly before the end of the season. The process is underway, with paperwork already filed, a person with knowledge of the details said Wednesday.

NBA rules prevent anyone from being involved in ownership and player representation.

Yahoo Sports, which first reported Jay-Z's plans, said his Roc Nation company has partnered with Creative Artists Agency (CAA) and hopes to compete for players in this June's NBA draft.

Jay-Z owns less than 1 percent of the Nets, but has had a major impact with the franchise's move to his hometown. He had input and in some cases complete control of everything from the interior of the $1 billion Barclays Center to the design of the team's black-and-white uniforms, which he debuted himself during his run of eight sold-out concerts in September that served as the debut of the arena.

A spokesman for Jay-Z, whose real name is Shawn Carter, did not respond to a message.

Friendly with LeBron James and a number of sports superstars, Jay-Z could quickly make Roc Nation a force in the agency field. The company recently signed New York Yankees All-Star Robinson Cano. The Nets hoped his reputation and friendships would help them three years ago when James led a loaded field of free agents, but the Nets, then playing in Newark, failed to land any of them.

Jay-Z attended only a handful of games this season, but his affiliation with the franchise provided a necessary buzz for its first season in Brooklyn. He sat in his courtside seat next to wife Beyonce in November when the Nets beat the Knicks in their first matchup as New York rivals, providing the trash talk afterward when he tweeted that the city was under new management.

The Nets have clinched their first playoff berth since 2007 and are in position to have home-court advantage in their first-round series



 http://www.foxnews.c.../#ixzz2QTMiWjU6


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