Jay-Z to Sell Nets to Expand Sports Rep Business

Rapper/producer Jay-Z owns a portion of the Brooklyn Nets. However, Jay-Z this year launched a new sports representation venture called Roc Nation Sports. This could become a conflict of intrest if th...
Jay-Z to Sell Nets to Expand Sports Rep Business
Written by

Rapper/producer Jay-Z owns a portion of the Brooklyn Nets. However, Jay-Z this year launched a new sports representation venture called Roc Nation Sports. This could become a conflict of intrest if the rapper were to ever represent NBA players.

Yahoo Sports is reporting that Jay-Z is now looking to sell off his share of the Nets to expand Roc Nation into representing basketball players. The NBA Players Association requires that certified agents not be owners of any NBA team.

Jay-Z founded Roc Nation in early April, and he is rumored to be planning on becoming a certified sports agent. The agency has already signed New York Yankees second baseman Robinson CanĂ³.

The report cites unnamed sources as saying Jay-Z’s sell-off should be complete in time for Roc Nation to sign players in the NBA draft this June. The sources also mentioned that other sports agents are becoming “anxious,” believing that Jay-Z’s fame and marketing resources could lue players to Roc Nation.

(Image courtesy Mikamote/Wikimedia Commons)

Subscribe for Updates

Newsletter

By signing up for our newsletter you agree to receive content related to ientry.com / webpronews.com and our affiliate partners. For additional information refer to our terms of service.
Get the WebProNews newsletter delivered to your inbox

Get the free daily newsletter read by decision makers

Subscribe
Advertise with Us

Ready to get started?

Get our media kit

Advertise with Us