Apr 9, 2013, 5:40 PM EDT
Jay-Z has 99 problems but soon the Nets won’t be one.
It was rumored a few weeks ago that athletes from baseball and football — Robinson Cano of the Yankees, for one — were about to jump agents to Roc Nation Sports, a Jay-Z headed representation agency that is partnered with powerhouse Creative Artists Agency.
Jay-Z wants to gets some basketball players in that stable of clients, but first he has to take some other steps and has started the process, reports Adrian Wojnarowski at Yahoo Sports.
Entertainment mogul and rapper Jay-Z has started the process of divesting his small share of ownership with the Brooklyn Nets to extend his Roc Nation Sports representation business into basketball, sources told Yahoo! Sports….
Selling his share of the Nets is a necessary prelude for Jay-Z to obtain his National Basketball Players Association certification as an agent. NBA rules mandate that no one individual affiliated with a player representation company can have an ownership stake with an NBA team.
Jay-Z would not be the guy handling the contract negotiations or day-to-day of the agency, that falls to the CAA agents. However, what he brings in terms of marketing connections is impressive. Plus he’d be a recruiting force in an already cutthroat business.
Jay-Z owns less than one percent of the now Brooklyn Nets. However, he had great influence in the color scheme and uniform design for the Nets — back and silver with an old-school classic logo — as well as designing some high-end luxury suites at the Barclay’s Center in Brooklyn.
He’s supposed to have a buyer and process in place so his agency can go after players in this year’s NBA Draft.
And if you’re a 19-year-old guy out of college and Jay-Z gets on the phone with you, says he loves your game and says he wants to rep you, what do you think the answer is?
Sep 15, 2014, 1:07 AM EDT
Mark Price worked with him last summer too and it had limited effect.
Sep 14, 2014, 10:00 PM EDT
“If he wanted to leave, there’s no reason to talk to him about it,” Rubio said.
Sep 14, 2014, 8:30 PM EDT
Sep 14, 2014, 6:59 PM EDT
The celebration was more entertaining than most of the game.
Sep 14, 2014, 5:18 PM EDT
With the win the USA is automatically qualified for the 2016 Rio Olympics.
Sep 14, 2014, 5:00 PM EDT
Lots of Paul Pierce and Shaun Livingston, both of whom left Brooklyn this summer in free agency.
Sep 14, 2014, 3:30 PM EDT
It’s a long shot, but he’s at least got his foot in the door somewhere.
Sep 14, 2014, 2:00 PM EDT
Vonleh will miss all of the preseason, and his new head coach believes that will cost him an early opportunity to enter the rotation.
Sep 14, 2014, 12:30 PM EDT
It was obvious that Australia threw the game against Angola to try to avoid Team USA in the tournament for as long as possible.
Sep 14, 2014, 11:00 AM EDT
Hayward attended training camp, but didn’t make the final cut to be a part of the 12-man roster.
Sep 14, 2014, 9:30 AM EDT
Anthony can thrive in the triangle — if he moves the ball.
Sep 14, 2014, 8:00 AM EDT
Serbia looks on paper to be just another speed bump between the USA and gold.
Sep 13, 2014, 11:00 PM EDT
Rose has averaged 5.4 points per game on 27.3 percent shooting.
Sep 13, 2014, 9:30 PM EDT
Grizzlies last team to make a serious run at him.
Sep 13, 2014, 8:00 PM EDT
Bronze was a quality finish for the defending European champions.
Sep 13, 2014, 6:30 PM EDT
Read the entire letter from Atlanta’s new CEO, which details plans on how he intends to change the team culture.
Sep 13, 2014, 5:00 PM EDT
Plenty of Boris Diaw.
Sep 13, 2014, 3:30 PM EDT
Anthony was very direct in his assessment of the racially insensitive remarks made by the team’s GM and ownership.
Sep 13, 2014, 2:00 PM EDT
Team USA has won its last three games by an average of 31 points.
Rudy Gay upset over ‘dirty play’ that caused him to suffer a fractured jaw in Team USA’s win over Lithuania
Sep 13, 2014, 12:30 PM EDT
DeMarcus Cousins caught an elbow too, and the teams had to be separated once the game was over.
- USA celebrates gold medal with lots of dancing (except Derrick Rose) 8
- Too much World Cup MVP Kyrie Irving for Serbia to handle as USA wins gold easily 129-92 18
- FIBA World Cup USA vs. Serbia preview: Serbia no pushover but Americans should grab gold 4
- France beats Lithuania to win World Cup bronze 6
- Carmelo Anthony says nobody would want to play for Hawks 20
- Rudy Gay upset over ‘dirty play’ that caused him to suffer a fractured jaw in Team USA’s win over Lithuania 17
- Serbia holds off furious French comeback, wins to advance to gold medal game vs. USA 4
- Hawks GM Danny Ferry releases statement on his leave of absence, apologizes again 6