Music Artist, Fashion Mogul and now Super Sports Agent,
Jay-Z has established himself has one of the most influential figures in the
world today. Through his developed relationships with athletes across multiple
sports, Jay-Z has now established Roc Nation Sports to begin his mark on the
sports industry.
According to his website, “Life and Times.com”, Jay-Z is set
to sell his ownership percentage of the Brooklyn Nets back to the team. The
ownership is only about one percent of the teams total, which is valued at
$350,000 according to Forbes.com. Jay-Z stated; “My job as an owner is
finished, it was never about ownership, it was about the Nets and
Brooklyn”. With his high profile persona
and developing relationship with superstars across all sports, Jay-Z’s presence
amongst the Nets staff was just enough to lure the then “New Jersey Nets”, to
Brooklyn.
For the first time in 50 years not only does Brooklyn have a
professional team within the borough but, they have a winning team with a
winning owner now #1 fan in Jay-Z. Roc
Nation Sports is now the main focus on the Mogul’s radar. Since the NBA hinders
owners to have agent relationships with the players, Jay-Z saw an opportunity
to expand his brand and company. The artist/businessman has already signed
young superstar Robinson Cano who is the second baseman of the New York
Yankees.
With his already established music career, “Rocawear”
fashion line and renowned “40/40” sports bar clubs across the country, why not
sports business as well. By already signing Robinson Cano away from a powerful
sports agent, Scott Boras, Jay-Z looks to embark in a new venture and multiply
on his success. The artist recently debuted his response to critics who’ve
commented on his decision to leave the “Nets” organization in a song titled
“Open Letter”. With a history of
defeating all odds and achieving success in nearly every venture, sports seems
like a “no-brainer” for the business mogul.


