The Sports Business Journal and ESPN report that Jay-Z is now officially licensed as an NBA agent and from this week forward is authorized to meet and negotiate with prospective clients. Jay is widely expected to sign Kevin Durant to Roc Nation Sports, but that can only happen once he divests his interest in the Brooklyn Nets, which contrary to previous reports, he has not yet done.
Industry speculation is Jay-Z might be able to sign players as long as he agrees to pass off his share of the Nets in the near future. Owners of NBA teams cannot represent players.
Read: Jay-Z now a licensed NBA agent (ESPN)