Archive for the 'Sports' Category
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)
The deal isn’t done yet, but it appears to be in motion. Interestingly enough, ESPN’s Darren Rovell reports here that, contrary to previous reports and this statement, Jay is yet to sell his stake in the Nets.
The NFL Players Association is said to be launching an investigation into the deal that brought Jets QB draftee Geno Smith to Jay-Z’s Roc Nation Sports. Under NFL rules, only NFLPA-certified sports agents are allowed to be involved in the recruitment of prospective clients and Jay’s involvement in closing the deal with Smith is now coming under increased scrutiny.
Although Smith’s adviser John Thornton told CBS Sports, “It really all came down to who he was most comfortable with. I was in those meetings and Jay-Z connected with him on many levels”, he later claimed that he was misquoted. Since Jay is not a certified agent, his presence in those meetings would be a clear violation of league rules. It didn’t help that Smith Instagramed the above picture a few days before his deal with Roc Nation Sports was announced.
Image via NESN
Previously: Roc Nation Sports Signs Jets QB Geno Smith
Jay-Z’s Roc Nation Sports has signed a deal to represent recently drafted Jets QB Geno Smith. Well, possible future QB if he can convince them he’s worth a contract and then beat out Mark Sanchez for the job (which shouldn’t be too hard). Smith famously dismissed his previous agents after his draft stock tumbled and he was passed over in the first round of the NFL Draft. According to the NYDN, Smith claims that Jay-Z’s attachment to the company played “not that big of a role” in his decision to sign with the firm, and that lucrative marketing deals are not his first priority. Which of course is him pretending that football is the only thing on his mind:
“The only thing that’s important to be is the image that is perceived around this lockerroom, the guy that I am to my teammates, to my coaches and the work that I put in on the football field,” Smith said. “I’m all about football. I’m all about getting better and that’s the one thing that I’m focused on: Better myself daily and prepare myself to be there when the time comes.”
Rocky sits down with Canadian sportscaster Cabbie Richards on his TSN show Cabbie Presents. They talk about Rocky’s Lebron co-sign, his resemblance to Didier Drogba, losing to Snoop in FIFA 13 and more.
Earlier today, Jay-Z unveiled his new sports management venture Roc Nation Sports with the announcement of their first signee, All-Star Yankees second baseman Robinson Cano.
Roc Nation Sports will be a joint venture with the sports division of talent management juggernaut Creative Artists Agency, a company which already counts superstar athletes Carmelo Anthony, Dwayne Wade and Sidney Crosby amongst its roster of clients.
Reporting on the venture, Forbes.com raised the interesting question of whether Jay’s minority stake in the Brooklyn Nets will result in a conflict of interest should the new firm seek to represent current NBA players.
Hit the jump for the full press release detailing the Cano signing.
50 Cent makes an appearance on ESPN’s First Take to talk about his relationship with Floyd Mayweather Jr., Mayweather ducking Manny Pacquiao, what boxing could learn from MMA and his upcoming album.