It appears that Jay-Z is making a major move to further ingrain himself into the sports world.
Yahoo! Sports has reported that Jay-Z is looking to divest himself from his less-than-one percent ownership share of the Brooklyn Nets.
The Nets, the National Basketball Association, and the newly-formed Roc Nation Sports have declined to comment on the matter.
The news comes one week after Roc Nation announced its partnership with Creative Artists Agency (CAA) to launch a sports representation agency that has secured New York Yankees player Robinson Cano, and has reportedly secured representation rights with the New York Giants’ Victor Cruz.
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To become an NBA agent, Jay-Z would be required to sell his share of the Nets, as no one affiliated with a player representation company may have an ownership stake with an NBA team.
The report indicates that rival agents are “anxious” about the prospect of Jay-Z being involved as an agent, because his celebrity status can offer unique marketing and business opportunities.
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