Jay-Z to sell stake in Brooklyn Nets to concentrate on Roc Nation Sports

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Jay-Z will be leaving Brooklyn soon. Several days after announcing a new music deal with Universal, Jay-Z has decided to step away from the Brooklyn Nets. Jay-Z will sell his percentage of the Nets to become a sports agent. Although he only owned about 1 percent of the team, he was positioned as a key figure in the marketing of the Nets move from New Jersey to Brooklyn.

With the creation of Roc Nation sports, Jay-Z has teamed up with Creative Artists Agency to form the sports agency. CAA will handle the negotiations and contracts while Jay-Z handles the marketing and branding of players. The company’s first major signee was Robinson Cano of the New York Yankees.

A.R. Shaw
A.R. Shaw

A.R. Shaw is an author and journalist who documents culture, politics, and entertainment. He has covered The Obama White House, the summer Olympics in London, and currently serves as Lifestyle Editor for Rolling Out magazine. Shaw's latest book, Trap History, delves into the history and global dominance of Trap music. Follow his journey on Twitter @arshaw and Instagram @arshaw23.



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