Jay-Z‘s push into sports management may have seemingly come out of nowhere, but the hip-hop mogul has made huge strides in just a few short months. According to the Sports Business Journal, Jay-Z has become an officially licensed NBA agent as of this week. That means that Jay will be able to recruit, sign and negotiate on behalf of new NBA clients going forward.
Up to this point, Jay-Z’s Roc Nation Sports Management has been partnered with the Creative Artists Agency, who handled much of the negotiating while Roc Nation agreed to officially focus on branding and promotions. This move is big for Roc Nation Sports, as there have been rumors over the past week that the agency could land Oklahoma City Thunder superstar, Kevin Durant.
There is still the matter of Jay’s owning a small ownership stake of the Brooklyn Nets, which he has reportedly held onto despite selling most of his share back in April. According to ESPN.com sources, he still has to get rid of that share.
Once that matter is resolved, Jay will be free to sign players to his agency.
He has already landed New York Giants receiver Victor Cruz, Jets rookie quarterback, Geno Smith, WNBA rookie, Skylar Diggins and Robinson Cano, of the New York Yankees.
