Found April 09, 2013 on
Pass The Pill:
Although he owns a very small share of the Brooklyn Nets, hip-hop superstar Jay-Z is one of the most identifiable owners in sports. His success in the rap game and interest in sports makes him a very popular guy amongst professional athletes, including the great LeBron James.
Recently, news came out that Jay-Z is looking to enter the sports representation industry. Well, it looks like this is a serious move, as Jay-Z is now selling his ownership in the Brooklyn Nets to begin the process. Via Yahoo:
Entertainment mogul and rapper Jay-Z has started the process of divesting his small share of ownership with the Brooklyn Nets to extend his Roc Nation Sports representation business into basketball, sources told Yahoo! Sports.
Jay-Z will have to divest his share of the Nets to become certified as an NBA agent. (USA Today Sports)Jay-Z – whose real name is Shawn Carter – owns less than 1 percent of the Nets, but has been a central public figure in the franchise’s marketing and move from New Jersey to Brooklyn.
Selling his share of the Nets is a necessary prelude for Jay-Z to obtain his National Basketball Players Association certification as an agent.
NBA rules mandate that no one individual affiliated with a player representation company can have an ownership stake with an NBA team.
Jay-Z’s Roc Nation company has partnered with Creative Artists Agency (CAA) to launch a sports representation business that recently secured New York Yankees star Robinson Cano.
Jay-Z was barely even an owner of the franchise, but he was one of the more identifiable faces around.
It will certainly be interesting to see how his venture into the agency world goes. His popularity will certainly help him, and already locking in baseball All-Star Robinson Cano is a nice start.
This seems to be something he is taking very seriously, so we’ll see how he does. I’m sure existing NBA agents have to be at least a little nervous.
-Mark Evans, Assistant Manager/Editor of Content
Follow us on Twitter
The post Jay-Z Selling Ownership In Brooklyn Nets appeared first on Pass The Pill - Kings of Hoops.
BEST OF MAXIM
LeBron James simply defies logic at times.The latest evidence of this fact came Tuesday night as the Miami Heat played host the Milwaukee Bucks.Midway through the first quarter, and with the Heat clinging to a 15-4 lead, James gets the ball in transition and proceeds to head toward the basket. It appears as if James had intentions to pass, but at the last moment he chose not to,...
It's that time of year when your favorite NBA star will be doing one thing... KEEPING THE BENCH WARM for their fellow teammates, as one NBA fan found that out the hard way.Before Wednesday night's game the Miami Heat had against the Washington Wizards, it was announced that the Heat's three top stars [LeBron James, Dwyane Wade, and Chris Bosh] wouldn't be playing...
LeBron James continues to prove he is a clever, dynamic and ridiculously strong basketball player, especially after Tuesday night’s assist-rebound-dunk highlight.
James, who is seeking his second consecutive MVP season, showed how athletic he really is in one play: a self alley-oop. The 6-foot-8, 250-pound specimen found himself in the midst of a fast break with Norris Cole and...
Scenes from LeBron James’ Game 7 performance against the Boston Celtics in the 2012 Eastern Conference Finals is featured in the first of a series of ‘We Are All Watching’ commercials anticipating the 2013 NBA Playoffs which start April 20.
In the 1st quarter of last night’s game LeBron James had an assist to himself. On a fast break James was caught mid-air so he threw a pass off the backboard. James than caught the ball of the backboard and threw down the rebound.
James finished the game with 28 points, and 7 rebounds.
Russell Westbrook is so athletic as a point guard, and last night those skills were on display...
Early on in the Miami Heat’s game against the Milwaukee Bucks, LeBron James set the tone for the game with this sick dunk. James wanted to pass the ball to Mike Miller but the defender had been waiting for it, so LeBron was caught in the air with no where to go. This left him with no choice but to throw the ball off of the backboard and then go up and dunk it home for the highlight...
LeBron James simply decided to throw a pass off the backboard to himself for a monster dunk, because he can.
The NBA playoffs are 12 days away and the NBA began showing its promo video over the weekend. The video features several NBA players displaying their dance skills with Will.I.Am to his song “Power.” Things to be on the look out for; Joakim Noah’s booty shake, Kobe Bryant’s non-dancing- I’m fairly certain Kobe has zero skills in that area- and Will.I.Am’s fake dunk…...
Ray Allen scored 23 points, LeBron James and Dwyane Wade chilled at the end of the bench, and the Miami Heat's B-squad gave the resting A-team the gift of home-court advantage throughout the playoffs Wednesday night, clinching the best record in the NBA with a 103-98 victory over the Washington Wizards.
With James (right hamstring) and Wade (sprained ankle and bruised knee)...
WASHINGTON (AP) -- No Big Three -- plus no Udonis Haslem -- for the Miami Heat against the Washington Wizards.
Coach Erik Spoelstra said LeBron James, Dwyane Wade, Chris Bosh and Haslem would all miss Wednesday's game.
James is still fighting a strained right hamstring, even though he scored 28 points in the Heat's 94-83 win over the Milwaukee Bucks on Tuesday night.
MIAMI The publicity-starved Milwaukee Bucks are trying. Theyre attempting to add some spice to what looks to be a drab first-round playoff series.Milwaukee, entrenched as the No. 8 seed in the Eastern Conference, is all but assured of facing the No. 1 Miami Heat. The Bucks have been talking about how they match up well with the Heat, a team they have split the past eight meetings...
The Miami Heat are on the verge of clinching home-court advantage throughout the playoffs, but it's unclear who will be on the court for their first attempt.
With their lineup likely changing from game to game until the end of the regular season, the Heat will also try to set the franchise's single-season victories record and snap the Washington Wizards' lengthy home...