Originally written on Pass The Pill  |  Last updated 11/10/14
credit: http://style.mtv.com 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.
MORE FROM YARDBARKER

Jets call themselves the best 3-12 team in NFL history

Cam Newton calls out 'classless' Panthers fans

Report: 49ers to part ways with Harbaugh after season finale

Brad Stevens shoots down rumors he's headed to Hoosiers

Jameis Winston cleared in code of conduct case

Sherman: Patrick Peterson would be benched on Seahawks

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Fans struck by lightning after Buccaneers-Packers game

Report: Philip Rivers playing through painful back injury

Report: Bears could have interest in Jim Harbaugh

Report: Shanahan interested in coaching next season

Report: Michigan has its eye on several NFL coaches

Report: Titans, Jay Cutler have mutual interest in trade

10 takeaways from NFL Week 16

Tony Romo leads Dallas Cowboys to NFC East title

Ole Miss QB arrested after fighting, threatening bouncers

WATCH: Marshawn Lynch's ridiculous TD run

WATCH: Steelers' Gay draws flag for taunting teammate

WATCH: Three players ejected after Giants-Rams fight

WATCH: Dominic Raiola stomps on Bears player's ankle

WATCH: Arian Foster throws TD pass, drops scoreboard taunt

WATCH: Johnny Manziel leaves with injury after taking big hit

NHL has warned 22 players about diving

Nick Mangold wears NYDP hat to honor fallen officers

Five things we learned from the first day of bowl games

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.

Jets claim to be best 3-12 team ever

10 takeaways from NFL Week 16

Cam Newton calls out 'classless' Panthers fans

Raiola stomps on Bears player's ankle

Bears interested in Jim Harbaugh?

Shanahan to return to 2015?

Browns interested in drafting Mariota?

Mullen wears funny Christmas sweater

RG3 returning to Redskins?

Tom Izzo hot after bad loss

Kings, Nets talking Deron Williams trade

WATCH: DeSean mocks Eagles

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.