Jay-Z Starts New Sports Agency

by Nate Wooley | April 3, 2013 11:30 am

Jay-Z[1]Superstar rapper Jay-Z is launching his own sports agency and has his first high-profile client.

The star — famous for his music and his marriage to Beyonce — has founded Roc Nation Sports and signed New York Yankee Robinson Cano, The New York Times reports[2].

By signing Cano — who was represented by the powerful Scott Boras — Jay-Z has made a strong statement about the new firm. The rapper has long been a friend and adviser to music and sports stars around the world and can now leverage those friendships into his growing business empire.

In addition to being a music star, Jay-Z is an entrepreneur as well. Roc Nation Sports adds to Jay-Z’s list of ventures that includes representing music stars, a partial ownership in the NBA’s Brooklyn Nets, nightclubs, fashion lines and even video games.

“What a Jay-Z brings to the table is an ability to connect with the athletes in a way that a player agent who came up as a lawyer or accountant never will,” Marc Ganis, president of SportsCorp, says.

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  1. [Image]: https://investorplace.com/wp-content/uploads/2012/08/Jay-Z1.jpg
  2. The New York Times reports: https://investorplace.com/2013/03/10-celebrities-dating-billionaires/
  3. 10 Celebrities Dating Billionaires: https://investorplace.com/2013/03/10-celebrities-dating-billionaires/
  4. Lohan Can’t Fulfill Terms of Plea Deal: https://investorplace.com/2013/03/lohan-cant-fulfill-terms-of-plea-deal/
  5. Watch Out! Mila Kunis Is in Stocks!: https://investorplace.com/2013/03/watch-out-mila-kunis-is-in-stocks/

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