Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA Losing Revenue Sharing Could Cut A's Payroll More 'Canes Allowed To Withhold Some Financial Figures TFC Becoming MLS' Premier Franchise? Rockets Hire E-Sports Front Office Exec Orioles To Keep Season-Ticket Prices Flat Blackhawks Reward Fans For Watching At Bars A's Ballpark Talks To Pick Up Pace With New CBA? 76ers Postpone Game Due To Moisture On Court
SBD/April 10, 2013/Franchises
Jay-Z Reportedly Will Sell Nets Share In Order To Represent NBA Players
Published April 10, 2013
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THE RAINMAKER: CBSSPORTS.com’s Royce Young wrote the question is “really what CAA's involvement is here.” CAA is “one of the biggest agencies in the world," representing Clippers G Chris Paul, Knicks F Carmelo Anthony, Heat G Dwyane Wade, Spurs G Tony Parker and Heat F Chris Bosh, among others. Young: “Will Jay-Z's Roc Nation Sports inherit those clients, or will he basically serve as a recruiter for future players?” That was "essentially Jay-Z's role with the Nets anyway.” He “sits courtside and makes the franchise way cooler.” Either way, it has to “send a chill down the spine of rival agents.” Jay-Z has “massive influence and his name and brand will be a draw to players everywhere” (CBSSPORTS.com, 4/9). SI.com’s Ben Golliver wrote there “aren’t many magnets for young talent" quite like Jay-Z, whose “popularity is enormous and whose brand is so closely associated with financial success” (SI.com, 4/9).