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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).