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re: Jay-Z to sell his ownership in Nets & become a NBA agent

Posted on 4/9/13 at 10:09 pm to
Posted by TigerStripes06
SWLA
Member since Sep 2006
30032 posts
Posted on 4/9/13 at 10:09 pm to
quote:

Hope he plans on having a guy to do the contract negotiations for him


Yeah, you're probably right. He is obviously terrible at making people rich.
Posted by jturn17
Member since Jan 2011
4978 posts
Posted on 4/9/13 at 10:20 pm to
quote:

They also had years of school and training on the subject

lol Not quite. Plenty of agents are business students in undergrad and never go to law school. Most law schools are lucky if there's even a Sports law class offered. Sure there's obviously contract law, but it's not like there's some agent specific stuff. And how often are there even contract law disputes had within the sports community? Rarely.

If you want to become an agent, all you have to do is pass the certification test and be able to convince someone they should trust you. That's it.
This post was edited on 4/9/13 at 10:21 pm
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 4/9/13 at 10:38 pm to
quote:

He has all the best bergs and steins working for him

He wouldn't be negotiating he would be recruiting


this.

and its going to work.
Posted by wildtigercat93
Member since Jul 2011
112322 posts
Posted on 4/9/13 at 10:41 pm to
I officially give up on this thread
Posted by Na Mean
This is me yo.
Member since Mar 2013
2954 posts
Posted on 4/9/13 at 10:54 pm to
quote:

lol Not quite. Plenty of agents are business students in undergrad and never go to law school. Most law schools are lucky if there's even a Sports law class offered. Sure there's obviously contract law, but it's not like there's some agent specific stuff. And how often are there even contract law disputes had within the sports community? Rarely.


Truth.
Posted by WITNESS23
Member since Feb 2010
13722 posts
Posted on 4/9/13 at 11:08 pm to
Lebron and Jay

GOAT
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61224 posts
Posted on 4/9/13 at 11:29 pm to
quote:

Why would Jay Z be an agent, its not like he knows anything about branding....oh wait. Some ignorant people in here. Business isn't rocket science.


Contract negotiations do not equate to branding. All Jay-Z needs from branding is money to get his ideas off the ground. In contract negotiations he will have someone actively trying to defeat him. This isn't the streets, Jay-Z should sit this one out iMO before he starts to look dumb. He's already done a shite ton for someone with almost zero education.
Posted by FeechLaManna
Member since Oct 2012
118 posts
Posted on 4/9/13 at 11:34 pm to
He is partnering with CAA for contract negotiations, he'll be the recruiter/public face
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61224 posts
Posted on 4/9/13 at 11:39 pm to
quote:

lol Not quite. Plenty of agents are business students in undergrad and never go to law school. Most law schools are lucky if there's even a Sports law class offered. Sure there's obviously contract law, but it's not like there's some agent specific stuff. And how often are there even contract law disputes had within the sports community? Rarely.

If you want to become an agent, all you have to do is pass the certification test and be able to convince someone they should trust you. That's it.



These are the top agents right? Rosenhaus, Boras...many of the best agents went to law school. Law school gives you practice in the art of negotiation that makes you successful.


I don't think Jay-Z feels like negotiating Kosta Koufos and James Jones.
This post was edited on 4/9/13 at 11:40 pm
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422428 posts
Posted on 4/9/13 at 11:39 pm to
quote:

In contract negotiations he will have someone actively trying to defeat him.

well this IS the NBA we're talking about. if he gets high profile guys, he has all the power

i doubt he'll negotiate shite, but he may be used to get players to take certain deals at the 11th hour

the NBA has pretty set contracts and ranges...this isn't MLB or even the NFL, where contracts are more wide open
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422428 posts
Posted on 4/9/13 at 11:41 pm to
quote:

They also had years of school and training on the subject

is there an agent school i'm not aware of?
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61224 posts
Posted on 4/9/13 at 11:42 pm to
And if this player is a Dwight Howard type? Or any player that may want a franchise to make personnel changes or cultural changes ? WIll he understand how to manipulate teams to achieve that goal since he is likely to only represent MAX guys who are the franchises pieces?
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61224 posts
Posted on 4/9/13 at 11:48 pm to
If I am an NBA agent, I do not want Jay-Z to become an agent. It would totally cheapen the profession in my mind IMO. I hope he didn't just wake up today and say "oh I think I want to be an NBA agent now!"., WTF.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 4/9/13 at 11:49 pm to
quote:

And if this player is a Dwight Howard type? Or any player that may want a franchise to make personnel changes or cultural changes ? WIll he understand how to manipulate teams to achieve that goal since he is likely to only represent MAX guys who are the franchises pieces?



Once again, he's partnering with an existing agency for branding purposes.

LINK

quote:

According to the report, Jay-Z will let CAA's player agents handle things like contract negotiations and normal basketball duties, but use his part to build things like global marketing plans and business ventures.


He's not suddenly going to be devoting his life to helping Andrew Bynum get hotel reservations for his next vacation or dogsitting for Chris Bosh or locking himself in a room for 12 plus hours to hammer out contract details with the Raptors GM.

Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61224 posts
Posted on 4/9/13 at 11:51 pm to
quote:

Once again, he's partnering with an existing agency for branding purposes.



Good. I didn't read.
Posted by jturn17
Member since Jan 2011
4978 posts
Posted on 4/9/13 at 11:58 pm to
quote:

These are the top agents right? Rosenhaus, Boras...many of the best agents went to law school. Law school gives you practice in the art of negotiation that makes you successful.
Are you in law school? Or know anyone who has been? What you learn about negotiations in law school you could learn by reading "Getting to Yes." This idea that you need to be a lawyer to be an agent is kind of silly. I hope people keep thinking it because maybe it'll give me a voodoo mind trick over these players after I pass the bar.

Edit: The toughest job an agent has is selling himself to prospective clients and their families. If you can do that you can be an agent.
This post was edited on 4/10/13 at 12:13 am
Posted by Na Mean
This is me yo.
Member since Mar 2013
2954 posts
Posted on 4/10/13 at 12:21 am to
You're in law school too?
Posted by Wooly
Member since Feb 2012
13851 posts
Posted on 4/10/13 at 12:31 am to
quote:

owns less than 1 percent of the Nets


never would have guessed that with the way he talks about it
Posted by castorinho
13623 posts
Member since Nov 2010
82026 posts
Posted on 4/10/13 at 12:43 am to
quote:

If I am an NBA agent, I do not want Jay-Z to become an agent. It would totally cheapen the profession in my mind IMO. I hope he didn't just wake up today and say "oh I think I want to be an NBA agent now!"., WTF.


Wtf
Posted by jturn17
Member since Jan 2011
4978 posts
Posted on 4/10/13 at 1:02 am to
quote:

It would totally cheapen the profession in my mind IMO.
Do you know who LeBron James' agent is currently? Rich Paul, a nobody Honestly, I'm surprised more of these low level guys don't just represent themselves. If you're signing for the league minimum anyway, why give 3% to someone else?
This post was edited on 4/10/13 at 1:03 am
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