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

Posted on 4/9/13 at 7:52 pm to
Posted by bayoutiger08
Cajun Country, Louisiana
Member since Apr 2008
609 posts
Posted on 4/9/13 at 7:52 pm to
he owns 1/17 of a percent, but he and beyonce have access to a 500k a year suite plus he has a clothing store in the arena. i think jay z is a pretty good choice when it comes to making financial decision. check his track record.
Posted by Teddy Ruxpin
Member since Oct 2006
39545 posts
Posted on 4/9/13 at 7:58 pm to
quote:

I still wouldnt want my financial future in the hands of a guy with that little experience


Jay-Z doesn't strike me as someone as dumb as Master P who had a bunch of people who didn't know what they were doing. I imagine he is as successful as he is because of some natural talent and the self-awareness to seek advice from those with expertise.

If this was Lil' Wayne I'd laugh my arse off.
Posted by Ric Flair
Charlotte
Member since Oct 2005
13645 posts
Posted on 4/9/13 at 7:58 pm to
Just out of curiosity, did anyone besides Ricky Williams sign with the No Limit Agents when Master P was running that?
Posted by shel311
McKinney, Texas
Member since Aug 2004
110333 posts
Posted on 4/9/13 at 9:04 pm to
quote:

NBA GMs and Lawyers would take him to school during negotiations, unless NBA contracts are more set than i thought I still wouldnt want my financial future in the hands of a guy with that little experience
every nba agent had little experience at some point.
This post was edited on 4/9/13 at 9:04 pm
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/9/13 at 9:13 pm to
I would love to know what qualifies Jay-Z as an agent. Is an understanding of contract and sports law now not required? Unless he is actually partnering with an agency and just a figure head/attraction
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/9/13 at 9:13 pm to
Yeah, most had a law degree too.

He doesn't even have a high school diploma.
This post was edited on 4/9/13 at 9:15 pm
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26570 posts
Posted on 4/9/13 at 9:21 pm to
Damn, hes pretty smart for a guy without a hs diploma.
Posted by Lester Earl
Member since Nov 2003
278009 posts
Posted on 4/9/13 at 9:23 pm to
quote:

Just out of curiosity, did anyone besides Ricky Williams sign with the No Limit Agents when Master P was running that?



ron mercer and derek anderson from kentucky
Posted by barry
Location, Location, Location
Member since Aug 2006
50335 posts
Posted on 4/9/13 at 9:24 pm to
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.
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/9/13 at 9:25 pm to
Be good rappping. Get tons of money you can't blow it all. Create record label. Manage all your music and own rights. Manage other artist. Get half their earnings. Still get tons of money. Start clothing for other wanna be gangstas and classy urban youth. Get more money. Buy sports franchise.

How exactly do you screw that up if you're not hooked on tons of drugs?
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/9/13 at 9:27 pm to
He is the brand, his talent. He understands his market and he exploits it.

The guy is smart but lawyer he's not.
Posted by barry
Location, Location, Location
Member since Aug 2006
50335 posts
Posted on 4/9/13 at 9:28 pm to
quote:

The guy is smart but lawyer he's not.


If only he could run a sports agency AND hire lawyers.
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/9/13 at 9:29 pm to
Well that doesn't make you an agent. Makes you owning a sports marketing business.
Posted by Vicks Kennel Club
29-24 #BlewDat
Member since Dec 2010
31055 posts
Posted on 4/9/13 at 9:30 pm to
quote:

Be good rappping. Get tons of money you can't blow it all. Create record label. Manage all your music and own rights. Manage other artist. Get half their earnings. Still get tons of money. Start clothing for other wanna be gangstas and classy urban youth. Get more money. Buy sports franchise.

How exactly do you screw that up if you're not hooked on tons of drugs?

What is this garbage you are spewing? Jay-Z is worth like half a billion. He has made great decisions over the years. As he once said, "I am not a business man; I am a business, man."
Posted by BarbeTiger
Mr. White's Lab Yo
Member since Jan 2012
6179 posts
Posted on 4/9/13 at 9:31 pm to
looks like LeBron will have a new agent
Posted by bayou2003
Mah-zur-ree (417)
Member since Oct 2003
17646 posts
Posted on 4/9/13 at 9:33 pm to
quote:


What is this garbage you are spewing? Jay-Z is worth like half a billion. He has made great decisions over the years. As he once said, "I am not a business man; I am a business, man."


Damn that's a lot for a high school drop out. I can remember him making the Forbes list.
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
87324 posts
Posted on 4/9/13 at 9:34 pm to
He has all the best bergs and steins working for him

He wouldn't be negotiating he would be recruiting
Posted by beaumont livingston
Hollywood Blvd &Western
Member since Dec 2009
628 posts
Posted on 4/9/13 at 9:34 pm to
quote:

I would love to know what qualifies Jay-Z as an agent. Is an understanding of contract and sports law now not required? Unless he is actually partnering with an agency and just a figure head/attraction


pretty much the deal.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 4/9/13 at 9:54 pm to
Yeah, I think people are misunderstanding what's happening.

He's partnering with CAA. He's going to be the face/recruiter. The ones with the Ivy League degrees that work for him will handle the minutiae.



This post was edited on 4/9/13 at 9:56 pm
Posted by wildtigercat93
Member since Jul 2011
112166 posts
Posted on 4/9/13 at 9:56 pm to
quote:

every nba agent had little experience at some point.


They also had years of school and training on the subject

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