According to Yahoo Sports, entertainment mogul Shawn “Jay-Z” Carter is selling his stake in the Brooklyn Nets in order to become a sports agent.
Jay-Z owns less than 2 percent of the Nets but he has become the face of the organization and has a been a huge part of the franchise’s commercial success.
He is planning on completing the sale before the June NBA draft. Last week, Jay-Z announced Roc Nation Sports which is teamed with Creative Artists Agency.
The first big signee was New York Yankees second baseman Robinson Cano.