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.


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