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Author: Scarinci Hollenbeck, LLC|November 13, 2013
Jay Z May Have Broken Sports Agent Law
Rapper turned sports agent Shawn Carter, better known as Jay Z, is being investigated by the Major League Baseball Players Association for a potential violation of sports law.
The MLBPA is alleging that Carter purchased Robinson Cano – one of his clients – a $33,900 watch, which might have been a breach of the union’s agent regulations. If found in violation, Carter is expected to face undisclosed discipline.
The specific regulation states that “no Player Agent or Application shall provide, cause to be provided or promise to provide, any money or any other thing of value to any player, or any person related to or associated with such player, the purpose of which is to induce or encourage such player to use or continue to use any person’s firm or firm’s services as a Player Agent, Representative, or Draft Advisor,” according to ESPN.
This isn’t Carter’s first run in with a player’s association of a major sports league. Earlier in the year, the NFLPA investigated the rapper for a possible violation of the “runner rule,” which allows only certified sports agents to recruit players. The investigation was centered around Carter’s recruitment of New York Giants wide receiver Victor Cruz, but it was found that no violation occurred.
“We are aware of the relationship between CAA and Roc Nation,” NFLPA spokesman George Atallah said in a statement. “We sent a formal inquiry to CAA asking them about their recruitment of players, in particular Victor Cruz. Both CAA and Victor responded. No violations in recruitment were found.”
Geno Smith’s signing to Carter’s Roc Nation Sports came under fire as well, but nothing resulted from that situation either. It appears as though Carter has a long road ahead of him in the sports agent world, but his star power alone may be enough to draw potential clients.
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Jay Z May Have Broken Sports Agent Law
Author: Scarinci Hollenbeck, LLC
Rapper turned sports agent Shawn Carter, better known as Jay Z, is being investigated by the Major League Baseball Players Association for a potential violation of sports law.
The MLBPA is alleging that Carter purchased Robinson Cano – one of his clients – a $33,900 watch, which might have been a breach of the union’s agent regulations. If found in violation, Carter is expected to face undisclosed discipline.
The specific regulation states that “no Player Agent or Application shall provide, cause to be provided or promise to provide, any money or any other thing of value to any player, or any person related to or associated with such player, the purpose of which is to induce or encourage such player to use or continue to use any person’s firm or firm’s services as a Player Agent, Representative, or Draft Advisor,” according to ESPN.
This isn’t Carter’s first run in with a player’s association of a major sports league. Earlier in the year, the NFLPA investigated the rapper for a possible violation of the “runner rule,” which allows only certified sports agents to recruit players. The investigation was centered around Carter’s recruitment of New York Giants wide receiver Victor Cruz, but it was found that no violation occurred.
“We are aware of the relationship between CAA and Roc Nation,” NFLPA spokesman George Atallah said in a statement. “We sent a formal inquiry to CAA asking them about their recruitment of players, in particular Victor Cruz. Both CAA and Victor responded. No violations in recruitment were found.”
Geno Smith’s signing to Carter’s Roc Nation Sports came under fire as well, but nothing resulted from that situation either. It appears as though Carter has a long road ahead of him in the sports agent world, but his star power alone may be enough to draw potential clients.
