- (Photo: REUTERS/Lucy Nicholson)
Shawn "Jay-Z" Carter, the music mogul who recently made headlines for plans to become a sports agent, may have trouble signing NFL players without a college degree.
Jay-Z is reportedly in talks to sell his share of the Brooklyn Nets, the NBA team in which he owns 1/15th of a percentage. The move is putting the rapper-turned-businessman in the position to start his new sports management company called Roc Nation Sports, according to Forbes reports.
After Jay-Z made headlines for his reported interest in signing NFL wide receiver Victor Cruz, reports surfaced with some restrictions that may prevent him from signing players in the league. Although the rapper's sports management company is affiliated with mega firm CAA, the National Football League Player's Association must certify him as an agent.
Another requirement for new agents in the league calls for sports agents to hold a postgraduate degree, something that the rapper does not possess, NBCSports.com reports. Although it is unclear whether or not the NFLPA will bypass some of their restrictions to accommodate Jay-Z, the rapper has already been working to sign players in other sports leagues.
Robinson Cano, New York Yankees second baseman, announced that he would sign on with Jay-Z's company earlier this month.
"At this point in my career, I am ready to take a more active role in my endeavors on and off the field," Cano said in a statement obtained by ESPN earlier this month. "I am confident that the pairing of Roc Nation Sports and CAA Sports will be essential in helping me accomplish my short- and long-term goals. I am making this important decision now so I can keep my focus on helping the Yankees succeed in 2013, while minimizing any distractions for me and my teammates."