Will Jay-Z actually represent clients of his newly built sports agency Roc Nation Sports in contract negotiations?
Ron Berkowitz, a spokesman for Roc Nation Sports, confirmed to ESPN.com that, as of this week, Jay-Z is now licensed to work as an NBA agent. Juan Perez, president of Roc Nation Sports, also is now certified with the National Basketball Players Association.
The news was first reported by the Sports Business Journal.
What's not clear is how soon Jay-Z actually can represent players. A source close to the situation said that, as of Wednesday, the hip-hop mogul had not sold his small share (less than 1 percent) of the Brooklyn Nets.
Industry speculation is Jay-Z might be able to sign players as long as he agrees to pass off his share of the Nets in the near future. Owners of NBA teams cannot represent players.