What would you like to know?
Share this Story

Sports agent Jay Z scores client $240 million

Jaclyn is an Idaho native who currently lives in Milwaukee. Having worked in radio, TV and as a newspaper reporter, she is an avid pop culture and news junkie. She also has a passion for photography and cooking (but is still learning to ...

Not a bad start

Jay Z shocked everyone when he decided to completely change career paths and become a sports agent. But it looks like his new path is off to a very good start.

Jay Z

Jay Z is off to a good start as a sports agent. Although it could have ended much, much worse.

Beyoncé and Jay Z are going vegan — but only for 22 days >>

SportsCenter is reporting that the rapper has helped his client, baseball player Robinson Cano, score $240 million over 10 years with the Seattle Mariners. But the news comes after reports Jay Z almost ruined the deal with the Seattle team.

According to the New York Daily News, the Mariners walked out on negotiations Thursday night after Cano's new agent reportedly asked the team for a 10-year, $252 million deal.

The newspaper said the team had wanted an eight-year, $200 million deal with the second baseman. Cano said he would accept if they agreed to nine years and $225 million. But then Jay Z's team came in and said they wanted $252 million.

Mariners chairman and CEO Howard Lincoln reportedly exploded after the request and left the room, and was not planning to reopen negotiations. But they did so Friday morning, which led to the $240 million contract.

In comparison, the Yankees had made Cano an offer of seven years, and a contract of between $160 million and $170 million, but did not hear back from Jay Z after saying they would not be paying him $200 million.

Jay Z premieres new video for "Holy Grail ft. Justin Timberlake" on Facebook >>

"We think that Robbie Cano is a great player," Yankees president Randy Levine told USA Today Sports before the Mariners deal. "We made him what we think is a very competitive serious and very fair offer. We understand he has a right to test the market. We hope he remains a Yankee."

The reported deal is a victory for Jay Z, who only recently decided to embark on his new career as a sports agent. The rapper and and his company Roc Nation were certified back in June, after giving up his stake in the Nets, a team he helped bring to his hometown of Brooklyn, New York.

There is no word on Roc Nation's commission for the deal, but it shows Jay Z means business and will likely be thought of as a serious contender in the sports world.

Photo credit: WENN.com
Tagged in
Recommended for You
Comments
Hot
New in Entertainment
Close

And you'll see personalized content just for you whenever you click the My Feed .

SheKnows is making some changes!