Last week Jay Z recruited the first athlete to Roc Nation Sports, but
according to NFLPA rules, he can’t recruit another player until he
obtains an undergraduate and post graduate degree.
An interesting wrinkle arose on Friday regarding the emerging
relationship between CAA and Jay-Z’s new firm, Roc Nation. Based on
rules passed by the NFLPA in 2012, Jay-Z can’t recruit players to sign
with CAA unless Jay-Z becomes an NFLPA-certified agent.
The concerns emerged because rival agents see the obvious problem
with having Jay-Z recruit Giants receiver Victor Cruz to sign with CAA.
The NFLPA reportedly has no problem with the connection, given Jay-Z’s
established friendship with Cruz. Moving forward, however, Jay Z won’t
be able to help close deals with CAA unless he’s certified.
The
situation becomes even more challenging if Jay-Z doesn’t have an
undergraduate degree. It’s unclear whether any exemption is available if
he lacks that credential.
Source: Eben Gregory
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