Is Jay Z ditching rap for sporting dollars?
One of the world’s most successful rappers, Jay Z, is said to be dumping music to become a sports agent. So if you were anticipating an album release anytime soon, put those expectations on hold.
According to IBTimes UK, Jay Z, whose real name is Shawn Carter, was celebrating his 46th birthday in style when he made the surprise announcement that he was quitting the music industry.
Just like his wife, Beyoncé, Jay Z is notoriously competitive in the music and money spheres. The Brooklyn native has spent 20 years working to become one of the most successful rappers in history, but has never hidden his intentions of delving into the business side of the music industry.
In a candid interview with US radio host Howard Stern in 2013, Jay Z admitted: “My goal was to go gold. I wanted to have one gold album and then I wanted to follow Russell [Simmons] into the executive ranks.” The hip-hop star, who is worth an estimated $550 million (R7.9 billion) quickly surpassed gold and each of his albums have been certified platinum at least once.
His career in sports soared two years ago, when he sold his share of the Brooklyn Nets, a US professional basketball team based in New York.
He established Roc Nation Sports in 2013. The company looks after high-profile players such as basketball stars Kevin Durant and Skylar Diggins, NFL players Victor Cruz and Dez Bryant, German footballer Jérôme Boateng and boxing champion Miguel Cotto.
– Staff reporter