Is Jay Z ditch­ing rap for sport­ing dol­lars?

CityPress - - News -

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

Jay Z

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