Jay-Z to Sell Share of Brooklyn Nets and Become NBA Agent

According to According to Yahoo! Sports, Shawn Carter, also known as Jay-Z has started the process of divesting his small share of ownership with the Brooklyn Nets to extend his Roc Nation Sports representation business into basketball. 

Although he only owns less than 1 percent (1/15th of a percent, to be exact) of the Nets, he has been a central public figure in the franchise’s marketing and move from New Jersey to Brooklyn.

Selling his share of the Nets is a necessary prelude for Jay-Z to obtain his National Basketball Players Association certification as an agent. NBA rules mandate that no one individual affiliated with a player representation company can have an ownership stake with an NBA team. The process is expected to be completed in time for Roc Nation Sports to compete for players entering the June NBA draft. “This isn’t about one draft, but taking the long view of the business,” a source told Yahoo!. Stay tuned to Highsnobiety for more information on Jay-Z and all of his endeavors.

The news comes as Jay-Z’s company Roc Nation announces a partnership with Creative Artists Agency to launch a sports agency division. New York Yankees second baseman Robinson Cano became the group’s first client earlier in the month.

Jordan Son Of Mars 'Black/Varsity Red'

The wait if finally over as the Jordan brand's latest hybrid sneaker Son Of Mars 'Black/Varsity Red' has dropped! These follow the successes of the Son Of Mars 'Pop Art' and 'Club Purple', which both took off in a matter of days, and has since graced the feet of celebrities including Jay-Z and Lil Wayne. If you look closely at the images you will notice these sneakers are inspired by a number of different shoes from the Jordan Retro series: There's the Elephant Print from the Jordan 3 on the heel and at the front, the lacing system from the Jordan 4, the 'lace block' and sole from the Jordan 5 with the famous shark teeth design on the side, the raised profile and ankle design from the Jordan 6 and the great strap from the Jordan 20, all coming together for this stunning design! These are available now from Footlocker stores worldwide. Grab you pair here.

Beyonce has Tumblr

Last week Beyonce launched her personal Tumblr page entitled 'I Am' and it has caused a little bit of hype amongst bloggers. It's a very up close and personal insight into Beyonce's life with some really amazing pictures. Beyonce's Tumblr was launched to celebrate her anniversary with Jay-Z and includes images of them both as well as holidays, concerts and much more.