Jay-Z selling shares of Nets, getting into player agent business

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Jay-Z has 99 problems but soon the Nets won’t be one.

It was rumored a few weeks ago that athletes from baseball and football — Robinson Cano of the Yankees, for one — were about to jump agents to Roc Nation Sports, a Jay-Z headed representation agency that is partnered with powerhouse Creative Artists Agency.

Jay-Z wants to gets some basketball players in that stable of clients, but first he has to take some other steps and has started the process, reports Adrian Wojnarowski at Yahoo Sports.

Entertainment mogul and rapper 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, sources told Yahoo! Sports….

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.

Jay-Z would not be the guy handling the contract negotiations or day-to-day of the agency, that falls to the CAA agents. However, what he brings in terms of marketing connections is impressive. Plus he’d be a recruiting force in an already cutthroat business.

Jay-Z owns less than one percent of the now Brooklyn Nets. However, he had great influence in the color scheme and uniform design for the Nets — back and silver with an old-school classic logo — as well as designing some high-end luxury suites at the Barclay’s Center in Brooklyn.

He’s supposed to have a buyer and process in place so his agency can go after players in this year’s NBA Draft.

And if you’re a 19-year-old guy out of college and Jay-Z gets on the phone with you, says he loves your game and says he wants to rep you, what do you think the answer is?

Did Reggie Jackson distract Jimmy Butler into missing game-tying free throw? (video)

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With the Timberwolves trailing the Pistons by three and 6.2 seconds left, Jimmy Butler drew a foul on a 3-pointer.

Butler made the first two free throws then, just before he got the ball for the third, Reggie Jackson interrupted to talk to Stanley Johnson, who was in rebounding position. Butler missed the free throw, and Detroit won 100-97 after an intentional foul.

Butler said Jackson didn’t affect him, but Butler’s side eye during the delay at least appeared to speak loudly.

Bulls’ Kris Dunn dunks on T.J. Warren after savvy/explosive halfcourt drive (video)

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Kris Dunn had a nice weekend – 39 points, 13 assists and 11 rebounds as the Bulls beat the Hornets and lost to the Suns – punctuated by this dunk in Chicago’s 113-105 loss to the Suns last night.

T.J. Warren paid the price for Tyler Ulis overplaying a Robin Lopez screen Dunn cleverly never used.

Orlando Magic will no longer host summer league

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ORLANDO, Fla. (AP) — The Orlando Magic has decided to end their annual summer league.

Magic president of basketball operations Jeff Weltman said Sunday the trend of NBA teams playing in the Las Vegas Summer League led to the decision end Orlando Pro Summer League. Orlando’s Summer League, which showcased rookies and young players, began in 2002.

Las Vegas will host all 30 teams for the summer league beginning in the summer of 2018. The Orlando Pro Summer League began as a 10-team tournament but there were just eight participating teams this past summer.

The summer league in Orlando, which is played in the Magic’s practice gym, was the only one of three summer leagues that did not allow fans to come in to watch.

Kevin Durant misses game vs. Nets with sprained ankle, status vs. Thunder in doubt

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Not that the Warriors needed him with Stephen Curry going off again, but Golden State was without Kevin Durant on Sunday in Brooklyn due to a sprained ankle.

Durant is officially day-to-day, but that brings up the question of whether he will be ready to go Wednesday night when the Warriors travel to Oklahoma City to take on his former team. Chris Haynes of ESPN asked Durant about it.

While some blowhards will talk about him dodging the Thunder, the Warriors course here is obvious — they do not want to rush him back for any game in November. Even one against Russell Westbrook. Ankles with stretched ligaments are easy to re-injure if not fully healed, and the Warriors don’t want this to be chronic and last through more of the season.

Durant is averaging 24.9 points per game, 7 rebounds, and 4.7 assists, and — with all due respect to fellow former MVP Curry — he is the best player on the Warriors. Maybe the best player in the world right now, period. Durant can score at will, and he had become a key part of the Warriors’ fifth-ranked defense blocking 2.2 shots per game (their offense is No. 1 in the league).