Jay-Z Signs Yankee in Move to Sports Agent

The rapper's talent agency expands by representing second baseman Robinson Cano.
1:17 | 04/03/13

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Transcript for Jay-Z Signs Yankee in Move to Sports Agent
JC I think is that -- -- -- guy -- every time he just walks down the street got -- business now now he's going to be a sports agent government signed up Robinson and other than that of its incredible it's not. Why is unexpected and crazy as it sounds because he hasn't management company called roc nation and they managed. Rihanna and secure and a lot of other people and that kind of is adjacent to a bigger deal he has with live nation. Which is doing his concert tour which dozens -- -- to summer. So -- like a lot of management companies that they have branched out into sports because that is such a lucrative business and this really Smart thing here any got Robinson -- -- return a million dollar contract absolutely just incredible that's an enormous client. But he's very wisely partnered with CAA which really has expertise in this NCAA. The biggest agency in Hollywood. Has a division that represents. Peyton Manning and Derek Jeter and a lot of other people so. It's a good kids -- really shorten business move and not only an act of vanity as it. The sort of sounds like on the service so now it's a sports agent but what you just came on the mass Teddy just -- some kind of credibility of every business to -- -- When ice I I equate him with cool and dollar signs yeah. I don't largely residential lot.

This transcript has been automatically generated and may not be 100% accurate.

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