A profile of hip hop star Jay Z, who discusses his newly formed sports management venture and dispels rumors about his personal life:
“During our talk at Jungle studios, Jay said the sports agency ‘just evolved. All the athletes came through New York, came to the 40/40; we’d give them advice and we’d put them with great people. I was like, Where are your agents? And—this is a real quote—one of those guys said to me, “I haven’t seen my agent since I signed my contract, seven years ago.” Or a guy’s mother says she’s never even met the agent. In some cases they go through the family, but then again, it’s like: go through the family, charm the mother, tell her stuff … get him a car, and then … gone. Actually hoping to get fired so they can collect on the contract. This attitude that if you do one thing well you can’t do something else well is paralyzing for some people—but not for me. If people think that I only make music, they’re underestimating me. I’ve been a successful businessman my whole career. I can do more than one thing at one time. I can walk and chew gum.’”
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