Cano Fires Agent and Signs With Jay-Z’s Agency

Jay-Z and Robinson Cano

(from The New York Times, April 2, 2013)  Scott Boras, baseball’s most challenging negotiator, frequently takes big name players to free agency, and gets them every dollar possible in their new contract.  It was with Boras that Robinson Cano rejected a contract extension from the New York Yankees before spring training.  On Tuesday, however, Cano announced that Boras would no longer be his agent and he would be replaced with a new agency headed by music artist, Jay-Z.  This surprising announcement will be welcomed by the Yankees. Jay-Z is entering unfamiliar territory by creating this new sports agency.  He has named it Roc Nation Sports, and will partner it with the already established Creative Artists Agency.  The Yankees will have to wait to see how this switch in agencies plays out, but they do know Jay-Z played a major role in persuading Alex Rodriguez to remain with the ball club after he opted out of his contract in 2007.  The Yankees also know that Cano will be represented by Brodie Van Wagenen, one of C.A.A. Sports’ top agents.  Van Wagenen tends to focus on large extensions with stars and their teams before those players reach free agency.  That is another reason why Cano’s decision favors the Yankees. A long extension between the two would be great for the baseball club since Cano would be the most logical player for them to build their team around in years to come.  Cano has a career .308 batting average, 33 homeruns, and 48 doubles in his 196 hits last season.  The Yankees did not play on Tuesday, but Cano is expected to address the situation before Wednesday night’s game.  He did issue a statement in which he said, “I am confident that the pairing of Roc Nation Sports and C.A.A. Sports will be essential in helping me accomplish my short and long-term goals.  I am making this important decision now so I can keep my focus on helping the Yankees succeed in 2013, while minimizing any distractions for me and my teammates.”