ESPN New York Yankees second baseman Robinson Cano, who is in the final season of a $57 million contract, has left agent Scott Boras to sign with a company founded by Jay-Z. Roc Nation, an entertainment company founded by Shawn Carter, also known as Jay-Z, announced Tuesday that it is getting into the sports representation business through a partnership with Creative Artists Agency (CAA). This arm of CAA will be known as Roc Nation Sports, which simultaneously announced that its first sports client is Cano. “At this point in my career, I am ready to take a more active role in my endeavors on and off the field,” Cano said in a statement. “I am confident that the pairing of Roc Nation Sports and CAA 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.” It remains to be seen whether this alters the trajectory of Cano’s talks with the Yankees, who have been trying to re-sign him. The Yankees made an offer to Cano earlier this winter, in dealing with Boras, but hadn’t gained any traction in the talks, and when Boras clients get this close to free agency, they typically play out their contracts and test the market.
As a New York Yankees fan, I am surprisingly happy about this news, and think that Roc Nation Sports will work quickly to make sure that Robinson Cano is well compensated and spends the rest of his career with the New York Yankees.
It is also a huge plus that the notoriously difficult and stingy Scott Boras is out of the picture.
It’s not like the New York Yankees are offering Cano a chump change extension and are trying to pay him below market value, Robinson Cano is the best second baseman in baseball, and the Yankees will pay a ton of money to keep him in pinstripes.
Jay-Z is a Yankees fan, and his agency will work with the team to reach a contract that provides Cano more compensation than any other second baseman in baseball, and it will not be a problem for the Yankees since there is no salary cap in baseball and the team prints their own money.
This is, of course, opposed to Cano’s former agent Scott Boras who would have milked the Yankees for every last red cent and dragged the negotiations out until the offseason.
I think that Robinson Cano will agree to a long and lucrative contract extension that will keep both parties happy shortly.