Rap mogul and superstar Jay Z has traded in his role in sports ownership to become a sports agent. Some have questioned whether he’d be successful as an agent. Jay Z has responded calling out agents like Scott Boras on records, but now he is touting his checkered past as a drug dealer as his résumé.
From Vanity Fair:
Jay’s checkered past taught him a few things that he says will come in handy in his new role as a sports agent: “I know about budgets. I was a drug dealer,” he tells Robinson. “To be in a drug deal, you need to know what you can spend, what you need to re-up. Or if you want to start some sort of barbershop or car wash—those were the businesses back then. Things you can get in easily to get out of [that] life. At some point, you have to have an exit strategy, because your window is very small; you’re going to get locked up or you’re going to die.”
That is right, Jay Z said he’d be a good sports agent because he was a good drug dealer and that profession taught him how to budget. That might work as a financial planner but it doesn’t necessarily speak to his ability to handle negotiations of multi-million dollar contracts. Though it’d probably be safe to assume in his very successful music career and rap career he learned those skills.
If you’re going to try to convince someone you can be a good agent, budgeting doesn’t sound like the first thing you’d point to.