Marc Ganis’ comments quoted in the NY Times article, reported below, were originally meant to support Jay-Z’s efforts in launching Roc Nation Sports. In an email statement to TheDrop.fm, Ganis shares that the NY Times reporter chose to use one quote from “a 10-minute interview where I supported and extolled the benefits Jay-Z can bring to the table.”
Ganis believes “fully that Jay-Z will be successful in this venture and his clients will benefit in many, perhaps non-traditional ways as well.” In addition, he sees the rapper as “an exceptional businessman, very smart, very successful and I suspect he will extend his string of success to athlete representation."
"Among the things that distinguish him from the lawyers and accountants who make up the traditional agent pool will be his ability to connect with the star athletes," Ganis states. "The pressures and temptations these young wealthy superstars have before them are many, as they were for Jay-Z. He can help guide them from his own experiences. That is something few agents can do.”
Original story below:
Soon after Jay-Z announced his new sports management company, Roc Nation Sports, with the signing of Robinson Cano of the New York Yankees, some of the sports world's major executives have been criticizing his move into the industry.