Music executive Birdman is reportedly giving Jay Z‘s Roc Nation Sports a run for its money after signing a big NCAA football star to his newly launched Cash Money Sports.
According to reports, Texas A&M’s Mike Evans is now officially down with the Cash Money family.
Cash Money Sports is officially in business — TMZ Sports has learned the agency has just signed its first high profile athlete. Evans — considered one of the best players in the upcoming NFL Draft — had initially hired another agency to rep him … but we’re told Evans has now signed on the dotted line with Cash Money. Sources tell us … Cash Money Sports will be working with Priority Sports — the agency Evans initially signed with — in some capacity, but the details of the relationship are unclear. (TMZ)
Buzz about Cash Money possibly launching its own sports company mounted last December.
One potential justification for why any public use of “Visionaire Sports Group” is tough to find is that Cash Money Records may have altered its plans since applying for the trademark in October. According to football industry watchdog website Inside the League, Young Money Records is said to be conducting necessary due diligence to enter the athlete representation arena as early as the beginning of 2014. (Forbes)
Information on what sports-related company Young Money invested in had also turned up.
According to sources of Inside the League, Young Money has chosen to invest in an existing Mississippi-based sports agency named Play 2 Win Sports, Inc., which appears to lack any notable NFL clients currently signed to Standard Representation Agreements. (Forbes)
While details were initially scarce, recent reports revealed Cash Money head Baby had taken the steps to start a sports management company.
Cash Money Records may be getting into the sports game. The famed record label–home to Lil Wayne, Drake and Nicki Minaj, to name a few–has filed a legal request to trademark the name Visionaire Sports Group, according to government records obtained by XXL. (XXL Mag)