Ron Berkowitz, a spokesman for Roc Nation Sports, confirmed to ESPN.com that, as of this week, Jay-Z is now licensed to work as an NBA agent.

What does being an agent allow him to do? Will Beyonce have any privileges?

Does Beyonce really need any *more* privileges?? 

RE Z:  Industry speculation is Jay-Z might be able to sign players as long as he agrees to pass off his share of the Nets in the near future. Owners of NBA teams cannot represent players.

The first NBA player Jay-Z is expected to sign is Oklahoma City Thunder star Kevin Durant, who told his agent, Rob Pelinka, in recent days that he would sign with Jay-Z. Durant has not commented publicly.

Since announcing his intention to start a sports agency a few months ago, Jay-Z's firm has signed New York Yankees second baseman Robinson Cano, New York Jets quarterback Geno Smith and former Notre Dame guard Skylar Diggins, who recently was selected third by the Tulsa Shock in the WNBA draft.

Btw, I chose this image of Jay-Z because he is LARGER THAN LIFE.

So... Jay-Z will be Jerry Maguire?