Lil Wayne, Cash Money Could Enter Sports Business Like Jay-Z

Lil Wayne and the Cash Money Records label he’s signed to might be entering the world of sports agency like Jay-Z.

According to Forbes, Cash Money filed a trademark application with the U.S. Patent and Trademark Office to get registration for “Visionaire Sports Group.”

The filing would entail “sports agency services, namely, management, representation and promotion of professional athletes; business management of sports people; talent recruiting services in the field of sports,” and anything ventures related to sports.

Cash Money Records, founded by Bryan “Birdman” Williams and Ronald “Slim” Williams, signed Drake, Lil Wayne, and Nicki Minaj.

Another sports blog, Inside the League, reported that Young Money Records–a subsidiary of Cash Money–invested in a Mississippi sports agency called Play 2 Win Sports, Inc.

“Whether Cash Money Records and/or Young Money Entertainment decides to partner with an existing agency or attempts to make inroads in the world of athlete representation remains to be seen. However, what appears to be quite clear is that at least one of the two entities is taking the idea of sports agency quite seriously,” Forbes reported.

Last month, Jay-Z’s Roc Nation got Robinson Cano, a former Yankees second baseman, to sign with the Seattle Mariners for $240 million for 10 years.

According to reports several days ago, Louisville quarterback Teddy Bridgewater is considering signing with Roc Nation. Two sources told that Bridgewater, who announced his intentions to enter the NFL draft this year and could be the No. 1 overall pick, was looking to sign with Jay-Z.

South Carolina defensive end Jadeveon Clowney, another top prospect, also might be considering signing with Roc Nation.

Other than Cano, Roc Nation represents Oklahoma Thunder star Kevin Durant, New York Jets quarterback Geno Smith, and WNBA star Skylar Diggins.