[Matt Velazquez] Henry Ellenson signs with Roc Nation Sports

[MattVelazquez]

Henry Ellenson signs with Roc Nation Sports


Former Marquette standout Henry Ellenson, who last Tuesday announced his decision to leave for the NBA draft after one year with the Golden Eagles, has signed with an agency.

Source: Henry Ellenson signs with Roc Nation Sports

[fjm]

HE and Jay-Z!
It's the Roc baby!

[GGGG]

I thought I saw Beyonce up in Rice Lake a couple weeks ago. At first I thought it was for the snowmobiling, but I guess this makes more sense.

[MU Fan in Connecticut]

Ellenson to the Nets?

[fjm]

I thought I saw Beyonce up in Rice Lake a couple weeks ago. At first I thought it was for the snowmobiling, but I guess this makes more sense.

Making new lyrics for her next song "the golden warrior"

[Galway Eagle]

Fun fact he's not the only MU alum with Roc Nation.  There's a pro boxer signed to them as well. 

http://throneboxing.com/fighters/luis-arias/

[esotericmindguy]

Ellenson to the Nets?

I know you're kidding. I read Jay Z had to sell his share to become an agent. He's no longer an owner.

[4everwarriors]

Puzzlin'? Gotta go with da proven winners, Creative Artists, hey?

[rocky_warrior]

Looks like a wise decision.

[Ellenson Guerrero]

WTF?  C'mon Hank: you're better than getting suckered in by a rapper.  He didn't even have appropriately sized swag for you to wear...

[Tugg Speedman]

I know you're kidding. I read Jay Z had to sell his share to become an agent. He's no longer an owner.

http://www.wetpaint.com/jay-z-sells-barclays-center-607314/

In reality, Jay Z only has one-fifteenth of a one percent stake in the Nets, which he sold to coach Jason Kidd for $500,000. He also owns slightly less than one-fifth of one percent of the Barclays Center, which he should receive $1.5 million plus for.

With the caveat that these are all made-up numbers, I have to call BS on this.

Jay-Z 0.073% for $500k means the Nets (again the Nets!) are worth $6.85 billion. 
His ownership in the Barclays Center was valued at $7.5 billion

The Bucks were sold for $550 million 2014 and Steve Ballmer paid $2 billion for the Clippers in 2015.

And then their is this

Brooklyn Nets News: Owner Explores Selling NBA Team; What Are The Nets Worth?
10/03/14 AT 2:30 PM

http://www.ibtimes.com/brooklyn-nets-news-owner-explores-selling-nba-team-what-are-nets-worth-1699230

ESPN reports that the Nets asking price values the team at $1.2 billion and Barclays Center, which opened in 2012, at $1.1 billion. Forbes valued the Nets this year at $780 million

My guess is Jay-Z loaned Kidd most of the money to buy the Nets and told Kidd he did not have to pay him back.  (to be clear, Jay-Z gave Kidd a bunch of money to have Kidd give it right back to Jay-Z)

Again these are all made up numbers.

[Coleman]

This is a dumb question, but I don't know the answer so that's why I'm asking...

What value does an agent provide for a shoe-in NBA lottery pick? Aren't contracts dictated pretty strictly by draft order?

Obviously they are important after the initial contract when there is much more negotiation, free agency, etc. But what do they do for someone like Henry? Isn't the salary and length of contract already known the minute he is drafted? What is the agent bringing to the table that justifies the cost?

[brewcity77]

This is a dumb question, but I don't know the answer so that's why I'm asking...

What value does an agent provide for a shoe-in NBA lottery pick? Aren't contracts dictated pretty strictly by draft order?

Obviously they are important after the initial contract when there is much more negotiation, free agency, etc. But what do they do for someone like Henry? Isn't the salary and length of contract already known the minute he is drafted? What is the agent bringing to the table that justifies the cost?

For someone like Henry, I'm sure they come in with ancillary marketing, such as shoe contracts, commercials, and other marketing opportunities. Probably don't play a huge role in the negotiations of the first contract (though I'm sure they take a cut of it) but as you said, ideal to have them in place so they can start working on marketing you for the future from day one.

[rocky_warrior]

WTF?  C'mon Hank: you're better than getting suckered in by a rapper.  He didn't even have appropriately sized swag for you to wear...

Agree on the swag (needs a better picture), but you're 100% wrong on Jay-Z.  He is a world class businessman!

[Coleman]

For someone like Henry, I'm sure they come in with ancillary marketing, such as shoe contracts, commercials, and other marketing opportunities.

Thanks, I knew I was missing something 

[JakeBarnes]

Agree on the swag (needs a better picture), but you're 100% wrong on Jay-Z.  He is a world class business, man!

FIFY

[keefe]

I thought I saw Beyonce up in Rice Lake a couple weeks ago. At first I thought it was for the snowmobiling, but I guess this makes more sense.

There's good pie to be had up there in Rice Lake. Damn good pie. Why wouldn't a member of the gliteratti be there?

[GooooMarquette]

There's good pie to be had up there in Rice Lake. Damn good pie. Why wouldn't a member of the gliteratti be there?

Didn't know Beyoncé was into pie.  But those celebs will try anything once, right?

[wadesworld]

Uh oh. That doesn't look like Lalumier Language Hall. Can't take the APR hit!

[real chili 83]

Did she go to the Nook in the afternoon or evening?

[rocky_warrior]

FIFY

Hah, I had originally typed "businessman... I mean business, man!" but then figured a lot here wouldn't get the reference.

[real chili 83]

Didn't know Beyoncé was into pie.  But those celebs will try anything once, right?

They got some good que in RL now. 

http://www.oldsouthernbbq.com/home

[reinko]

Hah, I had originally typed "businessman... I mean business, man!" but then figured a lot here wouldn't get the reference.

Even Warren Buffet is down with the R.O.C



Congrats Hank

[Stretchdeltsig]

Still think the kid should have stayed at Marquette.

[cheebs09]

A few appearances in Jay-Z music videos will do wonders for recruiting.