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Cano Fires Boras, Hires Jay-Z

Ezra Shaw/Getty Images(NEW YORK) -- Yankees second baseman Robinson Cano's contract expires after this season, and he will depend on Jay-Z to get a new one.

Cano fired agent Scott Boras and hired the new Roc Nation Sports, which is a full-service sports management company formed by the company Roc Nation, founded by Shawn Carter (Jay-Z). Carter announced Tuesday that Roc Nation Sports, would be partnering with Creative Artists Agency (C.A.A) and had signed Cano as its first client.

Cano will be represented by C.A.A.Sports' Brody Van Wagenen.

"At this point in my career, I am ready to take a more active role in my endeavors on and off the field," Cano said in a statement. "I am confident that the pairing of Roc Nation Sports and CAA Sports will be essential in helping me accomplish my short-and long-term goals. I am making this important decision now so I can keep my focus on helping the Yankees succeed in 2013, while minimizing any distractions for me and my teammates."

While Cano is the first client of Roc Nation Sports, C.A.A. has major clients all throughout sports. Soccer stars Cristiano Rinaldo and David Beckham are clients, as well as New York Knicks forward Carmelo Anthony, to name a few.

Roc Nation Sports will eventually break away from C.A.A. and become its own company. Roc Nation, which was found in 2009, currently represents stars such as Shakira, Rihanna and Timberland.

“Because of my love of sports, it was a natural progression to form a company where we can help top athletes in various sports the same way we have been helping artists in the music industry for years,” Carter said in a statement.

Copyright 2013 ABC News Radio

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