Looks like Jay Z and Roc Nation Sports has some competition. Cash Money Records has officially entered the realm as a sports management agency, and they've signed their first athlete.
Cash Money Sports welcomes their first signee: former Texas A&M wide receiver Mike Evans.
Evans, known widely as Johnny Manziel's former target, is one of the highest rated pass catchers in the upcoming NFL draft.
TMZ reports that Evans had initially hired another agency to rep him but he decided to sign with Cash Money.
It has also been reported that Cash Money Sports will be working in conjunction with Evans' original agency Priority Sports.
Back in December, MStars reported that the record label may be launching a sports management agency.
It was reported that the trademark request was filed on October 25 and wass listed as owned by Cash Money Records, Inc., under the care of law firm Pryor Cashman LLP.
At the time, sources said that the documents indicated that Cash Money owned the name and had the intent to use the name, but hadn't made it official yet.
The label has expanded quite a bit since its founding in 1991, adding a management company, Young Money (helmed by Lil Wayne), a publishing arm, Cash Money Content, and its Trukfit clothing line.
What do you think of Mike Evans signing under Cash Money Sports management agency Do you think Johnny Manziel will follow? Let us know your thoughts in the comment section below.
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