Marquette Sports Law Review Volume 24 Article 3 Issue 1 Fall Jay Z Has 99 Problems, and Being a Sports Agent May Be One Darren A. Heitner Bryan Saul Follow this and additional works at: http://scholarship.law.marquette.edu/sportslaw Part of the Entertainment and Sports Law Commons Repository Citation Darren A. Heitner and Bryan Saul, Jay Z Has 99 Problems, and Being a Sports Agent May Be One, 24 Marq. Sports L. Rev. 59 (2013) Available at: http://scholarship.law.marquette.edu/sportslaw/vol24/iss1/3 This Article is brought to you for free and open access by the Journals at Marquette Law Scholarly Commons. For more information, please contact
[email protected]. HEITNER ARTICLE REVISED 2/12/2014 9:16 AM JAY Z HAS 99 PROBLEMS, AND BEING A SPORTS AGENT MAY BE ONE * DARREN A. HEITNER ** BRYAN SAUL I. INTRODUCTION The sports industry is booming. In 2010 alone, the North American sports market boasted a valuation of over $49 billion in revenue, with 31.4% of that revenue received solely from sporting event gate receipts.1 PricewaterhouseCoopers (“PWC”) projects sports revenue to grow at a compound annual growth rate of 4.0% in North America and at a compound annual growth rate of 3.7% globally.2 If the aforementioned numbers are correctly projected, global revenue originating from sport will rise to $145.3 billion in 2015.3 It is thus not a surprise that hundreds of thousands, if not millions of people, would try to get their hands on a cut of this growing and lucrative business.