To be or not to be: Ronaldo denies Lil Wayne management deal but not Young Money

Lil Wayne is reportedly set to handle Portuguese soccer star Cristiano Ronaldo's sports management affairs in the United States, according to TMZ.

Ronaldo would become Wayne's first client as he enters the sports management field.

Weezy's company is reportedly slated to work with PolarisSports, a company that is affiliated with CAA and GestiFute, an organization that Ronaldo's agent Jorge Mendes operates.

Wayne's responsibilities are set to include branding, marketing, modeling and endorsement deals.

Last week, (July 24), Ronaldo posted a photograph on Instagram of himself with the Japanese Prime Minister and other Japanese politicians displaying the YMCMB sign.

Of course, Lil Wayne won't be the first rapper-turned-sports agent. In recent years, Jay Z has become a licensed agent for athletes in various sports. Jay represents several artists, including Kevin Durant, Geno Smith, CC Sabathia and Skylar Diggins, among others.