Robinson Cano and Jay Z 
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Looks like Jay Z may be in hot water again. The Major League Baseball Players Association is reportedly investigating the rapper-turned-sports-agent for giving his all-star client Robinson Cano a $33,900 limited edition Shawn Carter Classic Fusion watch by Hublot, ESPN.com reports.

According to the sports website, Cano received the exclusive watch, designed by Jay Z, as a gift for his 31st birthday.

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The Players Association regulations state: "No Player Agent or Applicant shall provide, cause to be provided or promise to provide, any money or any other thing of value to any player, or any person related to or associated with such player, the purpose of which is to induce or encourage such player to use or continue to use any person's or firm's services as a Player Agent, Representative, or Draft Advisor," ESPN.com reports.

There is a clause that allows for gifts from agents to clients but that gift cannot exceed $500. If the gift does exceed that amount, it must be disclosed to the union in writing.

ESPN.com reports that the Players Association has interviewed "several of the principals" and that Jay Z could be subject to unspecified discipline if he is found in violation of regulations.

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The uber-expensive watch will be available to the public on Nov. 20 at Barneys in New York. The Swiss luxury watchmaker only plans to unveil 100 of the 18k yellow gold watches, ESPN.com reports.

Read more at ESPN.com.