Did Jay Z Violate Union Regulations?

Did hip hop mogul Jay Z violate union regulations when he gave athlete Robinson Cano a $33,900 watch? Section 5(B)(5)(a) of the Players Association regulations states: “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 Adviser.” The brand of watch given was a Hublot.
"New watch alert, Hublot, or the big face Rolly, I got two of those!" - Jay Z (Otis)