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SUNRISE, Fla. -- Michael Yormark resigned as president and CEO of the Florida Panthers on Monday, taking a job with rap mogul Jay Zs Roc Nation and setting off a front-office shake-up for the long-struggling franchise. Yormark said he has accepted a job as president and chief of branding and strategy for Roc Nation, Jay Zs sports agency. The Panthers promoted Rory Babich into the jobs that Yormark had held with the organization, and announced that general manager Dale Tallon was having his responsibilities expanded to also include business operations. "While we are sorry to see Michael leave, he has received an offer for a tremendous opportunity and we are fortunate that we will be able to continue working with him in his new role," said Panthers owner Vincent Viola, who bought the team in September. "Rory has been working with us throughout our acquisition of the team and has been partnering with Michael on the business side and Dale on the hockey side since he joined us." Babich and Tallon also will be alternate governors for the team. "Dale and I, together, will be partnering on all aspects of our business," Babich said. Yormark joined Sunrise Sports and Entertainment as its Chief Operating Officer in September 2003, was promoted to president in August 2007 and then to president and CEO of the team and SSE last September. Yormark said he still believes the Panthers, under Violas leadership, will get to the level the franchise has sought to reach for years. The Panthers have reached the playoffs only once since 2000, and are well out of post-season contention this year. "Roc Nation represents a wonderful new adventure for my family and me, and I am thrilled to join an exciting, innovative organization," Yormark said in a statement released Monday afternoon. "Roc Nation is poised to grow in to one of the most influential companies in the industry and I am looking forward to taking on this new challenge." Babich grew up in the New York area, the son of a sports writer, and said hes loved hockey since childhood. He joined the Panthers after Viola bought the team, and said his role as CEO will simply continue Violas vision to build a winner in South Florida. "Its an exciting time for us," Tallon said. "Rory and I have been together since December. Weve developed a close relationship in a short period of time. ... Were excited about what were going to do, how were going to do this and were going to work together to bring a Stanley Cup to the Panthers and their fans." Roc Nation was founded in 2008, and represents major sports stars as Robinson Cano, Kevin Durant, Victor Cruz and others. Fake Vans Website . Acclaimed by world football leaders but held in contempt by many football fans. Blatter should arrive at the Itaquerao stadium in Sao Paulo to watch host Brazil play Croatia confident that this tournament -- his fifth as president -- wont be his last leading the worlds favourite sport. Fake Vans From China . The alleged sexual assault is believed to have happened over the weekend of Feb. 1, when the hockey team was in Thunder Bay for two games against Lakehead University. The criminal investigation branch of the Thunder Bay Police Service is leading the investigation with help from Ottawa police. https://www.vansfake.com/.C. -- The Bobcats announced theyve signed centre Justin Hamilton to a 10-day contract. Fake Vans . Azarenka needed exactly one hour in a 6-1, 6-0 rout of Austrian Yvonne Meusburger to start the night session at Laver Arena. Sharapova had a much easier time earlier in the day with cooler conditions and took full advantage in 6-1, 7-6 (8-6) win over Frenchwoman Alize Cornet, while Radwanska had to rally for a 5-7, 6-2, 6-2 victory over Russian Anastasia Pavlyuchenkova. Fake Vans Cheap . The Gatineau Olympiques head coach will lead Canada in its quest to end its gold medal drought at the 2015 world junior hockey championship held in Montreal and Toronto at the end of this year.Lewis Hamilton went into the deciding pole shootout in Monaco on the back foot after engine problems struck his Mercedes at the start of Q3. After needing to complete just one flying lap in Q2, Hamilton was favourite for a second successive principality pole but was forced to pull to the side of the pit lane as the top 10 runners queued to take to the track.Something is wrong with the engine. Ive got no power, a concerned-sounding Hamilton said over the radio. Mercedes, who traced the issue to a fuel-pressure problem, were able to gett his W07 up and running in time for the final runs, with Hamilton facing a race against time to get a quick lap in.ddddddddddddWatch the video above to see how the world champions tense Q3 unfolded...Watch the Monaco GP live on Sky Sports F1. The race starts at 1pm on Sunday, with build-up underway at 11.30am. Or watch the race without a contract for £6.99 on NOW TV. Also See: Hamilton: Hopefully it rains! Qualifying: Ricciardo beats Mercedes ' ' '