He tried to sign Lupe, ummmmm, that's why he executive produced his first album.
Asher Roth

His album bricked, so he has limited commercial appeal.
Just because you want an artist, doesn't mean you can sign them. It's like a high school player picking a college.
And why do you act like Jay-Z is the one solely responsible for signing artist. You think he sits there listening to mixtapes and demos? People bring him artist. There might have been ulterior or another motive, but you don't know. Grafh doesn't have commercial appeal, but Dame signed him anyway. Did you think Mazaradi Foxx or Mike Knox were ever going to put an album out on G-Unit?
And of course a label signs an artist thinking they can make them hot or get them to sell records.
You think Corey Gunz, Gudda Gudda, Jae Millz will be coming out on Young Money?