Joe McLean is the premier wealth manager of the NBA's richest stars. He also has clients in the NFL and MLB, but the "gobs are the biggest in the NBA," writes NYT's Devin Gordon.

What he does: As Managing Partner at Intersect Capital, McLean's job is not to negotiate his clients' contracts (that's the job of an agent), but to "grow every dollar that comes in and track every dollar that goes out."

  • "He's part investor, part butler, a CFO and a golf buddy, a sports therapist and, when necessary, the disapproving dad," writes Gordon.
  • To retain his services, athletes must agree to put aside at least 60% of every dollar they earn. If they can't commit to spending their money wisely and playing the long game, they're gone.

How it works: Intersect manages contracts worth $1.7 billion dollars for around 50 athletes, yet only employees 11 people. The idea is to provide them with intimate, white-glove treatment.

  • "Say I need golf clubs — like, custom golf clubs," said Magic star Aaron Gordon. "[Joe] knows exactly where to go ... He's just a do-it-all guy."

Go deeper: NBA suspends Warriors minority owner after incident with Raptors player

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Updated 3 mins ago - Politics & Policy

ActBlue collects a record $91 million in hours after Ginsburg's death

A makeshift memorial in honor of Justice Ruth Bader Ginsburg in front of the U.S. Supreme Court on Sept. 19. Photo: Samuel Corum/Getty Images

ActBlue reported a record $91.4 million in the 28 hours following Supreme Court Justice Ruth Bader Ginsburg's death, the Democratic donation-processing site confirmed to Axios late Saturday.

Why it matters via the New York Times: "The unprecedented outpouring shows the power of a looming Supreme Court confirmation fight to motivate Democratic donors."

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Illustration: Sarah Grillo/Axios

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  4. Health: The dwindling chances of eliminating COVID-19.
  5. World: Guatemalan president tests positive for COVID-19 — The countries painting their pandemic recoveries green.
Updated 6 hours ago - Technology

Trump agrees to TikTok deal

Illustration: Sarah Grillo/Axios

President Trump on Saturday said he approved "in concept" a deal whereby TikTok will be allowed to continue operating in the U.S., with Oracle as its "trusted technology partner."

Why it matters: TikTok has nearly 100 million U.S. users, and is still growing fast. Trump has threatened to ban it, due to data privacy concerns related to TikTok's ownership by Chinese tech company.