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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

Go deeper

Former Sen. David Perdue to launch bid for Georgia governor

Photo: Megan Varner/Getty Images

Former Senator David Perdue (R) plans to announce a campaign against Georgia's incumbent Republican Gov. Brian Kemp Monday, according to a source familiar with Perdue's thinking.

Why it matters: Perdue's challenge to his former ally Kemp sets up an unprecedented "scorched earth" battle between Georgia Republicans fueled by former President Donald Trump, in the battleground state. The news was first reported by Politico.

Updated 39 mins ago - Politics & Policy

Bipartisan tributes flood in for "giant of the Senate" Bob Dole

Then-Vice President Joe Biden and former Sen. Bob Dole at an event put on by the World Food Program where he was awarded the first “McGovern-Dole Leadership Award” in December 2013. Photo: Douglas Graham/CQ Roll Call

Republican and Democratic politicians, including former Senate colleagues, are sharing condolences and memories commemorating the life of Bob Dole, who passed away at 98 on Sunday morning.

The big picture: Dole, the Republican presidential nominee in 1996, was the longest serving Republican leader in the Senate until 2018, when current Senate Minority Leader Mitch McConnell surpassed his record.

Former Sen. Bob Dole dies

Former Sen. Bob Dole in 2019. Photo: Tom Brenner/Getty Images

Former Kansas Sen. Bob Dole passed away Sunday morning at the age of 98, the Elizabeth Dole Foundation announced in a statement.

Driving the news: Dole, a revered figure in U.S. politics and the Republican presidential nominee in 1996, served in the Senate for 27 years, including 11 years as GOP leader. Earlier this year he revealed he had been diagnosed with stage 4 lung cancer.