Being an all-star NBA point guard comes with a few perks, including getting sound advice from business mogul, Jay-Z via CNBCMakeIt
Making big decisions when it comes to the course of your career can be nerve-wracking. And when you've got hundreds of millions of dollars on the line — and millions of fans following your every move — it can be even harder. Such was the case for NBA star Chris Paul.
"Jay-Z was one of the people that I had an opportunity to talk to about the decision I was making," Paul tells CNBC Make It about the music mogul, who's real name is Sean Carter, adding that he also turned to Disney CEO Bob Iger for input. Paul had to decide whether to opt out of the last year of his contract with the Clippers and go as a free agent, or to just let the team trade him to the Rockets — a choice that had complicated financial ramifications.
Now, Paul's salary for 2017-18 is a little over $24.5 million. This summer, when he does become a free agent, he's eligible for a five-year, $205 million contract with the Rockets. In 2017, Forbes ranked Paul the ninth highest paid basketball player. "I was out there taking pictures," Paul continues,"and I was like, 'Give me a second.' Boom. I ran out, threw up. Boom. Came back and acted like I had just taken a phone call. [It was] just the anxiety of knowing that there was a change that was coming."
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