Ahead of the 2023 NBA draft, Goldman Sachs wealth manager Nicole Pullen Ross says rookies would be wise to build a trustworthy business team to avoid financial fraud.
Ahead of the 2023 NBA draft, veteran Goldman Sachs wealth manager Nicole Pullen Ross says rookies would be wise to build a trustworthy business team to avoid falling victim to financial fraud.
Pullen Ross, a partner at Goldman who advises professional athletes, went on to explain that regardless of which team players join, they have to start building their own team and surround themselves with trustworthy advisors much as a chief executive does. “A CEO thinks about every decision they make, not just decisions that impact today,” Pullen Ross says. “It’s making decisions with the end in mind.”
A Whole New Game: Goldman Sachs’ Nicole Pullen Ross thinks professional athletes should act and think like CEOs.This week, Wembanyama is widely expected to be selected first by the San Antonio Spurs in the draft, and according to the NBA’s collective bargaining agreement, top picks make 8.9% of the league’s overall salary cap. Next season the players’ association estimates a record, which means that Wembanyama can expect to make north of $11 million in his first season.
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