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In April 2012, I wrote an article about Birmingham, Michigan-based Compass Management Group, LLC. The relatively young start-up founded by Daniel Sillman had already signed up sixteen prominent NFL and NBA clients and focused on being a full-service business management firm assisting athletes with private banking and bill pay, short and long term budgeting, oversight of […]
A few days ago I read an article on USATODAY.com titled, “Pro athletes often fumble the financial ball.” It discusses how often college athletes become instant millionaires, but squander their riches and end up broke. Is it the sense of entitlement? The hangers-on? Bad advice from athletes’ “management teams?” Not having a “management team?” Players’ […]