Dec 2, 2013, 2:54 PM EDT
Sixers’ rookie Michael Carter-Williams is putting up the best rookie numbers in Philadelphia since Allen Iverson. Which is a good comparison. A very good one. But there is one area where Carter-Williams is not following the pattern of Iverson (a notorious spender):
MCW has yet to touch a dime of his salary this season. That’s $2.2 million guaranteed this season (and $2.3 million next season) that he is just putting in the bank.
Nowadays, (his mother) Carter-Zegarowski and her best friend, Tracie Tracy, are running his management team. They are taking a proactive approach to make sure he doesn’t spend all his money in a couple of years.
His rookie contract guarantees him $4.5 million over his first two seasons. He could make a total of $10 million if the Sixers pick up the final two seasons of his contract.
But his salary is deposited into a trust he can’t touch for three years. Carter-Williams is living off endorsement deals with Nike and Panini trading cards.
Smart. You don’t want to go Iverson and just buy new clothes in every town so he didn’t have to carry luggage on the road.
He’s likely to have a few more endorsement deals rolling in soon the way he has played as a rookie averaging 17 points and 7.1 assists per game. He is fast becoming the face of the Sixers.
The perception of the casual fan follows what Patrick Ewing said back in the day — NBA players make a lot of money and spend a lot of money.
The reality is some do live beyond their means even though they make millions, some are smarter about their money. It’s the same with every pro sport. And before you get all preachy on that soapbox answer me this: What would you have done if you had millions at age 21? Bought treasury bonds?
Like everyone else, NBA players need some support around them to help them make good decisions. Carter-Williams has that and it shows in his play on the court, and that he will now be set up for life (and maybe generations).
Mar 27, 2015, 12:42 PM EDT
You do not see this every day.
Mar 27, 2015, 11:55 AM EDT
As everyone braces for 2016 spike, another big bump could follow
Mar 27, 2015, 10:55 AM EDT
LeBron James and a lot of stature are gone, but with the more-modest goal of just making the playoffs, Miami’s new point guard embracing the challenge
Mar 27, 2015, 10:19 AM EDT
Pelicans star missed eight free throws in setback to Houston
Mar 27, 2015, 9:44 AM EDT
Hornets’ playoff chances looking dim
Mar 27, 2015, 9:06 AM EDT
Bradley Beal questionable
Mar 27, 2015, 8:30 AM EDT
Cousins has gotten better, but he still has yet to hear a foul call he liked.
Mar 27, 2015, 8:00 AM EDT
He hit 12 straight shots at one point.
Mar 27, 2015, 1:08 AM EDT
Stoudemire can give a team 15 minutes a night off the bench of quality play.
Mar 27, 2015, 12:05 AM EDT
Dangerous play from Scola.
Mar 26, 2015, 11:00 PM EDT
A day later the league says Andrew Wiggins was fouled, but the officials let it go at the time.
Mar 26, 2015, 10:00 PM EDT
Clippers would need to ink Robinson for the rest of the season, but are waiting to see how quickly he can return after a recent knee injury.
Mar 26, 2015, 9:00 PM EDT
Speights said the Warriors knew the Wizards would quit after Golden State beat them recently, and Washington’s coach responds.
Mar 26, 2015, 8:00 PM EDT
Brooklyn is a half-game out of the eighth and final playoff spot in the East.
Mar 26, 2015, 7:00 PM EDT
Crawford has been dealing with a calf bruise.
Mar 26, 2015, 6:26 PM EDT
The NBA is the only major sports league featured.
Mar 26, 2015, 5:30 PM EDT
Mutombo had previously denied it.
Mar 26, 2015, 4:45 PM EDT
The Wizards have become stagnant in recent weeks.
Mar 26, 2015, 3:59 PM EDT
Woodson is an assistant with the Clippers now.
Mar 26, 2015, 3:15 PM EDT
- Goran Dragic leading feisty Heat’s playoff push 11
- NBA Draft prospect matchups to watch in NCAA Tourament this weekend 2
- Report: LeBron James frustrated with Kevin Love for not fitting in 85
- Five Things We Learned in NBA Wednesday: Kevin Love seems to be fitting in just fine suddenly 4
- It’s official: Dwight Howard will return to Rockets’ lineup Wednesday 2
- Dwyane Wade on MVP race: “I would say James Harden” 26
- Report: Rockets’ Patrick Beverley has torn ligament in wrist, to decide course in 7-10 days 2
- Derrick Rose expects to be cleared for contact soon, says he feels no pain in right knee 9