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).
Apr 16, 2014, 2:42 AM EDT
Chris Paul and J.J. Redick look good as Clippers ready for playoffs.
Apr 16, 2014, 12:40 AM EDT
Poor Evan Fournier is on the wrong end of a highlight that’s going to get shown a lot for a few days. At least.
Apr 15, 2014, 11:46 PM EDT
Video of one player executing a crossover that drops another player to the floor — you know you’re watching.
Apr 15, 2014, 10:31 PM EDT
Sick pass, monster slam.
Joe Johnson says he shouldn’t have been laughing on bench during blowout loss to Knicks earlier in season
Apr 15, 2014, 9:16 PM EDT
Joe Johnson says Jeff Van Gundy’s criticism of his behavior was spot-on.
Apr 15, 2014, 8:01 PM EDT
Mike D’Antoni had no idea how beating the Jazz on Monday would negatively impact his team’s Draft Lottery chances. And there’s absolutely nothing wrong with that.
Apr 15, 2014, 6:43 PM EDT
Anthony is out for the rest of the season but will not be surgery and will be good to go next season.
Apr 15, 2014, 5:31 PM EDT
Just 7-8 minutes before, Cedric Maxwell had stood next to one of the people killed in the Boston Marathon bombing, but he decided to go inside and get warm.
Apr 15, 2014, 4:41 PM EDT
With nothing on line Pacers going to rest key guys… except Hibbert.
Apr 15, 2014, 3:46 PM EDT
It’s not something you could ever prove (and the Nets may not even do it), but they could rest guys in hopes of falling into a first-round matchup with Toronto.
Apr 15, 2014, 2:59 PM EDT
Damian Lillard doesn’t want to end up like all those players without rings. The ones sitting in his living room.
Apr 15, 2014, 2:17 PM EDT
Two general managers make all three ballots, one tops each
Apr 15, 2014, 1:40 PM EDT
Award honors ‘outstanding service and dedication to the community’
Apr 15, 2014, 1:07 PM EDT
It was just a fender bender, the good news is nobody got hurt. However, Chandler Parsons was delayed getting to the Toyota Center for the Rockets game Monday when he got into an accident. And then the other driver found out who he was and… I will let Jonathan Feigen of the Houston Chronicle tell…
Apr 15, 2014, 12:30 PM EDT
And Burke is one of the best rookies in this class….
Carmelo Anthony questionable against Nets tonight, but not if Mike Woodson has anything to say about it
Apr 15, 2014, 11:44 AM EDT
Melo, a pending free agent, could be done playing for Knicks
Apr 15, 2014, 11:03 AM EDT
We know for sure the Pacers play the Hawks in the first round, and we know the Rockets and Blazers will meet. After that all the matchups are still up in the air.
Apr 15, 2014, 10:33 AM EDT
Knicks forward come become free agent this offseason
Apr 15, 2014, 9:55 AM EDT
Rockets guard known for defense, anyway, right?
Apr 15, 2014, 9:22 AM EDT
Noah’s good feelings end in 3, 2, 1…
- Tuesday NBA grades: Chris Paul looks playoff ready 0
- Carmelo Anthony has torn labrum, Knicks shut him down for season 13
- Celtics’ legend Cedric Maxwell stood in location of Boston Marathon bombing just minutes before 1
- 2014 PBT Awards: Executive of the Year 25
- Playoff Chase: We know all 16 teams going to dance, who dances with whom still up in air 13