Perhaps the biggest surprise of the 2013 NBA draft has been Michael Carter-Williams.
The Philadelphia 76ers' guard, who narrowly missed notching a triple-double in his first NBA game, leads all rookies in points (17) and minutes (36) per game. He has been a revelation for a Philadelphia squad that has otherwise struggled to live up to its early-season success.
In an excellent profile of Carter-Williams in the Philadelphia Inquirer, Keith Pompey reveals why the 22-year-old has probably not let his rapid rise to stardom get to his head. Pompey writes that Carter-Williams' mother, Mandy Carter-Zegarowski, and her best friend, Tracie Tracy, are heading the youngster's management team. They've decided to place the $4.5 million he'll earn in guaranteed salary in a trust that Carter-Williams can't touch for three years.
So Carter-Williams is currently living off of his endorsement deals with Nike and Panini trading cards. Nothing to sneeze at, surely, but probably nowhere close to the $2.2 million in NBA salary he'll make this year.
Carter-Williams' situation is reminiscent of Klay Thompson, the Golden State Warriors' third-year forward whose father, former NBA player Mychal Thompson, said that he was controlling his son's fortune and only paying Klay an allowance. But as it turns out, that story was not true.
As far as we can tell, the report about Carter-Williams is accurate and probably for the best. Sure, it'd be nice for him to control all that money, but for a 22-year-old a fortune like that can be superfluous and even distracting. This way Carter-Williams won't have to worry about what to do with all that dough. Plus, in the unlikely scenario that he is out of the league in two years, he'll have an enviable safety net.
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