Michael Carter-Williams salary going into trust he can’t touch

30 Comments

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.

All of his money right now is going into a trust set up by his family, as reported at the Philadelphia Inquirer (via The 700 Level at CSNPhilly.com).

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).

Watch Kawhi Leonard chop boards ‘karate styyyle’ (video)

AP Photo/Eric Gay
Leave a comment

Kawhi Leonard, enabled by the Spurs’ no-nonsense culture, is probably the NBA’s most boring superstar.

He’s widely recognized as the league’s best defender, and he has worked himself into an elite offensive threat. He has already won a Finals MVP, and regular-season MVP could eventually be in the cards.

But Leonard is notoriously reserved. For someone who has been on this stage for so long, we know little about him.

Except we now know he apparently likes karate.

Leonard:

Gonna chop y’all up. Look at all of us. Karate styyyle.

If “karate styyyle” doesn’t become Leonard’s catchphrase, I don’t even know what we’re doing.

Leonard will finally have the chance to chop up an NBA opponent tonight, when he makes his return from injury.

Michael C. Wright of ESPN:

Kevin Durant brings fan to tears with autographed shoes (video)

2 Comments

Kevin Durant has become a villain to many.

Clearly not to this Warriors fan, though.

Carmelo Anthony leaves without speaking to media, will probably get fined

Matthew Stockman/Getty Images
6 Comments

Lately, Carmelo Anthony has parsed whether the Thunder are frustrated or angry and said he’s going through the roughest stretch of his career.

It didn’t get any better last night.

Anthony scored 11 points on 12 shots with three turnovers, and Oklahoma City got outscored by 21 points with him on the floor in a home loss to the Hornets. The Thunder have now lost two of three, falling to the lowly Nets and Hornets and needing overtime to beat the freefalling Grizzlies.

Royce Young of ESPN:

Anthony today:

I’m sorry. My bad. I had a FaceTime session with my son, so I skipped out on you guys yesterday. I apologize. It’s true, though. That’s true. It’s true. He had a school night.

The NBA’s media-access rules state: “All players must be available to the media for a minimum of five to 10 minutes during the postgame media access period.” It’s been a while since someone got punished for violating the policy, but Kevin Garnett was fined $25,000 for not speaking to the media after Game 7 of the 2012 Eastern Conference finals.

I’m sympathetic to Anthony wanting to speak to his son, who’s still in New York. But the league tends not to take these personal concerns into consideration, which is probably for the best. There’s a rule. Anthony violated it. Assessing which personal calls should supersede the rule is a can of worms not worth opening. Besides, Anthony probably could have returned to the locker room for an interview after concluding the call.

Anthony earns a lot of money. If he wanted to risk a $25,000 fine to speak with his son, I have absolutely no problem with that. But that’s probably the choice he made.

In my experience, Anthony has been forthright with the media. He spent years as the face of the Knicks, dutifully answering for problems created by James Dolan and Phil Jackson. Because he was available nearly daily while his superiors avoided interviews, Anthony was the grilled by the New York media.

I bet he expected a reprieve in Oklahoma City. Instead, the spotlight has shined on him as a problem with the underwhelming Thunder.

It’s understandable he’d rather talk to his son than reporters. But it’s also understandable the NBA wants to promote its business through the media, and the league has power to enforce its rules.

Grizzlies fan absolutely owns kids halftime scrimmage (video)

AP Photo/Brandon Dill
1 Comment

The Grizzlies lost for the 15th time in their last 16 games, a 25-point drubbing at home against the Heat, last night.

But it wasn’t all doom and gloom in Memphis.

This young fan – while playing in the halftime scrimmage – stopped his dribble, stepped on the ball, whipped off his youth jersey to reveal a Marc Gasol jersey, flexed, re-started his dribbled then drove for a basket.

Matt Ellentuck of SB Nation:

The Grizzlies don’t deserve this hero.