Monday, December 9, 2013

The best of financial advisors

There's a lot of competition but the most important element from this article on former Syracuse now 76er talent Michael Carter-Williams is:
...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....
This certainly gives readers the sense that CW won't be one of those athletes declaring bankruptcy in his late 30s or early 40s. 

No comments:

Post a Comment