December 18th, 2013
10:57 AM ET

NBA Rookie: 'I'm Really Concerned About Saving My Money'

NBA rookie Michael Carter-Willams plays for the Philadelphia 76ers.

Bleacher Report, in a recent article about the player, says "Averaging 17.7 points, 7.3 assists, 5.8 rebounds and 3.1 steals per game is pretty much ridiculous... these kind of numbers would solidify Carter-Williams' rookie season among some of Philadelphia's best."

But the star is making headlines for his financial smarts too.

Carter-Williams spoke to "New Day" Wednesday saying he's going to put his salary in a trust fund for three years as a way to protect his financial future.

"It was definitely a big team discussion, with my family, my academic advisor, who I've known for a while now, we all got together  and they came up with the idea and I couldn't agree more," he said.

The athlete believes he is in good hands because he says his mother works for a company that helps young players get started with housing and financial frameworks.

" I know she has the best interest in me, not only because I'm her son, but because it's her job."

The rookie mentions he still has money coming in from a contract with Nike but he says this trust is a good idea because "I'm really concerned about saving my money and, you know, trying to save it for the long run."

SEE FULL INTERVIEW ABOVE

Posted by
Filed under: Interview • News • Videos
soundoff (5 Responses)
  1. Devo

    A good example of delayed gratification. This not only applies to professional athletes, but all of us!

    January 12, 2014 at 2:31 am | Reply
  2. D Hyrum Vaughn

    Smart kid. If he's going to continue to be responsible like this I wish him nothing but success.

    December 19, 2013 at 8:22 am | Reply
  3. Kev Wayne

    SMART MAN.....NUFF SAID.

    December 19, 2013 at 8:11 am | Reply
  4. Wow

    Big freaking whoop

    December 19, 2013 at 7:09 am | Reply

Post a comment


 

CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.

Follow

Get every new post delivered to your Inbox.

Join 350 other followers