SIGN UP FOR THE BREITBART EMAIL NEWSLETTER

76ers Rookie Putting Rookie Salary into Trust He Can't Touch for Three Years

76ers Rookie Putting Rookie Salary into Trust He Can't Touch for Three Years

Philadelphia 76ers rookie standout Michael Carter-Williams is ensuring that he will not be broke like many other professional athletes who have made millions by putting his salary into a trust that he cannot touch for three years. 

Though his “rookie contract guarantees him $4.5 million over his first two seasons” and he “could make a total of $10 million if the Sixers pick up the final two seasons of his contract,” Carter-Williams is depositing his salary “into a trust he can’t touch for three years.”

Instead, Carter-Williams is reportedly “living off endorsement deals with Nike and Panini trading cards.”

P.S. DO YOU WANT MORE ARTICLES
LIKE THIS ONE DELIVERED RIGHT TO YOUR INBOX?
SIGN UP FOR THE DAILY BREITBART NEWSLETTER.


Comment count on this article reflects comments made on Breitbart.com and Facebook. Visit Breitbart's Facebook Page.

SIGN UP FOR THE OFFICIAL
BREITBART EMAIL NEWSLETTER

GET TODAY'S TOP NEWS DELIVERED RIGHT TO YOUR INBOX

I don't want to get today's top news.

x