Carter-Williams’ mother, Mandy Carter-Zegarowski, has made sure her son will be taken care of down the line by setting up a trust that his salary is deposited directly into, according to Philly.com. Carter-Williams can’t touch the money for three years.
In 2009, Sports Illustrated reported that an estimated 60 percent of NBA players are broke within five years of retirement, and Carter-Zegarowski has taken a proactive approach to make sure her young son is set up for the long term with his finances.
Carter-Williams is living off of endorsement deals with Nike and Panini trading cards and shares an apartment with his stepfather during his rookie campaign.