Despite $30,000,000 Net Worth, Mother Has a Tight Grip Over Jayson Tatum’s Purse and Shaquille O’Neal Seems Proud

Published 05/22/2023, 7:50 AM EDT

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NBA athletes are among the highest-paid individuals globally, with many earning millions of dollars during their careers. While it is commonly believed that entering the NBA guarantees financial security for life, it is crucial to exercise caution with finances due to the limited playing time that typically lasts until around the age of forty. A recent revelation about Jayson Tatum‘s approach to managing his money has garnered admiration from many including Lakers icon, Shaquille O’Neal.

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Jayson Tatum has secured a significant five-year contract with the Boston Celtics, valued at $163 million. This deal places him among the highest-paid players in the NBA and makes him the highest-paid athlete within the Boston Celtics organization.

Shaquille O’Neal endorses Jayson Tatum’s unique way of handling money

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It was revealed that Jayson Tatum has made a strong promise to his mother. The Boston Celtics star was in the news as his unique way of managing his finances was revealed. To safeguard his wealth, Jayson Tatum has reportedly made a promise to his mother that he will not touch his NBA earnings and will solely rely on income from endorsements.

He also seeks his mother’s permission before making significant purchases, a surprising move for a high-profile NBA figure who is a multimillionaire.

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Shaquille O’Neal, who has expertise in managing his finances also owing to his mother’s strictness, appeared to endorse this approach by reposting a story that discussed Jayson Tatum’s financial habits.

 

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It is inspiring to witness the deep respect and admiration that the Celtics star holds for his mother. Reports have indicated that Tatum’s mother has had a significant impact on shaping her son’s life and values.

Jayson Tatum’s mother is losing leverage over her son

Brandy Cole-Barnes became a mother to Jayson Tatum while she was still pursuing her education. After spending a year at Duke University, Tatum was drafted into the NBA. Despite his mother’s desire for him to complete his college degree, she was unable to persuade him, even with her influence over his finances. Tatum emphasized that his NBA earnings surpass those of his mother, despite her holding multiple college degrees. Cole-Barnes acknowledged that her leverage over her son is diminishing as his stature rises, particularly as he establishes himself as an NBA All-Star player. As a result, Jayson Tatum becomes eligible for a potential supermax extension in his contract.

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WATCH THIS STORY: Jayson Tatum infuriates Kevin Hart.

Do you admire Tatum’s way of handling his money? Let us know in the comments.

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Written by:

Aaditya Negi

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Aaditya is an NBA writer at EssentiallySports and has been following the game for a number of years. He is an avid fan of the NBA and follows what’s happening in the league on a daily basis. Having worked as an intern in the sports domain, his passion for writing arose from his fondness for the intricacies of the game.
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Edited by:

Jayant Chhabra

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