Jayson Tatum Signs Record-Breaking $315M Deal with Celtics: How He Manages His Money with His Mom’s Help

Boston Celtics star Jayson Tatum made headlines this month after agreeing to a historic five-year, $315 million supermax deal with the team, making it the largest all-encompassing salary for any NBA player in history. Coming off an NBA Championship win, Tatum’s future looks bright both on and off the court.

What sets Tatum apart from other players is his unique approach to managing his finances. In a rare move, Tatum has entrusted his mother, Brandy Cole, to oversee all of his finances, ensuring that he only lives off of endorsements and sponsorships, never touching his Celtics salary. This decision was made before Tatum was even drafted, and it has proven to be a successful strategy for the young star.

With lucrative deals with brands like Jordan, Subway, NBA 2K, and Gatorade, Tatum is not only securing his financial future but also setting himself up for long-term success. His mother credits his determination to rise above their previous financial struggles as the driving force behind his smart financial decisions.

Tatum’s new contract surpasses the previous record set by his teammate Jaylen Brown, and if he continues on this path, he could potentially become a billionaire by the time he retires from the NBA. With his talent on the court and his savvy financial planning off the court, Jayson Tatum is proving to be a force to be reckoned with in the basketball world and beyond.