Tag:Cartier Martin
Posted on: July 26, 2011 10:07 pm
Edited on: July 26, 2011 10:10 pm
 

2 NBA players caught in college investing scandal

Posted by Ben Golliverekpe-udoh

Last week, Gary Parrish and Jeff Goodman of CBSSports.com reported that David Salinas, a Houston, Texas, AAU director and investment manager, committed suicide following an SEC investigation into his financial dealings.

In the week since that news broke, CBSSports.com has linked a number of big-time college coaches to Salinas, with some investing more than $1 million with him. 

On Tuesday, SI.com reported that it wasn't just college coaches who got taken for a ride by Salinas. Indeed, two NBA players reportedly invested money with him as well.  
Two NBA players, 2010 Warriors lottery pick Ekpe Udoh ($350,000) and former Wizards swingman Cartier Martin ($374,000), were confirmed to be clients by SI.
Talk about a horrible way to start your NBA career. Udoh was on the books for $3 million last season, his only year in the league, and is now locked out as a sophomore, waiting until the current CBA negotiations are resolved before he sees another paycheck.

$350,000 is an extremely significant portion of his career earnings, especially if that was the money he put aside for investing. Depending on how much he's sunk into taxes and the usual accoutrements like houses and automobiles, there's no question that this loss hurts. The only question is exactly how bad.

As for Martin, it's even worse. He's played in the NBA for portions of three seasons as a journyeman. His salary for the 2010-2011 was less the veteran's minimum: $854,389.  

Usually we think about NBA players being extravagantly wealthy with coaches making a fraction of what the professional players take home. In this case, however, it's very possible --- indeed, likely -- that the long tenured college coaches embroiled in this scandal will be better able to absorb the losses than the players.

Everyone involved, including the players, should have done their due diligence and known better than to invest such sums without more risk protection. It's almost unimaginably tragic to think about someone working their entire life to pursue their dream of playing professional sports only to see the rewards of those efforts evaporate in an alleged ponzi scheme. Udoh, as a lottery pick, should be able to take this less to heart and bounce back. Martin, however, with no guaranteed future in the NBA, has to deal with the fact that his best financial days could very well be behind him. At the ripe old age of 26.
Posted on: November 3, 2010 11:03 am
Edited on: August 14, 2011 8:25 pm
 

Game Changer 11.3.10: The Wiz find a way

John Wall dances during introductions, gets his first win as a pro and nearly notches a triple-double, Rajon Rondo does something that hasn't been done in more than three years, Cartier Martin goes hero status, and a bunch more. Posted by Ben Golliver

Each game is made up of elements which help formulate the outcome. Monday through Friday, we'll bring you the elements from the night before's games in our own specialized version of the game recaps. It's not everything that happened, but it's an insight into what lead to the results you'll see in the box scores. This is the Game Changer.

THE BIG ONE: WASHINGTON STEALS ONE AT HOME

In a night that was otherwise filled with double-digit victories around the NBA, the Washington Wizards staged one heck of a comeback to steal a 116-115 win at home against the Philadelphia 76ers.  The Wizards, who blew a lead earlier in the fourth quarter, started fouling repeatedly in the last minute of regulation to extend the game. Up three in the game's closing seconds, Philadelphia elected not to foul, and Washington used a side inbounds play to set up a top of the arc 3-point attempt for forward Cartier Martin, who appeared to be the third option on the play. Whether he was meant to take the shot or not, Martin, who has attempted just 86 3-pointers in his 53 game NBA career, buried an off-balance, lean-in attempt in front of 76ers forward Andre Iguodala. He then joined a group hug celebration in front of the Wizards bench, before they all realized they still had to play five minutes of extra time.  In the tightly-contested overtime period, Wizards rookie point guard John Wall was the difference, scoring four points, dishing out an assist to Andray Blatche and making two key defensive plays during the extra period, on his way to an eye-popping stat line: 29 points, 13 assists and 9 steals (which tied a franchise record) . But it was Blatche who provided the winning margin in a 116-115 come-from-behind victory, hitting a pair of clutch free throws with seven seconds left. The Sixers really stumbled down the stretch with some sloppy late-game execution. Jrue Holiday was the biggest culprit, finishing with six turnovers on the night, but multiple times in the closing minutes, they struggled to inbounds or outlet the ball in the backcourt under full court Wizards pressure. With the ball and seven seconds left on the block in overtime, the Sixers could only manage a difficult, contested, off-balance jumper for Iguodala. If not for yeoman's work from Lou Williams at the free throw line (15-17), it would have looked even worse. Philadelphia stays winless on the season and this one undoubtedly stings the worst, given the circumstances. Kate Fagan of Philly.com sums it up nicely in her discussion of Martin's game-winner...
It seems swingman Andre Iguodala gets caught for a second on the screen set to free Martin. Iguodala trails Martin -- as he's supposed to -- but he's too far behind to keep Martin from catching at the three-point line, and Iguodala is just not in a good position to take a good foul on Martin. There's no lack of effort from Iguodala (in watching the replays), it just seems like the kind of play that continually haunts the Sixers.
And so they remain winless.
Philly joins the Detroit Pistons and the Los Angeles Clippers as the only 0-4 teams in the NBA, and the bad news gets worse. After the late Tuesday loss, Philly must return home for a rematch with the Indiana Pacers on Wednesday night. While Philly is playing the away-and-home back-to-back, the Pacers have enjoyed two days off since defeating the Sixers in Indiana on Saturday.

GO-GO-GADGET LINE OF THE NIGHT:

Rajon Rondo:  9 points, 3 rebounds, 17 assists, 4 steals, 0 turnovers on 3-7 shooting in 36 minutes. According to Basketball-Reference.com , the last time an NBA player had 17 or more assists and 0 turnovers in a regular season game was April 14, 2007. The man who did it? Steve Nash, point guard for the Phoenix Suns. Honorable Mention goes to... John Wall:  29 points, 2 rebounds, 13 assists, 9 steals and 8 turnovers in 45 minutes on 9-16 shooting.

Wall was just one steal shy of a triple-double in his third game as a pro.  Michael Lee of the Washington Post notes on Twitter that "is just the second player in NBA history to get at least 70 points & 30 assists in his first 3 games. The other? Oscar Robertson."

YOU SHOULD KNOW:

After losing to the Celtics in their opening game, the Heat have now won nine straight halves of basketball. Last night, they blew out Minnesota 129-97.

DON'T MISS:

The Knicks and the Magic were scheduled to play Tuesday night at Madison Square Garden, but asbestos intervened . Surely Knicks center Eddy Curry can be blamed for this somehow. In way less sketchy news, Los Angeles Lakers guard Kobe Bryant is in for the 2012 Olympics in London .  Also, Miami won big again, thanks to 20 points and 12 dimes from LeBron James, who was reportedly playing through a minor leg injury.

WHIMSY:

Washington Wizards point guard John Wall reacts with glee as the Wizards win their home opener in overtime at the Verizon Center on Tuesday night. Wall was huge, nearly notching a triple double, and his night began with care-free exuberance too: he danced "The Dougie" during his pre-game introduction . john-wall

 

HERO OF THE NIGHT:

No single play led to Wall's joyous reaction more than a last-second 3-point shot by Wizards forward Cartier Martin, who leaned in on 76ers forward Andre Iguodala before burying the trey to force the game into overtime.

Mike Prada notes over at BulletsForever.com  that the heroics are a new thing for Martin, who was surprised to learn the media wanted to get his post-game reaction to burying the triple.

ONE FINAL THOUGHT:

As of 2 a.m. Eastern Wednesday morning, former Cleveland Cavalier, New Jersey Net, Phoenix Sun, New York Knick and Portland Trail Blazer center Chris Dudley, he of the 45.8% career free throw percentage, was in a dead heat  in his Oregon gubernatorial bid. Dudley is running as a Republican, facing Democrat John Kitzhaber, who has served as Oregon's governor twice previously.

Follow F&R on Twitter at @CBSSportsNBA and check out our RSS feed . This has been your daily edition of the Game Changer.
Posted on: November 3, 2010 1:01 am
Edited on: August 14, 2011 8:23 pm
 

Video: Cartier Martin hits last-second 3-pointer

Washington Wizards forward Cartier Martin hit a last-second 3-pointer against the Philadelphia 76ers to send the game into overtime, where the Wizards eventually won. Posted by Ben Golliver What a wild night in Washington, where the Wizards defeated the Philadelphia 76ers in overtime to win their home opener at the Verizon Center, 116-115.  Wizards forward Cartier Martin sent the game to overtime by nailing a step-in 3-pointer in the last second of regulation over Sixers forward Andre Iguodala. John Wall led the way for Washington, nearly notching a triple-double with 29 points, 13 assists and nine steals. For more on the game, head over to CBSSports.com's GameTracker.
 
 
 
 
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