The NBA Is Donating $300 Million Over The Next Decade To Black Empowerment

TOPLINE

The NBA is to donate $300 million over the next decade to boost economic growth in the Black community, through the establishment of a new foundation finalised by the league’s Board of Governors and the National Basketball Players Association, it announced on Wednesday.

KEY FACTS

The newly established NBA Foundation is a charitable organization aimed at economically empowering Black communities, primarily through education and youth employment.

All 30 NBA teams will donate $1 million each, per year for 10 years, while an eight-person board of directors is also being set up.

As well as increasing “access and support for high school, college-aged and career-ready Black men and women,” the foundation will also assist local and national organizations that provide mentorship, training and coaching in NBA markets across the U.S. and Canada.

It will also deepen the NBA’s “commitment to racial equality and social justice”, the league said.

The restart of the league has been marked with players and coaches taking a knee during the national anthem to show support for anti-racism protests that swept the nation following the death of George Floyd in May.

Key background

The NBA has built a reputation over the last decade as America’s “progressive” sports league. Some of the league’s most famous stars have been outspoken champions of the Black Lives Matter movement in the wake of Floyd’s death, with some, including Russell Westbrook and Stephen Curry, joining anti-racism protests. Players have been backed by commissioner Adam Silver in their peaceful protests for social justice, who has said he won’t enforce decades-old NBA rules requiring players to stand during the anthem. The $300 million program suggests that the league and team owners are putting money behind their platitudes and are following in the wake of other leagues like the NFL, who’s abrupt U-turn on punishing players like Colin Kaepernick for anti-racism protests was followed with a massive $250 million pledge to combat systemic racism. In June, NFL heavyweights Tom Brady and Drew Brees led 1,000 professional athletes in writing to Congress to demand an end to qualified immunity, a legal doctrine that they say protects police from being held accountable.

Tangent

WNBA players this week wore T-shirts showing support for Georgia Sen. Kelly Loeffler’s political opponent, after Loeffler, co-owner of Atlanta Dream, wrote a letter to WNBA Commissioner Cathy Engelbert saying she opposes plans for the league to honor the Black Lives Matter movement. Players from five teams wore T-Shirt that read “Vote Warnock”.

Further reading

NBA Board of Governors launch first-ever NBA Foundation with NBPA to support Black communities and drive generational change (NBA)

Sen. Loeffler: WNBA Players’ Support For Election Opponent Is Proof Of ‘Out-Of-Control Cancel Culture’ (Forbes)


Speak Your Mind

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get in Touch

350FansLike
100FollowersFollow
281FollowersFollow
150FollowersFollow

Recommend for You

Oh hi there 👋
It’s nice to meet you.

Subscribe and receive our weekly newsletter packed with awesome articles that really matters to you!

We don’t spam! Read our privacy policy for more info.

You might also like

Former Indian Billionaire’s Gulf Dream Turns Sour

The national flag of the United Arab Emirates flies...

Helm.ai raises $13M on its unsupervised learning approach to...

Four years ago, mathematician Vlad Voroninski saw an opportunity to remove some of the...

Gold Fields Reviewing Approvals Given At Australian Sites After...

JOHANNESBURG: Miner Gold Fields said on Friday it was reviewing the approvals given...

Mitsubishi Heavy Industries BrandVoice: 5 Factors That Will Enable...

By Andrea Willige Using hydrogen as a power source is not a...