NBA Board of Governors and NBPA to Launch NBA Foundation to Support Black Communities


The National Basketball Association is continuing its commitment to the Black community.

On Wednesday, the NBA Board of Governors announced that it will contribute $300 million in funding and partner with the NBA Players’ Association to establish the first-ever NBA Foundation dedicated to creating greater economic empowerment in the Black community.

The 30 team owners will collectively contribute $30 million annually over the next 10 years to establish the leaguewide, charitable foundation.

Per the statement, the goals are as followed:

-To increase access and support for high school, college-aged and career-ready Black men and women.

-Assist national and local organizations that provide skills training, mentorship, coaching and pipeline development in NBA markets and communities across the U.S. and Canada.

-Work strategically with marketing and media partners to develop additional programming and funding sources that deepen the NBA family’s commitment to racial equality and social justice

-Focus on three critical employment points: obtaining a first job, securing employment through high school or college, and career advancement once employed.

Many NBA figures have taken a vocal role and leading the way to fight inequality, particularly in recent months.

Many players are wearing league-approved social justice messages on their uniforms while nearly every player has followed Colin Kaepernick’s peaceful protest by kneeling for the national anthem.

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