NBA clubs commit Sh32 billion to black empowerment
LeBron James #23 of the Los Angeles Lakers runs past the NBA logo at center court against the LA Clippers during the first quarter of the game at The Arena at ESPN Wide World Of Sports Complex on July 30, 2020 in Lake Buena Vista, Florida. PHOTO | MIKE EHRMANN | AFP
The NBA Foundation, launched in partnership with the National Basketball Players Association (NBPA), will see all 30 club owners contribute a collective $30 million annually for 10 years in initial funding to support racial equality and social justice
NBA players are wearing messages of support for cultural issues on jerseys as they finish their season while "Black Lives Matter" is written upon all courts where games are played
The foundation mission will be to drive economic empowerment for black communities through employment and career advancement, boosting access and backing for high school, college-aged and career-ready black men and women
NEW YORK
NBA team owners will contribute $300 million (Sh32 billion) over the next decade to establish a charitable foundation dedicated to economic empowerment in the black community, the league announced Wednesday.