NBA, players’ union reportedly forming $300 million foundation to support social justice
The NBA isn’t just putting “Black Lives Matter” on some courts and calling it a day.
Chris Paul talked about the league partnering with the National Basketball Players Association to form a foundation — with $300 million to start — to focus on social justice issues. And players will get a say in where the money goes. Marc Stein of the New York Times had this report.
Post-game announcements from Chris Paul:
1) NBA and WNBA players will soon speak with Michelle Obama to discuss voting initiatives
2) CP3 spoke with excitement of the NBA forming a joint foundation with the players’ union to support economic empowerment in the Black community
— Marc Stein (@TheSteinLine) July 26, 2020
Adam Silver last night said talks are at an «intense» stage and Chris Paul said the figure being discussed is a $300 million pledge from the league in which players «get an opportunity to determine where it goes.» A formal ownership vote to approve the foundation is expected soon
— Marc Stein (@TheSteinLine) July 26, 2020
There are few details on the foundation, but letting the players vote or otherwise have a say in how the money is spent is a great way to both engage players and get the money to places it can do good.
Expect a vote and more details in the coming weeks, but it’s good to see the NBA walking the walk and not just talking the talk.
NBA, players’ union reportedly forming $300 million foundation to support social justice originally appeared on NBCSports.com