NBA Foundation created, pledges $300 million to Black growth
Each team will donate $1 million annually, or $30 million collectively, over those 10 years. NBPA President Chris Paul had said earlier in the season restart at Walt Disney World that $300 million would be the start, and now those plans are complete. All NBA team governors recognize our unique position to effect change and we are committed to supporting and empowering young Black men and women in each of our team markets as well as communities across the U.S. and Canada, NBA Board of Governors Chairman and Toronto Raptors Governor Larry Tanenbaum said. These are the three main areas of our social responsibility work at Monumental Sports & Entertainment and where we personally invest in our community, Washington Wizards owner Ted Leonsis said. Efforts will be centered on helping people get a first job, finding careers after high school or college, then career advancement.