The NBA’s Board of Governors and the NBPA have finalized plans to create the first NBA Foundation that will work to spur economic growth in the Black community, announcing that the initial contribution will be $300,000,000 over the next decade.
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.
The league said the charity would be public and that the foundation would work to deepen “the NBA family’s commitment to racial equality and social justice.” Those missions have been front-and-center at the restart at Walt Disney World, where games are played on courts with “Black Lives Matter” painted on them and about 85 percent of players are choosing to have a social justice message on their jerseys for the remainder of the season.
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