NBA owners give $300M to foundation that supports Black community

The NBA is creating a foundation aimed at “creating greater economic empowerment in the Black community.” NBA owners will contribute $300 million over the next 10 years to establish the new foundation, the league announced Wednesday.

The foundation is focused on helping high school, college-aged and career-ready Black men and women obtain their first job, secure employment following high school or college and advance in those careers.

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