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Amazon has introduced a new delivery service that caters to low-income families to help cut costs and time for grocery shopping. According to a press release, the retail giant unveiled its grocery delivery subscription, which is provided at a lower cost to individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits. Available in over 3,500 U.S. cities, the subscription provides unlimited grocery delivery on orders more than $35 from Amazon Fresh, Whole Foods Market, and other local grocery retail stores on Amazon.com. Customers who use a registered EBT (electronic benefit transfer) card to purchase groceries aren’t required to have a Prime membership to access the subscription’s benefits, the press release details. The cost for this group of customers is $4.99 per month, and Prime members pay $9.99 per month. Under the new Amazon subscription, both SNAP recipients and Prime members are offered convenience through one-hour delivery windows and 30-minute pickup...
A program is helping a group of Black women restructure their finances. Business Insider reports that the Georgia Resilience and Opportunity Fund is behind In Her Hands, an Atlanta, GA-based guaranteed income program launched in 2022 that gives 650 low-income Black women $850 per month. What’s more, the selected women are supported by the program for two years. Economic relief from the program was used by 45% of participants to pay their bills; almost 30% said they were able to store money for “rainy day” funds; and 27% used it to pay off debt, the outlet notes. Among the 650 participants is C. Harper, who, before enlisting in the program, faced trouble paying her rent. Now, with the help of In Her Hands, the Georgia resident was able to secure permanent housing for her family as well as earn a teaching certificate, which led to “a better job.” According to the Georgia Resilience and Opportunity Fund website, In Her Hands, a $13 million initiative, was launched as a way to provide...
Every friend group has a “fun person.” You know exactly who they are. You can always count on them for a turn-up, positive vibes, and an overall good time. But what happens when the person you least expect becomes that person? Well, you give them space to exist and support their decision to live and enjoy life. Despite how he navigates the public, Los Angeles Clippers player Kawhi Leonard considers himself a “FUN GUY,” and soon everyone will know. Born in Los Angeles, CA, Leonard first entered the NBA as the No. 15 draft pick by the San Antonio Spurs. After spending seven seasons with the Texas-based franchise, the small forward landed with the Toronto Raptors. There, he led the Canadian-based team and won the 2019 NBA Championship. Leonard’s stint in Toronto was short. He began the 2019-2020 NBA season with the Los Angeles Clippers alongside NBA star Paul George. Leonard had a serious injury during the 2021 playoff run. After tearing his ACL, he would miss the remainder of the...
Basketball hosted one of its most exciting nights, the NBA draft. Each year, prospects from around the world wait in anticipation, hoping their hard work on the collegiate level or in semi-professional leagues will earn them one of the most coveted spots in the world’s most revered basketball league. Year after year, new talent emerges, and the idea of who will be the NBA’s next big star enters sports chats. With all of the hype around this pivotal night, another focus is the deals and payouts draftees receive due to their newfound success. Young superstars of today benefit from rising costs due to inflation, the advancement of endorsement deals, and the ability to leverage highlight reels and salary caps to move the needle for their large rookie contracts. Photo Credit: Nic Antaya By comparison, some of the league’s best players in history commanded top-dollar salaries. For example, Ervin “Magic” Johnson signed an estimated $2.3 million contract over five years as part of his 1979...
Details about the Derrick Rose deal with adidas have been released, and needless to say, he’s making sure that everybody eats. Fadeaway World is reporting that the NBA superstar first signed his deal with the shoe giant back in 2012, and he made sure that there were provisions for both his brother and his best friend — his two closest confidantes — to get paid. “Along with his own deal that brought him $12 million per season between 2012 and 2017, Derrick Rose ensured that his brother would make $250-300,000 for his role as a consultant. And for his best friend, Rose ensured that he would make $50-75,000 a year for his role as a consultant as well,” reports the outlet. Even though Rose hasn’t had the easiest of times making his basketball career jump off, he knew that he had to keep his family and friends paid. That, according to him, was a way toward financial security. Fortunately, he figured out a way to do it with the adidas deal, even as his salary with basketball continued to...
All Star Code (better known as ASC) is building the next generation of Black leaders. It’s an organization that provides young, intelligent, driven men of color with the access that they need within the computer science field. In so doing, it builds the Black excellence that lives within them. As a non-profit computer science organization, ASC continues to build economic opportunity that in turn empowers Black and Latino young men with the skills, networks, and mindsets needed to create their own destinies within the world of technology. “We envision a country where all young men of color have the access to the tools of success, where the ability to thrive is available to all who are willing to dare greatly,” said Danny Rojas, Executive Director of All Star Code, in an exclusive interview with AfroTech. “Our mission is to create economic opportunity by developing a new generation of boys and young men of color with an entrepreneurial mindset who have the tools they need to succeed...
Basketball superstar Klay Thompson recently scored in the tech world. In a $40 million funding round led by venture capital firm Andreessen Horowitz, the National Basketball Association (NBA) star’s Thompson Family Foundation has invested in fantasy sports startup Sleeper, reportedly quadrupling its value to more than $400 million. According to Bloomberg, the funding will be for “product development and hiring in areas including engineering, design, customer support, finance and marketing.” Joining Andreessen Horowitz and Thompson were existing backers General Catalyst and Birchmere Ventures along with angel investors that included Miami Dolphins player Byron Jones and former NBA player Shane Battier, Bloomberg reports. Sleeper’s initial focus was on the National Football League (NFL) and the NBA, but the pandemic’s impact pushed them to extend into esports as well. In addition, the startup also added college basketball this year. “Originally, the goal was to do arena sports and...
It’s no secret that collegiate athletes have been cashing in on deals after recent changes to the name, image and likeness (NIL) laws. Now, one startup wants to help them take advantage of the changes by cashing in through another method — the monetization of video content. Curastory — a creator tool — helps student-athletes by “connecting brands in need of video content with athletes, influencers and actors who create video content and are willing to create directly for brands,” Sport Techie reports. “So if you have a video talking about your pregame meditation routine, multiple brands can sponsor that, like Calm,” Founder Tiffany Kelly told Sport Techie. “As opposed to making an influencer post for Calm, it’s natural. You don’t mention Calm, other than audio and logo attribution between breaks, and Calm’s logo just so happens to be on the video.” The unique technology not only allows athletes to have more creative power over their digital content, but Curastory also opens doors...
This rapper is entering into new territory. As both a rapper and businessman, Yo Gotti helms as the founder of Collective Music Group. The record label has signed heavy hitters like 42 Dugg, Moneybagg Yo and Blac Youngsta. Now, the music boss is stepping into new territory setting his eyes on a new business venture. According to The Washington Post, Yo Gotti has joined petroleum executive Eyob “Joe” Mamo as a part of an investment group for Major League Soccer (MLS) team D.C. United. Other affiliates associated with the group have not been identified but are speculated to be in the national business sector. The group is projected to gain a six percent stake in the MLS if approved. Yo Gotti has reached an agreement to purchase a minority stake in D.C. United, per @novy_williams . The rapper is part of a group that will gain about a 6% stake in the MLS club, pending approval. In June, RB Mark Ingram also invested in the team at a valuation of about $710M. pic.twitter.com/v5vUaHhWXb —...
The NBA Foundation is working to make impactful strides in the social justice sector for its inaugural year. Just one year after the Milwaukee Bucks held a strike following the police shooting of Jacob Blake, the NBA has demonstrated a better understanding of what it means to invest in social-justice-driven philanthropy. In doing so, it’s putting its money where it’s needed most to uplift the next generation of Black leaders. According to an announcement from the NBA, the league’s newly-created foundation celebrated its one-year anniversary last week by distributing $6 million to 22 different organizations who aim to “create employment opportunities, further career advancement and drive economic empowerment for Black youth.” These grant recipients — including Black Girl Ventures — were a part of the foundation’s third round of grant funding to be given out in its first year. As part of its one-year anniversary, the NBA Foundation announced 22 new grants totaling $6 million today to...
The NBA Foundation has announced a second round to distribute funds from its $3 million grant program to help generate more career and employment opportunities in Black communities as well as use its influence to drive economic empowerment. “The grants will enhance and build upon the important work of these national and local organizations that align with the NBA Foundation’s mission to provide skills training, mentorship, coaching and pipeline development for high school, college-aged, job-ready and mid-career individuals in Black communities across the United States and Canada,” the league told CNBC. According to an announcement from the NBA, nine organizations have been selected to join the foundation’s second grant round — Big Brothers Big Sisters of Miami, Braven, Center for Leadership Development, City Year, CodeCrew, The Collective Blueprint, NAF, New Heights Youth and Road to Hire. Following the high-profile murders of individuals like George Floyd last year, teams from...
Steps by major companies and organizations are still being taken to ignite change and empower the Black community. On Wednesday, the NBA Board of Governors — in partnership with the National Basketball Players Association — announced that it will be contributing $300 million toward establishing the first-ever NBA Foundation dedicated to strengthening the Black community economically in an official press release . “On behalf of the NBA Board of Governors, I am thrilled to announce the creation of the NBA Foundation,” said NBA Board of Governors Chairman and Toronto Raptors Governor Larry Tanenbaum, according to the press release. “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.” The foundation’s mission is to strengthen access and extend support for high school, higher education, and “career-ready” Black men...