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Boston Celtics star Jaylen Brown remains committed to supporting Black-owned businesses, empowering communities of color, and fostering generational wealth along the way. On Feb. 14, 2024, Brown announced the launch of OaklandXChange, a sister project to his nonprofit, BostonXChange (BXC). Jaylen Brown announces a new business district and incubator program as part of his Xchange fund in a speech at a community luncheon at Oakstop in Oakland pic.twitter.com/kZwpd0HYEM — Celtics on CLNS (@CelticsCLNS) February 14, 2025 Founded in 2024, BXC aims to create $5 billion in generational wealth within Boston, MA’s communities of color, AFROTECH™ previously reported. The organization provides funding, resources, workplaces, and mentoring from seasoned individuals to Black and minority entrepreneurs, helping them launch businesses that contribute to sustainable economic growth . According to Sports Illustrated, OaklandXChange, which launched in partnership with Jrue and Lauren Holiday’s JLH...
Jayden Daniels is using virtual reality technology to improve his performance on the field. According to Pro Football Network, the Washington Commanders quarterback has discovered a link between technology and football through an advanced VR tool that operates at 1.75 times the normal speed. The technology challenges Daniels with scenarios that unfold faster than he experiences in actual gameplay. “It moves faster within the VR than actual human beings…Once you get out there, everything slows down,” Daniels told The Athletic. “I know this is coming. I’ve seen this before, (and) it moved more than 20 times faster in VR.” Jayden Daniels made VR training a condition for any team drafting him. Now he’s NFL Rookie of the Year and 1 game away from the Super Bowl. His edge? Training his brain at 1.75x speed. The story of the first QB 2.0:🧵 pic.twitter.com/OndJs0Azme — Todd Jacob (@thetoddjacob) January 19, 2025 Daniels reportedly had a VR training requirement for any team that drafted him,...
World-renowned boxer Floyd Mayweather is making headlines for a recent knockout away from the ring: the gift he gave his grandson on Christmas Day. This year for the holidays, little KJ became the owner of a $20 million building in the Diamond District of New York City as shown in a heartwarming video circulating on social media . The three-year-old is the son of Iyanna Mayweather and rapper NBA Youngboy (who has 12 kids total); while their relationship didn’t last, Floyd has infinite love for his grandson, even proudly showing off the toddler’s boxing skills over the summer. Through his success, Mayweather has created generational wealth for his family, including Iyanna’s four siblings and their children. He was once the fifth-highest-paid athlete of all time, ending his career with a 50-0 record. However, his achievements and earnings are not the result of an easy path. As CNN reports, the icon’s father, after being released from prison , began training him for success at an early...
Russell Okung has no regrets about deciding to be paid in bitcoin. The two-time Pro Bowler previously played for the Carolina Panthers when he made history as the first NFL player to receive part of his salary in bitcoin, according to Sports Illustrated. In 2020, he decided to accept half of his $13 million salary in bitcoin, converting the $6.5 million at market rates and receiving 240 bitcoins. no more broke athletes. no more lost generational wealth. pay me in bitcoin pic.twitter.com/ZqTM0Y1fsC — OKUNG 🐆 (@RussellOkung) November 13, 2024 “I’m looking at Bitcoin. I’m talking to this young kid, young Silicon Valley type. We’re talking about me being paid in Bitcoin. I’m giving ’em the vision, but how will we do it,” Okung recalled in a video clip shared on X. “They’re not willing to adjust the collective bargaining agreement between the players and the owners. So what can I do to get the Carolina Panthers to play ball? Here’s the power of Bitcoin with U.S. dollars. You have to rely...
LaMelo Ball , the Charlotte Hornets’ star point guard, has quickly risen as one of the NBA’s brightest young talents. Known for his flashy style of play and basketball IQ, LaMelo has garnered attention not only for his on-court success but also for his business ventures and endorsements. In this article, we’ll explore LaMelo Ball’s net worth in 2024, the factors that have contributed to his wealth, and his standing as one of the most marketable young athletes in the NBA. Key Sources Of LaMelo Ball’s Wealth LaMelo Ball’s net worth is driven by several key factors: NBA Salary: Ball signed a rookie-scale contract after being drafted third overall by the Charlotte Hornets in 2020. His initial contract, worth about $35 million over four years, provided him with a solid financial foundation. In 2024, LaMelo is playing under a max contract extension that significantly boosts his earnings. The deal, likely exceeding $200 million over multiple years, cements LaMelo as a franchise cornerstone...
Snoop Dogg is a marketing machine. The rapper, who is also a serial entrepreneur and the owner and CEO of Death Row Records, kept himself busy over the summer as the torchbearer and NBC Special Correspondent during the 2024 Paris Olympic Games. Snoop Dogg’s screen time included travel with the U.S. men’s basketball team, which concluded with a segment about the team’s synergy in conversation with sports commentator Mike Tirico. He also shared some viral moments, including a swim lesson with 28-time Olympic medalist Michael Phelps and his attendance at the gymnastics qualifying round, which sparked a dance moment with Simone Biles and Jordan Chiles. Speaking of his appointment he told The Associated Press, “This opportunity was nothing but a chance for me to show the world what it’s supposed to look like when you put the right person in the right environment.” It appears NBC Sports’ coverage of the 2024 Paris Summer Olympics has led to a significant boost for its parent company,...
Druski is investing in his dreams. Druski, born Drew Desbordes in Columbia, MD, began his journey by posting skits on Instagram under the handle druski2funny. The comedian’s social presence has continued to rise. 2020 served as a pivotal year, with his skits generating 1.5 million views and catching the attention of celebrity figures such as Jack Harlow, Odell Beckham Jr., and Drake, making a cameo in the rapper’s “Laugh Now Cry Later” (2020) video, Complex reports. On Instagram alone, Druski’s following has grown to 8.2 million. Additionally, his comedic footprint has led to a net worth exceeding $1 million as of 2023. As AFROTECH™ previously mentioned, the feat is a result of ventures including live shows, tours, and partnerships with companies including teampixel, RGG Studio and SEGA, and PrizePicks. View this post on Instagram A post shared by DRUSKI (@druski) Despite his success, being a comedian was not initially a goal post for Druski until he found himself depressed as a...
Anthony Edwards has been making headlines recently for his prolific performance on and off the court . Since joining the NBA in 2020, the young legend has already managed to stack up a list of accolades a mile long and has even landed a front-and-center placement as the subject of a season-long documentary with Netflix’s Starting 5 . The latter has seen Edwards popping up in the news a lot lately, due to his braggadocios nature and tendency to roast Jayson Tatum every chance he gets. Since Edwards has become such a major media figure in recent years, it only makes sense that we take a look at his net worth and various streams of income . According to Celebrity Net Worth , Anthony Edwards is currently packing an impressive nest egg of over $40 million, exemplifying his meteoric rise to super-stardom. So, let’s take a moment to study Edwards’ rise to popularity, college and NBA records, and other various streams of income to see what we can learn about his fast accumulation of...
Despite retiring from the NBA after an illustrious 19-season career, Carmelo Anthony’s impact on the sport is set to continue in a significant way. According to Andscape, Anthony will become the new ambassador of Australia’s National Basketball League (NBL) and owner of one of the league’s future expansion teams. The NBL is the premier basketball league in Australia and New Zealand and currently has 10 teams. While the location of the future expansion team remains a mystery, National Basketball League President Larry Kestelman and Carmelo Anthony are set to forge a strategic partnership to determine the ideal spot for a new team. “He is someone whose vision for the game is global and has influence to help young players actually succeed and get ready for the big stage of the NBA,” Kestelman told the outlet about the deal. “We’re going to work for him to look at the right place, the right team to get involved with, where he can influence a lot of individuals, help them grow, and...
Damson Idris is a British actor best known for his roles in projects such as “Snowfall” and “Outside The Wire,” as well as a few other front-and-center placements in productions such as “ Black Mirror .” Despite having amassed only a handful of prominent roles, Idris seems to be playing his cards right in his career, taking a real quality over quantity approach. This is evidenced by his impressive net worth, which is said to clock in at $10 million to $13 million, according to a write-up in Tuko . With under 2 dozen screen acting credits on IMDb, this nest egg is clearly an impressive feat. But Damson Idris hasn’t amassed his entire fortune on salary alone, as he has also made a large sum off of endorsement and brand deals , his modeling career, and a few other key investments along the way. Let’s take a moment to examine the multiple streams of income developed by the 32 year old actor, and better understand how he’s developed this generational wealth in such a brief period of...
Martin Lawrence is an iconic comedian , actor, and entertainer who truly requires no introduction. Best known for his leading roles in films such as “Big Momma’s House,” “Bad Boys,” “Open Season,” and more, Lawrence has created generational wealth through his impeccable comedic timing and hilarious comic delivery. Today, Martin Lawrence has an estimated net worth of over $110 million, according to Celebrity Net Worth . While the legendary actor’s income mostly stems from his career in film and television, he has also taken in large sums through stand-up comedy , as well as a wide array of brand deals and real estate holdings. Without any further preamble, let’s dissect Martin Lawrence’s net worth, and examine each of the main contributing factors to his wealth. Stand-Up Comedy And Early Acting Career (Photo by Monica Schipper/WireImage) Martin Lawrence was raised primarily by a single mother in the Washington, D.C. area. As a youth, he took up boxing before ultimately embarking upon...
Big Dave’s Cheesesteaks, founded by Derrick Hayes, is crossing state lines. The restaurant, which was born from Hayes’ interest in cooking while in the kitchen with his grandfather, notes Forbes, has scaled from a 700-square-foot gas station in Dunwoody, GA, to multiple locations across Atlanta, GA, including the Mercedes-Benz Stadium. In 2023, Hayes’ had cemented a deal that pivoted the business to a franchise model allowing the restaurant to further capitalize off its success. By doing so, 10 restaurants are already set to form across central Florida as former PepsiCo executive Derek Lewis signed a franchise agreement with Hayes in January 2024, as AFROTECH™ previously reported. Now, Big Dave’s Cheesesteaks is poised for even further growth in light of its newest establishment opening at 8552 University City Blvd., Charlotte, NC 28213, its first out-of-state location, according to a press release provided to AFROTECH™. “From a humble gas station start to expanding across state...
The latest TikTok challenge taking over our timelines, the #NoSpendJanuary challenge, is a new approach to savings that urges individuals to resist unnecessary spending. Scrolling through the #NoSpendJanuary hashtag, you see a sneak peek into people’s regular spending habits. Although we’re almost through the month, it’s never too late to learn valuable financial lessons and collect helpful resources to mend unhealthy spending habits. It’s not just about the challenge itself, but a space for learning the diverse financial habits of entrepreneurs, business owners, content creators and professional’s financial habits in the new year . Creator of the award-winning “Millennial In Debt” web series, Melissa Jean-Baptiste is a testament to financial wins through a frugal lifestyle . A first-generation Haitian-American, she paid off $102,000 in student loans on simply a teacher’s salary. According to the U.S. Bureau of Labor Statistics, the average American household spent $72,967 in 2022....
