It is important to provide young athletes the opportunity to enhance their understanding of financial literacy and the changing landscape of Name Image and Likeness (NIL).
With increasing financial opportunities for young athletes, it is critical that they are exposed to the fundamentals that lead to financial success, whether they play professionally or not. We wanted to start planting those seeds of success so, that they are better prepared for their life's journey, on and off the court.
To better prepare young athletes, the Athletic Development Group (ADG) created ADG MONEYBALL in collaboration with the National Basketball Players Association (NBPA) to be a basketball showcase with financial literacy and NIL training. The union representing all current NBA players, the NBPA stands with ADG in its commitment to improving outcomes for all athletes through education.
A PLANNED FUTURE
Athletic Development Group (ADG) designed ADG MONEYBALL to enhance the financial IQ and optimize the NIL knowledge of athletes so they can maximize their financial futures.
Teach financial literacy and educate young athletes about the obstacles, pitfalls, and opportunities that they will encounter during their athletic or professional career
Supply tools to optimize their financial options
Provide access to subject matter experts, mentors, and other resources
Build a culture of financial literacy
Mitigate against the small earning windows
Introduce financial services as a career option
Through a series of seminars lead by subject matter experts,
each player will build a foundation from which they can make better financial decisions.
Some of the topics covered by the seminars include but are not limited to the following:
Budgeting | Investments | Taxes | Savings | Credit
We will provide information on the fundamentals and strategies for athletes to develop their understanding of Name Image and Likeness (NIL). It is critical they understand some of the aspects of NIL that include but is not limited to the following:
Understanding the dynamic NCAA guidelines
Managing their public persona
Accessing NIL opportunities
WHY IS THIS IMPORTANT?
ADG MONEYBALL provides introductory financial tools that young athletes can build upon for future success. Of course, we can't forget they also get to measure themselves on the court against some nation's best basketball players.
ELITE NBPA MEMBER SPONSORED TEAMS
K-Low Elite was created to build young men and women of high character through hard work, dedication, and teamwork. Additionally, we strive to develop student athletes that are committed to improving their academic and athletic skills.
Team Curry offers 15U-17U boys and girls teams that play on the Under Amour Association and Girls Under Armour Association (UAA) and Girls Under Armour Association (GUAA) circuits, respectively. Team Curry is fully-sponsored by Stephen Curry and Under Armour/Curry Brand and is operated by Pro Skills Basketball. Team Curry fields the top players from around the southeast.
Seat Pleasant, MD
Team Durant was created to encourage and promote high level youth development by providing educational, athletic, and personal growth opportunities. Beyond basketball, we help shape the lives of our participating young men and women by instilling a commitment to the community.
Team Melo is an AAU youth basketball program with the mission to organize and manage competitive youth basketball teams. We offer our participants the opportunity to become well rounded athletes by learning fundamental basketball skills, sportsmanship, teamwork, discipline, character development and respect.
Washington , DC
Team Takeover (DC) is a grassroots youth organization that is committed to making a positive difference in the lives of student athletes, ages 8-18 (boys and girls). Utilizing the rigors of athletic competition, our aim is to improve athletic and academic skills, while enhancing important life skills such as self-discipline, positive relationship building, attention to detail and good sportsmanship.
TEAM TRAE YOUNG
Oklahoma City, OK
Trae Young founded his Team Trae Young, to help youth basketball players from Oklahoma and the surrounding geographic region develop their game. Team Trae Young features programs from middle school through high school. Notably, 2020 marked Team Trae Young's first year having both women's and men's team at the 16u and 17u levels.
Team Trae Young
Rocky Mount, NC
Team Trezz is an elite Travel basketball club sponsored by NBA star Montrezl Harrell serving eastern North Carolina. Team Trezz continues the rich basketball tradition of rocky Mount , NC. We prepare our athletics for the rigors of competition on and off the court.
Temple Hills, MD
Team Truth's mission is to educate and empower our boys by increasing their basketball IQ as well as instilling confidence, commitment and integrity, so they play basketball at an elite level. Our goal is to develop players to their fullest potential on and off the court by enhancing their competitive drive and work ethic.
AUG 12 - 14
12:00p - 5:10p
Games @ Walter E. Washington Convention Center
Visit National Museum of African American History & Culture