NBA
NBA star James Harden is using the support of his nonprofit in an effort to improve financial literacy among young people

NBA star James Harden is using the support of his nonprofit in an effort to improve financial literacy among young people
For NBA player James Harden, developing financial literacy in young people is a personal matter.
Harden, a point guard and shooting guard who recently signed a two-year, $68.6 million deal with the Philadelphia 76ers, recalled that he was a 20-year-old rookie in 2009 when he suddenly With a decent salary. According to Spotrac.com, he just signed a two-year, $4.76 million contract with the Oklahoma City Thunder, a first-round pick — the third overall pick.
“They want to buy everything,” Harden told CNBC in a phone interview. “You deserve it, so you buy your first car, your first house or whatever.”
But Harden has to figure out money on the fly.
“For me, it’s not just learning how to save, but learning how to invest wisely,” Harden said. “You may have money in your bank account or savings, but to live long, your money needs to work for you while you sleep.
“I learned.”
Harden’s nonprofit covers the cost of e-courses
To reach young people who may benefit from learning about money issues, Harden’s Impact 13 Foundation is partnering with Jordan Awoye, a managing partner and financial advisor at Awoye Capital in Babylon, New York, on a financial education tour.
The initiative includes liaisons with various universities, where Awoye meets a small group of students to talk about life and finances, and gives them access to e-courses on personal finances at their leisure. Through the grant, Impact 13 paid $795 to license an e-course developed by Awoye, which covers topics such as budgeting, debt, credit, and investing.
“I think just coming from my hometown and where I am now — going into the NBA and being there for 14 years and seeing how the money is handled — was very necessary for Jordan to have people like me to explain and show how to manage money,” Harden said.
The NBA star may surprise some workshops, Awoye said, having visited six institutions — including Towson University in Maryland and Norfolk State University in Virginia — as part of the tour.
Research shows that knowing how to manage money can make a difference. According to a study by the FINRA Investor Education Foundation, people who score above the median on a seven-question financial literacy test are more likely to make ends meet than those with more limited expertise.
For example, those with higher scores spent less than they earned (53% vs. 35%) and put three months of emergency funds into higher levels (65% vs. 42%). They are also more likely to do some future planning by calculating retirement needs (52% vs. 29%) and opening a retirement account (70% vs. 43%).
Because many young people in the U.S. are ignorant about money issues as adults, some state legislatures have passed legislation requiring public school systems to teach personal finance. According to Next Gen Personal Finance’s 2022 State of Financial Education report, 15 states have guaranteed or pledged that all high school students will take an independent personal finance course. Other states have integrated courses into another program (such as economics) or offered them as electives. Still others have no personal financial needs at all.
Meanwhile, Americans are saddled with $890 billion in credit card debt with an average interest rate of over 18%. Additionally, according to a Bankrate survey, 56% of U.S. adults can’t save an unexpected $1,000 bill to pay for it.
In other words, there is a lot of room for improvement in financial literacy.
For Awoye, his interest in expanding financial literacy is “if only I knew then what I know now,” he said.
“As I started to thrive in wealth management, helping financial education really became my calling,” Awoye said.
“Everyone will be better off if we can pass it on to the next generation,” he said.
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NBA
NBA suspends Trey Lyles and fines Brook Lopez for brawl
The NBA recently announced the suspension of Trey Lyles, a player for the San Antonio Spurs, for one game without pay, and fined Brook Lopez, a player for the Milwaukee Bucks, $10,000, both as a result of a brawl during a game between the teams on March 12.
The Incident
The brawl occurred in the third quarter of the game, when Lopez and Lyles got into a shoving match after a play. The players had to be separated by the referees and other players on the teams.
After reviewing the incident, the NBA decided to suspend Lyles for one game without pay and fine Lopez $10,000. Both players were punished for unsportsmanlike conduct.
Consequences for the Teams
The suspension of Lyles and the fine of Lopez had different impacts on the teams. The San Antonio Spurs, who are already out of the playoffs race, lost a player for the next game, which could hurt the team in terms of performance.
The Milwaukee Bucks, who are among the top teams in the league and are looking to win the championship, may feel a temporary absence of Lopez in future games. Additionally, the $10,000 fine is a financial blow for the player and the team.
The NBA’s Role in Punishing Unsportsmanlike Conduct
The NBA has a clear set of rules and guidelines aimed at maintaining a healthy and respectful environment during games. Unsportsmanlike conduct, such as brawling and heated arguments, is not tolerated by the league and is punished rigorously.
The punishment of Lyles and Lopez serves as a demonstration that the NBA takes the conduct of players on and off the court seriously, and that they will be held accountable for their actions.
Conclusion
In summary, the NBA suspended Trey Lyles for one game without pay and fined Brook Lopez $10,000 for their unsportsmanlike conduct during a game between the San Antonio Spurs and Milwaukee Bucks. The punishment serves as a reminder to all players that respectful conduct is paramount in the NBA, and that violating the rules will be punished.
NBA
Lakers triumph over grizzlies in nba and secure play-in spot
Los angeles lakers beat memphis grizzlies in the nba, securing a spot in the playoff play-in tournament. in a 103-112 win, the california team was able to clinch a spot in the 9th place in the western conference, giving anthony davis and his team a chance to chase their playoff dream. davis stood out as the star of the game, scoring a double-double with 30 points and 22 rebounds. dennis schroder, rui hachimura, and austin reaves also contributed with 17 points each, playing a crucial role in the lakers’ victory.
On the other hand, the grizzlies had to go without ja morant, who is suspended from the league for conduct-related issues. jaren jackson jr. stepped up as the top scorer for the team, finishing the game with 26 points. tyus jones also played well for the grizzlies, contributing 16 points to the scoreboard.
In another game, the golden state warriors suffered another defeat, losing 128-137 to the oklahoma city thunder. despite stephen curry’s 40-point performance, shai gilgeous-alexander and his team outperformed the warriors, making it harder for them to maintain their stability in the race for the playoffs.
Anthony davis leads lakers to victory over grizzlies and sends “greedy” message to his teammates
In the absence of lebron james, anthony davis has been taking on the role of the los angeles lakers’ star player, and he proved himself once again in their game against the memphis grizzlies on tuesday night. the lakers were victorious, winning 112-103, thanks to davis’ 30 points and 22 rebounds.
Speaking after the game, davis stressed the importance of his team’s desire to win and their hunger for success. “it’s good, but we’re not satisfied. we don’t want to stop there. we want to be greedy. the guys out there are confident, and when you play basketball like that, it leads to victories.”
The lakers’ win has brought them closer to the play-in zone, with the team fighting hard to secure their place in the playoffs. as the nba regular season comes to a close, davis is eager to maintain a strong winning streak and keep his teammates motivated and greedy for success.
The grizzlies game provided the lakers with a much-needed boost in confidence after a three-game losing streak, which included a defeat against the golden state warriors. the lakers will now focus on their upcoming game against the toronto raptors on saturday, may 11th, as they continue their quest for nba glory.
NBA
Damian Lillard Becomes Eighth Player in NBA History to Record 70-Point Performance
Lillard was absolutely unstoppable, finishing 22 of 38 from the field and 13 of 19 from beyond the arc. He also converted all 14 of his free throw attempts and committed just two turnovers without committing a foul. Blazers coach Chauncey Billups called it “one of the best offensive performances I’ve ever seen”.
The performance was a masterpiece as Lillard kept the defense guessing all night. When they were aggressive, he drew fouls and when they were more cautious, he took advantage of the space to shoot. His passes came easy after double teams as well, making for an unforgettable performance.
It was a special night for Lillard who said afterward that he didn’t go into the game thinking about getting 70 points but rather focusing on helping his team maintain their lead. It’s clear that his hard work paid off with this remarkable feat and it will certainly be remembered for years to come.
Record
Damian Lillard of the Portland Trail Blazers made history on Sunday night, becoming the first player to score over 70 points in less than 40 minutes and make 10 or more three-pointers. His historic performance included a new personal-best of 71 points and also marked him as only the third player ever with multiple 60 point performances.
The 32-year-old guard’s impressive stats were even more remarkable given that he was the oldest player to ever reach this milestone. His achievement has been applauded by both fans and fellow players alike, including former NBA champion Chauncey Billups, who said: “You have to sometimes pound your chest and show what you are capable of, and Damian proved that through his performance.”
Lillard’s record-breaking evening has been an incredible testament to his skill and dedication throughout his career, and is sure to inspire future generations of basketball players for many years to come.
Defense
A Portland Trail Blazers guard Damian Lillard had an impressive performance on Sunday night, scoring a career-high 71 points against the Houston Rockets. Despite the Rockets’ best efforts, they were unable to stop the Blazers star from achieving the feat, as the Rockets coach Stephen Silas admitted that it was a matter of Lillard being in a great offensive state. Silas went on to say that their defense was not lacking effort and that Lillard made some really difficult shots. This historic night will certainly be remembered as one of the best performances in NBA history.
Antidoping
Today, the NBA made history by requiring Damian Lillard to undergo a drug test after his game. This is the first time that a player in the league has been tested for drugs and it came as a surprise to Lillard. Although he was willing to take the urine test, he admitted to being scared of needles due to his many tattoos. He joked that while having a tattoo is one thing, having a blood test is quite another. It remains to be seen whether this new policy will be implemented across the league or if it will remain specific to Lillard.
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