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From Olympic Gold to Financial Advisor: Lauryn Williams Trades $200K Nike Contract for $12-an-hour Internship to Follow Her Passion

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Olympic medalist, Financial Advisor, Lauryn Williams, Nike, CFP


After a 10-year profession in track, Olympic gold medalist Lauryn Williams, who was previously earning $200,000 a 12 months at Nike, transitioned to a $12-an-hour internship to pursue her current passion as a financial advisor and educator for junior athletes and professionals.

After a decade-long profession as an athlete, Lauryn Williams can have been financially secure at 30, but now, at 40, she realizes her athletic earnings won’t last her entire life. In an interview with CNBC Make It, the previous Olympian, who studied finance on the University of Miami, explained how she’s now focused on financial planning athletes and young professionals He operates through his firm Worth Winning and serves as an envoy for the CFP Board Center for Financial Planning.

After passing the CFP exam in 2017 after failing twice in 2013 and 2015, Williams sought an internship as a part of her classes and was hired by the owner of a CFP firm. “It was a perfect fit for me,” she said. In her CFP bio, she wrote: he stated“The CFP certification is a worthwhile journey… Helping people is the best part of the job.”

Williams, who can also be a motivational speaker, retired from track and field in 2013 due to injury and finished her entire Olympic profession after winning a silver medal in bobsleigh in 2014. Navigating the ups and downs of monetary management during her profession as an expert athlete fueled her desire to higher understand the intricacies of finance.

“People don’t realize that even if you make $200,000, your agent takes 20 percent of that. And then you have to pay taxes,” she said. “The money doesn’t go as far as people think.” Experiencing situations with financial advisors that weren’t right for her during her profession led her to dedicate herself to helping others make smarter financial decisions.

“Olympic sports in general are a bit like the world,” she said. “You have the 1 percent who are very, very well off and have more money than they’ll ever need, you have the vast majority of people who are getting by, and you have people who are struggling.” Olympic stars who earn good enough to survive after retirement need to get their funds so as in the event that they never want to work again. But for several of Williams’ gold-medal-winning clients, they weren’t even making $100,000 a 12 months.

Williams shared that spending all of her 20 years as a competitive athlete left her insecure, and she or he said she had no real skilled knowledge while her friends were already pursuing careers as doctors and lawyers. She advises everyone to put themselves first by automating their savings and opening a retirement account.

Read a 2022 interview with Williams where she talks about generating income for student-athletes.


This article was originally published on : www.blackenterprise.com
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Michigan coach Sherrone Moore can afford to just be a coach

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ANN ARBOR, Mich. – Watching Sherrone Moore stand at center field because the coach of defending national champion Michigan and as a black man at the highest of the huge enterprise that’s college football, a quote got here to mind:

“I’ve never had the luxury of just being a coach.”

I heard these words from John Thompson, the primary black coach to win a national championship in college basketball, once we were writing his autobiography, Thompson, who died in 2020 at age 78, said he felt compelled to use his coaching profession to fight for equal opportunities in all areas of life after growing up in a segregated era and experiencing racial discrimination as an NBA player after which a Georgetown University coach.

Vital spaces like college football, where no black coach has won an FBS title. It’s one in all the last unfulfilled “firsts” in sports — but as Moore takes over at Michigan, he doesn’t seem to feel much of a burden from that history.

Is this a latest luxury for black coaches? An indication of progress? A touch of shortsightedness, perhaps? I went to Ann Arbor to discover.

Michigan Wolverines coach Sherrone Moore speaks to the media during a post-game press conference on Aug. 31 in Ann Arbor, Michigan. Moore describes what winning a national title would mean to the black community: “For young men and women who are trying to do something that people say they can’t do, I think it would take them to a different level of understanding that if you want to do something, you can do it.”

Aaron J. Thornton/Getty Images

After Michigan beat Fresno State 30-10 On August 31, at first of the season, I asked Moore on the post-game press conference: How do you are feeling concerning the probability of becoming the primary black coach to win a national championship?

“We have to win next week first. I’m not thinking about me, I’m thinking about these guys,” Moore said, sitting amongst three of his players, one black and two white. “I just want our program to be successful for these guys. Yes, the goal is to win a national championship. But it’s really about the players sitting here and in this locker room.”

Hmmm. College football still has obvious equal opportunity issues – just 16 of 134 trainers at the best levels of competition are black, compared with greater than half of the players. Wouldn’t a black coach winning championships be a powerful example to university presidents and athletic directors who handle recruiting? As reassurance to young black coaches within the recruiting process? As a rebuke to people now attacking the concept of diversity, while ignoring the consequences of inequality?

Thompson said in his book that he had to win because he “knew my success or failure would affect the chances not only of other black coaches but of black people in general.”

But Moore’s environment is different.

He’s 38, born two years after Thompson won the championship in 1984. His parents emigrated from Trinidad and Tobago, and his father joined the U.S. Army. In the seventh grade, Moore moved from a majority-black town in New Jersey to the majority-white town of Derby, Kansas, outside Wichita. Moore was 21 and a reserve offensive lineman in Oklahoma when Barack Obama was elected the country’s first black president. Moore’s Oklahoma teammates and coaches rave about his intelligence and leadership. “He was born to coach,” said teammate Gerald McCoy, an NFL Pro Bowl player. he said.

Last 12 months, when Michigan coach Jim Harbaugh was suspended for 3 games at the top of the regular season in reference to the sign-stealing scandal, Moore stepped in and led Michigan to key wins over Penn State (he he cried on TV later), Maryland (Michigan’s 1,000th win, greater than some other team) and archrival Ohio State. After Harbaugh left for the NFL, Moore was given the highest job. In just six seasons, Moore rose from tight ends coach to offensive line coach, offensive coordinator and head coach. His talent and labor were rewarded handsomely.

Moore also sees other black coaches at programs that might win all of it — James Franklin at Penn State and Marcus Freeman at Notre Dame. The next league includes DeShaun Foster at UCLA, Ryan Walters at Purdue and Mike Locksley at Maryland. Deion Sanders could win a title when he takes over at Florida State – oops, I meant when the celebs align in Colorado.

Thompson experienced inequality. Moore experienced opportunity.

Michigan Wolverines coach Sherrone Moore (left) reacts to a sack at Michigan Stadium on Aug. 31 in Ann Arbor, Mich. In six seasons, Moore rose from tight ends coach to offensive line coach, offensive coordinator and head coach.

Gregory Shamus/Getty Images

The day after the Fresno State game, I interviewed Moore in his office. His demeanor was composed, his eye contact exceptional. He’s about 6’1” and weighs 260 kilos (compared to greater than 300 as a player) thanks to figuring out six days a week. It was a Sunday morning, and the gospel song “I’d Rather Have Jesus” was playing softly within the background. He was wearing Jordan 11s—Michigan is a Jordan school.

I asked Moore to reflect on what winning the title would mean for the black community. “For young men and women who are trying to do something that people say they can’t do, I think it would take them to a different stage of understanding that if you want to do something, you can do it,” he said.

“I don’t put anything of myself into it. It’s all about my players. But I think for America, seeing these people on TV, seeing people of the same color as you in these high positions – if you really want to do it, yeah, just go and work for it.”

Moore also understood whose shoulder he stood on.

“Guys like John Thompson, guys like (Pittsburgh Steelers coach) Mike Tomlin really helped and made it easier, I wouldn’t say, but they made it easier for us as African-American coaches in this day and age to be coaches. While those guys had to really struggle and go through tough times, had to win Super Bowls … those guys going through tough times and the things they did put us in the position we’re in.”

Moore will face his own challenges, on and off the sphere. His quarterback is former participant. Michigan’s offense looked questionable against Fresno State, which got here inside six points within the fourth quarter. They now play Texas, which routed Colorado State 52-0 on Aug. 31.

It’s harder to recruit at Michigan, where players must meet high academic standards and where no paychecks are handed out for taking part in in the identical way as at Alabama or Oregon.

Moore was suspended Michigan’s first game of last season under a self-imposed penalty credible accounts that Harbaugh and his staff brought recruits to campus throughout the COVID-19 dead period. Now Moore is named in NCAA’s notice of allegations that a string of 52 text messages with a team analyst were deleted accused stealing competitors’ marks.

With a championship in hand, Harbaugh rushed to the professionals because the NCAA prepared to punish him and his program. Black people have an old saying: The situation has to be really bad for a black person to be elected to a management position.Part of me fears Moore will tackle the approaching slump, lose to Ohio State a couple of times, after which be replaced without a real probability. If Michigan can fire basketball coach and favorite son Juwan Howard, how secure can Moore be?

As Thompson spoke about luxury, he also emphasized that white coaches usually are not expected or required to advocate for racial equality.

Today, Moore doesn’t have to be a freedom fighter. He can simply be a winner of the massive game. That’s the type of equality for black coaches that Thompson hoped for.

Jesse Washington is a journalist and documentary filmmaker. He still gets buckets.

This article was originally published on : andscape.com
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USC retires Caleb Williams’ No. 13, restores Reggie Bush’s No. 5 to place of honor in Coliseum

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LOS ANGELES (AP) — The University of Southern California has retired Caleb Williams’ No. 13 jersey and restored Reggie Bush’s No. 5 jersey to a place of honor among the many other retired numbers displayed on the Coliseum peristyle.

The school announced each long-awaited changes on social media Thursday, two days before the Thirteenth-ranked Trojans’ home season opener against Utah State.

USC has retired the uniform numbers of eight Heisman Trophy winners alone, greater than some other school. The school displays honored numbers, including O.J. Simpson’s No. 32, on large banners that adorn the Peristyle steps during home games.

“Home of the Heisman!” USC athletic director Jen Cohen wrote on social media. “More Heisman winners than any other university. We go #5 and #13… Can’t wait to celebrate you.”

Williams spent two seasons at USC and won the Heisman in 2022 after arriving with coach Lincoln Riley from Oklahoma. The quarterback was the No. 1 overall pick in this yr’s NFL draft by the Chicago Bears.

Bush won the Heisman Trophy in 2005 in his third season as one of probably the most impressive quarterbacks in NCAA history, but his number was faraway from the peristyle in 2010 after he returned the trophy amid an NCAA investigation that found he had received improper advantages during his record-breaking profession.

Bush’s trophy has been restored by the Heisman Trust earlier this yr. The school has already renewed its relationship with Bush following an NCAA-mandated period of disconnection.

Bush remains to be involved in a defamation lawsuit filed a lawsuit against the NCAA, claiming he was baselessly attacked.

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This article was originally published on : thegrio.com
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Charles Barkley Paid $100K to Endow New Orleans Preparatory School

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In May, NBA Hall of Famer Charles Barkley pledged $1 million to the institution after watching two former students on the New Orleans school use trigonometry to prove the two,000-year-old Pythagoras theorem. The TNT analyst reportedly recently sent the college a $100,000 payment.

According to a press release from St. Mary’s Academy, the college has received first $100,000 from Barkley. The former basketball player has committed to donating $100,000 annually to St. Mary’s Academy for the subsequent nine years.

“Mr. Barkley is thrilled to support St. Mary’s Academy and is deeply focused on transforming future generations through education and opportunity. He has a love and passion for what the academy stands for and how it shapes the lives and futures of young girls in New Orleans,” a Charles Barkley Foundation spokesperson said in a written statement.

Barkley was impressed when he saw a segment during which former students Calcea Johnson and Ne’Kiya Jackson used trigonometry to prove the two,000-year-old Pythagorean theorem, something scientists had previously thought was unattainable.

“We are forever grateful for Mr. Barkley’s gift and his support of our students. This transformational gift will help students achieve excellence and fulfill the dreams they create within the walls of St. Mary’s Academy,” said Pamela Rogers, president of St. Mary’s Academy. “His generosity supports the mission of St. Mary’s Academy and strengthens our commitment to educating young people.”

St. Mary’s Academy said it plans to use the $1 million pledged over a decade to enhance the college’s legendary educational experience, providing students with opportunities to grow and thrive within the classroom and within the New Orleans community.


This article was originally published on : www.blackenterprise.com
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