Sports
Orlando Magic guard Cole Anthony wants to help players manage their money

There were two things point guard Cole Anthony had to have going into his rookie season with the Orlando Magic in 2020.
Before Anthony, New York miracle and son of former NBA player Gary Anthony, was drafted in the primary round that yr, bought a sequence together with his initials for $30,000. After the draft and signing a four-year, $15 million contract, he leased a brand new Tesla Model S. The base model on the time cost about $100,000.
At 20, he wasn’t eager about long-term savings or diversifying his portfolio. Money was burning a hole in his pocket.
“My No. 1 instinct is that when I get a lot of money, I want to spend it,” Anthony, 24, told Andscape. “Especially as a kid, like in high school, I don’t even think about saving that money.”
But as Jay-Z of New York once said, “.” And Anthony wants younger basketball players to come out within the era of name, image and likeness, where athletes of all ages can money in on their talent, where managing money properly is just as vital as working in your username.
“You can make a lot of money fast,” Anthony said. “You can get out of a lot of money fast.”
Michael Aguda and Hector Martinez
On August 22, Anthony hosted his second annual The Playbook event. Anthony and his business team bring together New York City’s top highschool basketball players to help them navigate the financial maze of managing life-changing sums of money.
The event, held on the Police Athletic League in Harlem, featured a star pick-up game, a comedy show and a backpack drive. The fundamental event was a financial education panel headlined by Anthony.
Anthony sat down on a panel with former Rutgers men’s basketball player Geo Baker and representatives from Morgan Stanley’s Global Sports & Entertainment wealth management division, where the group discussed the importance of saving and budgeting, how to construct credit, the role of non-public taxes in sports, hiring the best advisors and the way to navigate NIL transactions.
Bryce Council — Anthony’s childhood friend and the manager and co-founder of Anthony’s charity, the 50 Ways Foundation — spoke with Anthony about mentoring opportunities for prime school basketball players within the New York City area, his hometown. After the NCAA board of directors ruled in June 2021 that college athletes aren’t any longer prohibited from cashing in on their talent, athletes of all ages, even already on the age of 9, managed to earn a variety of money from recommendations.
“They’re making money a lot earlier than we were making money when we were in high school,” Anthony said.
Growing up in New York City because the son of Greg Anthony, who played 11 seasons, including with the New York Knicks from 1991 to 1995, Anthony had a village around him that would help him navigate and avoid the perils of money management. Between his father, mother and stepfather, he had privilege and access to resources.
That’s why in The Playbook, Anthony wanted to share his personal story, empower athletes to learn more about money, and supply resources that may help athletes in their skilled and college careers.
“We chose New York because that’s where we’re from,” Anthony said. “We wanted to help the next generation of hoopers — I don’t want to just call them hoopers, because they’re more than that — just kids who come from New York.”
Gaining wealth will not be as easy and carefree because it could seem. There were NBA star and champion Antoine Walker squandered $108 million earned during his 12-year profession.
Anthony thought that big purchases just like the chain and Tesla would bring him happiness. He quickly learned that money alone wouldn’t solve all his problems. Within weeks of shopping for the $30,000 chain, Anthony never wore it again, eventually melting it down.
“It was fun, but it didn’t really do anything for me, it didn’t help my family, it didn’t help me,” he said. “It just looked cool. I feel prefer it was an enormous waste of money on my part.
“Although it was cool back then.”
As for the automobile, he didn’t need the Tesla on the time, but he got one and drives it to today (“I have to do something about that,” Anthony said, referring to the lease agreement. “You actually reminded me of that.”)
Michael Aguda and Hector Martinez
Anthony doesn’t want these young athletes to lose the money they earn from endorsements, especially as players’ values have increased. In 2014-15, each NBA team had a salary cap of $63 million. Golden State Warriors guard Stephen Curry signed a one-year, $62.6 million contract in August.
“I don’t want any of these kids to lose all the money they’ve worked hard for,” Anthony said. “I want them to take the money they’ve earned and let it blossom into greater wealth for themselves and their family.”
During The Playbook, participants took part in a sports-focused financial literacy exercise to learn the way investing and budgeting work. Morgan Stanley representatives asked athletes whether or not they would slightly receive a lump sum of $2 million or start with one cent and double the quantity day by day for a month, and the lesson was that the latter option actually yielded a better total (about $5.4 million). In one other exercise, participants were asked to join their five starting NBA players. They were then given a hypothetical $15 to construct a roster, with players divided into tiers based on skill level; an NBA veteran like LeBron James of the Los Angeles Lakers is perhaps price $5, while six-year forward Mikal Bridges is perhaps price $3. The lesson was how to budget in a way that best serves goals and desires.
“They brought it into basketball because it’s a real-life analogy,” Anthony said.
The NIL era has been long overdue, Anthony said, arguing that many basketball players struggle financially growing up in the game. The opportunity to be paid for their talent gives these athletes a lifeline that was previously denied. While Anthony had the privilege of growing up in Manhattan because the son of a former NBA player, most of his teammates in youth basketball didn’t have the identical upbringing. So Anthony understands the difference money could make for those just trying to make it.
(While some college basketball players still come from poor backgrounds, an Andscape study found that between 2010 and 2015, the proportion of first-generation college basketball players playing in Division I dropped from 28% to 19%.)
Anthony said financial literacy is significant because young athletes are exposed to big payoffs but may not have the correct guidance to stop them from letting the money eat them. He and other panelists on The Playbook also stressed the importance of finding someone they trust to guide them.
Sandra L. Richards, managing director and head of Global Sports & Entertainment at Morgan Stanley, which donates to the 50 Ways Foundation, said the brand new NIL situation exposes athletes to recent financial risks and recent resources.
“Unlike in years past, it is now encouraged and considered necessary to explore working with financial advisors, attorneys/attorneys, CPAs, and agents/brand managers to help build and protect their brands,” Richards wrote in an email to Andscape. “So ultimately, the method and exploration now starts earlier, which will be helpful in the event that they are surrounded by the best people.
“Today, young athletes can be more open and better prepared to begin their high school, college and professional careers, whether it’s the next level in their sport, business or life.”
Michael Aguda and Hector Martinez
Today’s highschool athletes have the potential to earn greater than $1 billion individually as NBA players. Five current NBA stars (James, Curry, Kevin Durant, Paul George, Joel Embiid) have signed collectively-held contracts price greater than $500 million in their careers, meaning the subsequent generation of stars is destined to exceed those totals more quickly.
Given the quantity of money being thrown around amongst young athletes lately, you may think it can never run out. But Anthony is here to challenge these ideas of unlimited funds. He emphasized to The Playbook participants which you can’t continue to exist money you haven’t earned yet, nor are you able to assume that the source of funds won’t ever dry up.
“Money can be your best friend if you manage it and take care of it properly,” he said.
Anthony became knowledgeable athlete a yr before the NCAA allowed NIL. However, when asked how NIL would have affected him when he was No. 2 recruit in his highschool class and as a freshman at North Carolina throughout the 2019-2020 season, his response was modest.
“If NIL hadn’t been there when I was out,” Anthony said, “maybe I would have just made a little more money.”
Sports
Jalen Milroe can follow the Jalen path in NFL

Star Black playmakers aren’t any longer an exception – they’re the rule. Throughout the entire football season, this series will discover the importance and influence of black QB from bottom -up to NFL.
Indianapolis-keep me, should you heard it earlier: playmaker Alabama born in Texas, who’s a stronger runner than a passerby, will probably be called outside the first round of the NFL Draft.
The playmaker was undefeated in Sec as a primary -year starter.
The playmaker never played for the same offensive coordinator.
The name of the playmaker is even Jalen.
But it isn’t clear that Jalen hurts. This winter he was busy winning the Super Bowl MVP, and he didn’t play Iron Bowl or against Michigan.
Instead, it’s a former playmaker of Crimson Tide Jalen Milroewho last week Combine Combine tried to convey the case to the trainers and evaluators that he – like his namesake – is price being their playmaker franchise in the future despite questions on his ability.
“I went through adversity. I saw everything as a quarterback, “Milroe said on Friday. “I played at the most difficult conference in the country. It would be easier to play at other conferences, but what I could see in Sec catapulted me that I was ready to play NFL. “
Justin Casterline/Getty Images
Departing from Katy in Texas, she originally got involved in Texas in 2019, but a 12 months later she fell to Alabama. After he was sitting behind the Crimson Tide Starter Bryung for 2 seasons, Milroe took his reins in the 2023 season. He helped Alabama survive Sec (8-0) this 12 months, won by the conference rival and two-time defender Georgia in the SEC championship, which caused Crimson Tide to the play-off collection.
But while Milroe had a big arm (his 10 yards for the test took third place in Sec in 2023), the pass was not his strong suit. For two seasons as a starter Milroe never achieved 3000 yards in one season, the first starter of Alabama, who did it because it … hurts.
Hurts, from Houston, led Crimson Tide to the National National Championships in 2016–17, but during these two seasons were lower than 5,000 yards. While Hurts was a singular Rusher (1,809 yards and 21 sticks) at the moment, his weakness as a passerby is known for led to the spare Tua Tavailoa during the break of the national championships in 2017.
In the mix, Milroe decided that despite his pedestrian passes, he was still worthy of being a start at NFL.
He is aware of his weaknesses and swore that he worked in the ass to enhance outside being “one dimension.” He could move when his legendary trainer, Nick Saban, retired after the 2023 season, but decided to not fall off. He traveled six miles a day to ensure that that something was left in the fourth quarter in the fourth quarter. He studied progression and reads after I-SNAP to lift his IQ in football.
Unlike the forecast sorts of the first round, Cam Ward and Shedeur Sanders, Milroe threw a mix on Saturday, hoping that he would show the bands that he has mechanics to do that to the playmaker NFL. It turned out to be a mixed bag. Milroe showed strong arm strength and a very good location of sail routes, curls and it while throwing exercises, but fought accuracy on intermediate and on the routes.
“That’s so many things that I can learn more where I am today and where I will be when it comes to day 1, starting with NFL,” said Milroe before Saturday exercises. “Always be a game student, at all times attempt to develop, because it would be so many opportunities in which I can look back and say that it was the moment after I grew up as a playmaker.
“That’s right now, I’m just trying to grow as much as possible, put my best foot forward and just look for development.”
Derick E. Hingle/Getty Images
Milroe was asked that he was one other playmaker in Alabama to succeed in the mix, following in the footsteps of the role (who moved to Oklahoma in 2019), Tavailoa, Mac Jones and Bryce Young. Milroe said he appreciates being in the company of others, but he added that it’s difficult to check him with others.
“We had different bands, we had different players around us, we had a different system,” he said.
But when he specifically asked what he could study the journey of Hurts-from the first manager of the game after the super Bowl-Milroe master said he inspired him his companion Alabam.
“The most important thing I learned from J. Hurts is how he kept his head (I) always continued to work,” said Milroe. “He at all times raised his game, he has never been self -deserved, and all the pieces you see is great progress from him.
“And I have to applaud him as a person, he as a man, because he is definitely inspiring for many playmakers of my image, as well as many playmakers throughout the country. He leads to all of us. “
The couple isn’t completely similar. Hurts had about 20 kilos on Milroe when he was in college. Milroe has a stronger arm, while Hurts played more and not using a mistake of football: Milroe threw 17 interceptions and ate 67 bags for 2 seasons as a starter in comparison with 10 captures Hurts and 43 bags.
But they can each be changing the game when their teams need them. In a highly publicized match against Georgia at the starting of the last season, Milroe finished almost 82% of his passes on 374 yards and two appointments, adding 117 yards to the ground for the next two results.
Milroe can also match the wounds in the so -called “Jalen-ISMS. “
“Climbing upstairs is not easy, but when you reach the top of this mountain, you will learn so many things when it comes to adversity when it comes to difficulties, things along the way,” said Milroe in a mix.
Sports
Like Tommie Smith and John Carlos from 1968. Black Power Salute inspired me to find my goal

I’d say that I grew up within the household to be sure that that me and my siblings were aware of the black history. My parents invested in the gathering of black encyclopedias. On the duvet we had a version of the Bible with Black Jesus. Our house was stuffed with books of black novelists and thinkers, and if a black document appeared, we watched it. I watched all movies made on television about Dr. King, each “Roots” and “Alex Haley’s Queen” and I sat for all 14 hours “Eyes on the reward”-as a toddler. Bless my heart.
Having said this, there have been pockets of black history, and more likely that I had no opportunity to delve into once I was a toddler. The college was where all the will for information and understanding of the combined. I attended Morehouse College in Atlanta, Ga., One of a very powerful historically black universities within the country. It was there that I met people from around the globe whose knowledge about black history differed (often depending on the colleges and the communities by which we lived), but everyone had hunger to learn more.
One day, through the first yr, I remember one among my friends in a T -shirt by which I had definitely seen before, but I never paid attention to. There was a black and white screen printing on the shirt (what I do know now) the enduring moment on the Olympic Games in Mexico in 1968, where on the rostrum for 200-meter medals, Tommie Smith, John Carlos (races 1. And 3. Place Finaners) Everyone gathered a black fist in gloves while he played “Star Spangled Banner”. Peter Norman, the second place from Australia, wore a human rights badge, like Smith and Carlos.
Not only did they raise the fist of black power (although they each said it was for human rights), they received medals in black socks to represent poverty within the black community, and Smith wore a black scarf for black pride. Carlos showed solidarity with blue-wheeled employees, unpacking the jacket and wore a necklace from the beads for individuals who were lynched. Due to the state of Black America in 1968 and a continuing struggle for equality and civil rights, there have been calls to a boycott of the Games. Martin Luther King, Jr. He was also killed in April this yr – and all three athletes were inspired enough to find a way to do it on the rostrum, which led to one of the crucial durable images of public protest.
I remember how I learned history and realized that on the most important scene these brave men used their moment of triumph and victory to quietly protest against the conditions of underrated communities in America. I felt strengthened; We often discuss standing on the arms of giants, however the more I got into the history of black in America, the more I spotted what number of giants there have been. In college I used to be very bad and for a while ready to burn every part that represented the establishment or any obstacle to black liberation. I felt like all those individuals who even saw their space on the planet in reference to individuals who could never give you the option to speak as heroes whose lives were to be modeled later. Especially since it was also fastidiously that putting people in front of him can often bring an enormous personal loss.
When Smith and Carlos took their position, they were booed on the stadium and ordered to be sent home by the International Olympic Committee. The athletes returned home, but they weren’t welcomed by the hero, but as a substitute of rough sleds, and even in some cases the specter of death. They were also not beloved by athletes. Two men, associated eternally in history, even have a good relationship –Carlos even claims that he let Smith go within the race Because “Tommie Smith would never put his fist in the sky if I won this race,” the claim that Smith denies.
History ultimately has a way of rights, but it surely took a few years and realizations on the front of social policy, in order that the actions of those persons are perceived as brave and needed, not only selfish and smug.
The lessons that I learned from College and continuous reading and education I gained (my head remained within the book about black history) were one among the best advantages in HBCU. The very variety of books I learned about about which I actually have never heard of – I actually have upheld me all my life.
That is why I remember sooner or later I used to be walking around Washington, the eastern Washington market and a street seller was selling different photos of moments in black history, and he had a 40 -inch photo within the Tommie Smith and John Carlos frame. I paid for it in money and spent it across the capital of the country until I returned home. I do know that it happened in 2005 (I finished Morehouse College in 2001) because I just moved to my first apartment with no roommate and it was the very first thing that I actually have ever suspended on the wall. This picture within the frame still hangs on the wall in my home in 2025 and I used it to teach my children about sacrifice and privilege and how you may have to discuss individuals who cannot.

The query that my youngest children often ask: “How do I know who can’t speak for herself?” Which is an incredible query. For this I answered an easy fact, pointing to the photo:
“These men have made a gesture that gave people whose most of us, including them, would never see or never know them, but on which life negatively affects the alternatives of the wealthy and the federal government. Sometimes you may have to take this chance to say something because you do not know in the event you’ll ever have such a big platform.
Son, there may be at all times someone who cannot speak for himself, and you may have to use it in a voice, because perhaps the thing you say or a stand that can help someone you understand, live a greater life. ”
I take advantage of words that may understand a little bit higher, but I can inform you that my children have a look at this photo on a regular basis, and once one among my sons said: “These guys are heroes, right?”
I say yes, they’re. They are the heroes of the Black History.
They will live eternally for speaking, and even quietly, in solidarity with those that couldn’t.

(Tagstranslate) @Ap
Sports
Main Treasury Official Morgan State University, Sterling Steward, died

Morgan State University announced that his older associate athletics director and tax director, Sterling Steward, died.
No reason for death was disclosed, but the college has confirmed his contribution since he was employed in December 2022.
Morgan State University Athletics mourns Sterling Steward’s departure https://t.co/avjzilxhja
– Grizzly Life (@grizzlylife22) February 26, 2025
Steward died on February 26. In Morgan State he was accountable for the event of university programs, supporting partnerships and strengthening the financial and operational success of the Faculty.
“Sterling was more than a colleague-he was a respected leader, mentor and friend,” said in a written statement by Den Freeman-Patton, vice chairman and director of inter-university athletes. “His passion for athletics and commitment to raising Morgan programs were visible in everything he did. He worked tirelessly to ensure that our sports students had resources and the possibilities of distinction, and its impact will be felt for many years. We expand our deepest condolences to his family and loved ones, especially his three sons and sister when we mourn this huge loss. “
While the steward worked in Morgan, strategic growth and cooperation occurred. His work with the institutional development department helped to offer more opportunities and created lasting relationships to support sports programs.
Steward earlier he worked At the University of New Orleans (UNO) as an assistant to the college athletics director for strategic income generation. He also made stays on the University of Alaska Fairbanks, Savannah State University, Mississippi Valley State University, Alabama State University, Kentucky State University, Eastern Oregon University and Xavier University in various roles, including for a senior consultant athletics director and sports director.
He was from New Orleans, who received the title of bachelor and master’s degree on the University of Southern Mississippi. He won a bachelor’s degree in the sphere of coaching and administration/history of sport and his master’s degree in the sphere of sport management.
(Tagstransate) Morgan State Universiry
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