Education

NFL alumni group updates its playbook to address money game

As intense and emotional as Richard Sherman is whereas attempting to assist his soccer group win, he’s simply as passionate when he instructs people on a societal problem: monetary stability.

The star cornerback of the San Francisco 49ers and one of many NFL’s most outspoken leaders, Sherman has partnered with the NFL Alumni Association and Million Stories Media as a part of the Million Stories initiative.

The partnership emphasizes monetary literacy training to put together for future job loss or career modifications. The concept, which Sherman discusses in his “Adulting with Richard Sherman” video, focuses on having an emergency fund. He needs to fight monetary mismanagement via free, accessible instructional resources. The video options celebrities, business leaders, and, effectively, Americans.


“This is a bit of a different approach because, at least with Richard, you have a player reaching out to the general population with advice and his story,” says Shelley Miles, the CEO of the Singleton Foundation for Financial Literacy & Entrepreneurship who spearheaded Million Stories.

“The whole idea behind Million Stories was to use entertainment to break the taboo about talking about money. There is all the financial literacy education info out in the world, but if someone does not hear it from someone they respect, they might not be willing to try it out.”

Former NFL participant Will Blackmon additionally has hosted a Million Stories episode, explaining how he launched his wine concierge business. Wendy Brown, a former NFL cheerleader, tells her story of changing into a biomedical engineer.

Million Stories Media is a free digital channel providing programming and resources masking a spread of monetary matters that have an effect on the lives of many younger folks. Hooking up with NFL Alumni gives a fertile outlet for these tales, with extra within the works.

“Our thought is to help people lay a pathway so we have a lot of resources for aspiring entrepreneurs,” Miles says.

NFL Alumni now has one other outlet to present its 3,500 members with the instruments to run companies, hearth up their workforce and uplift their communities. One device is 1Huddle, an app permitting gamers to examine such workforce areas as management, gross sales, customer support, range.

“We think it is important because players need access to innovative technology that supports the great work they’re doing through their businesses,” says Beasley Reece, who performed 9 seasons within the league and now could be the NFL Alumni’s CEO.

“We have always been more a financial savvy group of retired NFL alumni,” Reece provides. “I am told there is a 60% to 70% bankruptcy rate after life in the NFL; that is not my experience. That is not really our alumni. Our guys have made the transition and have the success and found a different career.”

The pandemic, nevertheless, introduced new challenges for the affiliation.

“When COVID first hit we raised enough money where every alumni who was struggling during the pandemic, whether his business shut down or he lost a job and needed money for necessities, we were able to help,” Reece says. “We had dozens of alumni who gave three and four figures and we were able to send out checks to the people in need.”

In current conversations with the Centers for Disease Control and Prevention, NFL Alumni was charged with having its members use their superstar to encourage folks to get COVID-19 vaccinations.

“And that is a platform we are moving toward,” Reece mentioned, “because of the effects of COVID on much of our membership and communities we come from.”

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