In hopes of changing the transitory nature of the NBA All-Star Weekend, Klutch Sports founder and super-agent Rich Paul is trying to add a little bit of substance to the weekend with something that can have a little bit more of an impact on the city than the deluge of celebrities and athletes that goes to every city that hosts the All-Star festivities.
CNBC’s Jabari Young got the scoop on what Paul is calling “Klutch Conversations,” talks about financial literacy that will begin this Friday at the Harold Washington Cultural Center in Chicago, which is in the southside neighborhood of Kenwood. Klutch is also partnering with Chance The Rapper’s SocialWorks program and food manufacturer General Mills for the event.
According to Young, Paul plans to do more than just this weekend’s talk in Chicago, because they are important to the founder of Klutch.
“There are no dinner-table conversations educating to what’s going on about how to understand credit, how to understand how Bob Iger is now the CEO of Disney,” Paul, 39, told CNBC in an interview. “What does that mean? How does someone get to that point? We don’t grow up understanding those dynamics. We grow up understanding that life is hard, and it’s going to be difficult for me to make it out [of underprivileged environments].”
Not unlike his friend LeBron James, Paul is hoping to use his own success and knowledge to empower the next generation. LeBron himself shared how proud he was of Paul starting the initiative.
