• Loading stock data...
Monday, March 23, 2026

Alicia Keys, NFL Launch $1 Billion Fund for Black-Owned Businesses

  • Keys performed at the NFL Kickoff concert Sept. 10.
  • The NFL partnered with Keys’ management agency, Roc Nation, in 2019.
Alicia Keys, NFL Launch $1 Billion Fund for Black-Owned Businesses
Robert Hanashiro-USA TODAY

Alicia Keys’ Sept. performance to kick off the 2020 NFL season didn’t just mark the dawn of a season unlike any other — it signaled the beginning of a new partnership between Keys and the league. 

The parties are coming together to launch a $1 billion endowment for Black-owned businesses and communities, Billboard reported

The 15-time Grammy-winner Keys told Billboard that the fund is meant to be a way to “help transform the protests and words of solidarity that have poured out in the past months into tangible action and support for the Black community.” She also wants the action to be something that goes “beyond” a one-time donation and will grow after the initial endowment.

Today, I will be doing something I never thought I would do again. I’m performing for the NFL Kickoff event,” Keys — who also performed “Lift Every Voice and Sing” during Thursday Night Football — wrote in a letter announcing the endowment. “My initial reaction was to decline because of some of the NFL’s past decisions. Yet I realized I HAVE to use my platform, we all need to use our platforms, every chance we get to press for racial equity.”

Additional partners and contributors to the fund beyond Keys and the NFL were not disclosed, Billboard reported, but organizers are looking to create a “multi-sector contributor field.”

“The initial goal of $1 billion is to ensure a substantial commitment,” Keys told Billboard. “Even with that it does not come close to closing the economic gap. The next steps are to reach out to different industries to invite them to invest in racial justice and create a multi-billion dollar endowment across business sectors.”

“We are pushing for an aggressive agenda to meet the urgent need of proper access, opportunity and inclusion,” Keys added in the letter. “I am personally committed to creating meaningful conversations to hold corporations and institutions accountable for their contributions to racial justice.”

In August 2019, the Jay-Z-founded agency Roc Nation, which manages Keys, entered a multi-year partnership with the NFL to “enhance the NFL’s live game experiences and to amplify the league’s social justice efforts.” As part of the deal, Roc Nation is advising the league on the selection of artists for major NFL performances, like the Super Bowl — and presumably the Kickoff event. 

Keys was the halftime performer at Super Bowl Super Bowl XLVII.

According to the announcement last year, a major component of the partnership is to “nurture and strengthen community through football and music.” Roc Nation is also involved in the NFL’s Inspire Change program, which in partnership with the NFL Players’ Association is committing $250 million to social justice causes.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL Commissioner Roger Goodell and Green Bay Packers alumni welcome fans to the 2025 NFL Draft before the first round on Thursday, April 24, 2025, at Lambeau Field in Green Bay, Wisconsin. The draft runs through April 26.
exclusive

NFL Network to Continue Draft Broadcast Under ESPN

NFL Network has produced its own draft broadcast since 2006.
Dec 13, 2025; Baltimore, Maryland, USA; President Donald J Trump cross the field at half time of the game between the Navy Midshipmen and the Army West Point Black Knights at M&T Bank Stadium.

Trump Signs Executive Order to ‘Preserve’ Army–Navy Game

The order seeks to guarantee an exclusive television window for the game.
Acrisure Stadium in Pittsburgh

How Pittsburgh Is Remaking Itself for the NFL Draft

Local schools, hotels, and transit systems all adjust to forthcoming influx.
Jan 19, 2026; Miami Gardens, FL, USA; Egon Durban walks on the sideline with Tom Brady before the CFP National Championship college football game between the Indiana Hoosiers and the Miami Hurricanes at Hard Rock Stadium. Mandatory Credit: Kirby Lee-Imagn Images

NFL Owners To Vote on Raiders Succession Plan

The plan creates a path for the Raiders to leave the Davis family.

Featured Today

Beau Brune/LSU

College Athletic Departments Are Becoming Media Companies

“There’s only so many tickets you can sell, but content is infinite.”
March 18, 2026

AI College Recruiting Reels Aren’t Fooling Scouts

College coaches and recruiters are way ahead of cheating athletes.
March 7, 2026

Alex Eala Has Become One of the Biggest Draws in Tennis

Eala will face Coco Gauff in the third round at Indian Wells.
Jun 9, 2021; Paris, France; The racket of Coco Gauff (USA) after she smashed it during her match against Barbora Krejcikova (CZE) on day 11 of the French Open at Stade Roland Garros
March 6, 2026

The ‘Rage Room’ Is the Hottest Place in Tennis

The idea came from a player podcast.
FIFA

Saudis Awarded 2034 World Cup in Uncontested Vote

Saudi Arabia was the only option after Australia decided not to bid.
May 20, 2024

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
The stands at the Solheim Cup
September 13, 2024

LPGA Apologizes for Solheim Cup Fan Bus Debacle

The USA-Europe women’s team golf event teed off Friday morning.
Sponsored

Paul Rabil: Why Owning a Team Is a 100x Bet

Paul Rabil shares how he left an established league to build PLL.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.