• Loading stock data...
Monday, March 9, 2026

PepsiCo Donates to Diversify Soccer

  • PepsiCo is donating $1 million over three years to youth soccer initiatives in underserved areas of the U.S.
  • The initiative is part of a $570 million pledge the company committed to racial justice causes.
PepsiCo/Design: Alex Brooks

PepsiCo will donate $1 million to youth soccer programs in underserved communities over the next three years as an extension of its partnership with UEFA Champions League.

Last year, the company pledged $570 million over five years to racial justice causes. In March, it committed $40 million to support 4,000 Black and Hispanic students in community college programs.

The youth soccer initiative, “Team of Champions,” is intended to “help create transformational change for Hispanic and Black communities.” MLS player Javier “Chicarito” Hernández of the L.A. Galaxy lent his support to the program in his first move as a PepsiCo athlete.

Around a quarter of MLS players are Black, largely because the league attracts players from all over the globe. U.S.-born Black players account for around 9% of the league.

PepsiCo joins the numerous brands that made over $35 billion in racial justice commitments in 2020, though only a fraction of those were sports-focused.

  • Jordan committed $100 million to racial justice initiatives, and Nike added another $40 million.
  • Nike, Target, Chipotle, and Chevrolet are among the many companies that contribute to youth sports initiatives. 
  • Bud Light directed its “Thursday Night Football” ad spend to highlight Black-owned businesses.

PepsiCo has expanded its soccer sponsorships in recent years, and now partners with both the men’s and women’s UEFA Championship Leagues and several MLS teams, including New York City FC, the Orlando Pride, and FC Dallas.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dec 6, 2025; Fort Lauderdale, Florida, USA; Inter Miami forward Lionel Messi (10) looks on with the Philip F. Anschutz trophy after winning the 2025 MLS Cup against the Vancouver Whitecaps FC at Chase Stadium.

MLS Stadium Construction Boom Shows No Sign of Slowing

Inter Miami will move into a new venue in April.
Jan 10, 2026; Charlotte, NC, USA; Carolina Panthers quarterback Bryce Young (9) and wide receiver Jimmy Horn Jr. (15) reacts in the fourth quarter in an NFC Wild Card Round game at Bank of America Stadium.

Panthers Owner Aims to Build Charlotte Into a Destination City

Tepper Sports is upgrading the Panthers’ stadium and building a new music venue.
Jan 4, 2026; Cincinnati, Ohio, USA; Cleveland Browns defensive end Myles Garrett (95) celebrates with safety Donovan McMillon (31) following a sack against the Cincinnati Bengals during the fourth quarter at Paycor Stadium. The play set a new NFL single season sack record by Garrett.

Browns President: We’re ‘Easy to Pick On Right Now’ but Trust Our..

Dave Jenkins oversees a portfolio featuring NFL, NBA, and MLS teams.

Featured Today

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.
March 5, 2026

Mark DeRosa Is Still Baseball’s Swiss Army Knife

DeRosa is the sport’s utility player both on the field and off.
Nicole Silveira
March 3, 2026

The Tattoo Marking Membership in the Most Exclusive Club in Sports

For athletes, the Olympic rings tattoo is “about everything it took.”
Reggie Bush speaks on unionizing college football players during the Rose Bowl Hall of Fame induction ceremony at the University Club of Pasadena in Pasadena, Calif. Tuesday, Dec. 31, 2024.

Reggie Bush, Terrence Murphy Launch PE Firm for Emerging Leagues

Terrence C. Murphy and Reggie Bush are targeting $150 million for their debut fund.
Dec 30, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) reacts after scoring a basket against the Detroit Pistons during the second half at Crypto.com Arena
January 4, 2026

Why Pro Sports Team Valuations Will Keep Climbing in 2026

Asset scarcity and increasing media-rights deals underpin soaring valuations.
[Subscription Customers Only] Jul 13, 2025; East Rutherford, New Jersey, USA; Chelsea FC midfielder Cole Palmer (10) celebrates winning the final of the 2025 FIFA Club World Cup at MetLife Stadium
February 21, 2026

Soccer’s ‘Crown Jewels’ Are Devouring Smaller Clubs

Mega conglomerates are feeding a big business machine. Fans are furious.
Sponsored

From USWNT Star to NWSL Franchise Founder

Leslie Osborne, former USWNT midfielder, shares how athletes are moving from the pitch to the ownership table.
December 27, 2025

Mark Walter Offered a Stake in His WNBA Team. Billie Jean King..

“Getting involved with the Dodgers literally changed our lives,” Ilana Kloss says.
December 23, 2025

Ben Simmons Makes a Move: Buys 50% Stake in Sport Fishing Team

“I think I can really help this league grow,” Simmons told FOS.
Jacksonville Jumbo Shrimp mascot Scampi waves to fans during Opening Day baseball against the Gwinnett Stripers on March 29, 2024.
December 17, 2025

Private Equity Dives Further Into Minor League Baseball

Seven MiLB teams have changed hands in the last week.
December 14, 2025

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.