MLB is investing up to $150 million to advance Black diversity throughout the league and the ... [+] communities that host teams. The financial commitment by the league will start in 2023 and include an annual $10 million, plus $5 million in matching contributions from external Players Alliance fundraising. “We believe in the mission of the Players Alliance and have been inspired by the passion and perspectives of the players who are leading this effort. As part of the new program, the Players Alliance will work with MLB and the 30 clubs within it around several events and joint initiatives. That will include the Breakthrough Series, DREAM Series, Reviving Baseball in Inner Cities (RBI), the MLB Draft Combine , and MLB Youth Academies.

Source: Forbes July 13, 2021 15:33 UTC