Napheesa Collier emphasizes the importance of US Bank’s financial literacy program in the WNBA

Discover the latest news and updates on FoxBusiness.com about the professional sports leagues that are generously contributing to gain exposure by sponsoring stadiums, fields, courts, jerseys, and more. While financial investment is a common practice, some sponsors like the WNBA’s Changemakers are focused on making a real impact on the league they partner with.

One of the Changemakers, U.S. Bank, is dedicated to providing financial literacy services to all WNBA players to ensure their financial well-being now and in the future. This initiative has received praise from Minnesota Lynx star Napheesa Collier, who emphasized the importance of U.S. Bank’s support in managing the financial challenges that come with being a professional athlete.

Chris Lee, senior vice president of U.S. Bank, expressed his enthusiasm about the opportunity to make a tangible impact on the lives of athletes through this partnership. U.S. Bank is committed to offering an exclusive financial education microsite and access to financial advisors for all 144 WNBA players, tailored to their unique needs as professional athletes.

Collier herself has taken advantage of U.S. Bank’s assistance with tax filings, budgeting, and financial planning, highlighting the vital role that U.S. Bank’s support plays in enhancing the financial literacy of WNBA players. She also stressed the significance of educating younger players who stand to benefit the most from this program, especially as college athletes increasingly earn money through NIL deals. Collier advocated for early financial education as a means to secure a better financial future for athletes, emphasizing the importance of maximizing their wealth during their limited time as professional players.

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Rachel Adams

Rachel Adams is your WNBA insider, delivering comprehensive coverage of women’s basketball. With a commitment to highlighting the talent and achievements of WNBA players, she provides game analysis, player profiles, and inspiring stories from the league.