Killer Mike Challenges Michael Jordan to Invest Profits in Black Financial Institutions

Killer Mike Challenges Michael Jordan to Invest Profits in Black Financial Institutions

In an Instagram post, the Killer Mike challenged Michael Jordan to invest the profits from Olympic Michael Jordan Drop into a black financial institution and said his example would encourage other players to do the same.

Atlanta Black Star reported Jordan donated $1 million to the NAACP Legal Defense Fund and another $1 million to the International Association of Chiefs of Police’s Institute for Community-Police Relations. It was the first time Jordan spoke out about violence by and against African-Americans.

“I am saddened and frustrated by the divisive rhetoric and racial tensions that seem to be getting worse as of late,” he said at the time. “I know this country is better than that, and I can no longer stay silent.”

Jordan had been criticized for not taking a strong enough stand when it came to racial violence since he gave equal donations to the two organizations. Jason Whitlock of Fox Sports’ “Speak For Yourself” was one detractor.

“Michael Jordan is cutting a $2 million check to restore his image,”  Whitlock said in the July 25 episode. “His image has been taking a beating over the last 10 years.”

Mike wants the athlete to invest in Black America more than he has. In an Instagram post made Aug. 6, Mike asks Jordan to place profits generated from the forthcoming Air Jordan 5 Retro “Gold Medal” sneaker into a Black-owned bank.

“We know that with your example other Players will follow,” the MC wrote. “I’m sure Jim Brown, Kareem & Bill Russell will agree. Love ya man. U truly were/are the greatest.”

Dear MJ #23, on the behalf of black people and cops (I have loved ones who are both) thanks for the million dollars to the NAACP & Police Orgs. Now we wud like to Challenge you to send the profits of this Olympic Jordan Drop Into a Black Financial Institution. We know that with your example other Players will follow. I’m sure Jim Brown, Kareem & Bill Russell will agree. Love ya man. U truly were/are the greatest. *********************************** Black People and Allies of black people instead of buying this or any shoe. (1) Start an account with a black bank or credit union. (2) Save 300 bucks and get a secured credit card (#citzenstrustbank has a good one). (3). Charge these or any shoe, pay your bill on time building your credit. This way u r fresh as u wanna be, saving your actual cash and building your credit score. That way these shoes are a tool for your empowerment and not something that chains you into poverty. ************************************* I hope MJ and Us, Do The Right Thing!

A photo posted by Killer Mike (@killermike) on Aug 6, 2016 at 12:42pm PDT

He also issues a challenge to the Black community and its allies.

“Black People and Allies of Black people instead of buying this or any shoe. (1) Start an account with a black bank or credit union,” he began. “(2) Save 300 bucks and get a secured credit card (#citzenstrustbank has a good one). (3). Charge these or any shoe, pay your bill on time building your credit.”

According to Sole Collector, the Gold Metal Air Jordan is expected to be released Aug. 20. It retails for $190 and celebrates this year’s Olympic Games in Rio, Brazil.

Mike has been a key figure in the bank Black movement spurred last month. Black-owned financial institution OneUnited Bank announced on its Facebook page that $10 million has been moved to accounts there in less than one month.

Swati Sharma

Swati Sharma is an editor at “On Breaking”. She is a very enthusiastic journalist and has worked for many Esteemed Online Magazines and Celebrity Interview, thus gaining a huge experience before joining the team at On Breaking. You can mail on gmail teenbabe1@gmail.com

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  • Malby

    Which black financial institutions or credit unions? And what would that accomplish?Perhaps Killer Mike should do that instead of “challenging” someone who has already taken action?