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Michael Jordan and his Jordan Brand have committed to donating $100 million over the next 10 years to “organizations dedicated to ensuring racial equality, social justice and greater access to education.”

Nike released a statement on Friday (June 5) to announce the massive donation.

“Jordan Brand is us, the Black Community,” the statement read. “Jordan Brand is more than one man. It has always been a family. We represent a proud family that has overcome obstacles, fought against discrimination in communities worldwide and that works every day to erase the stain of racism and the damage of injustice. The will, the work, the excellence the world has come to know is the result of one generation after another, pouring their dreams into the next.”

“It’s 2020, and our family now includes anyone who aspires to our way of life. Yet as much as things have changed, the worst remains the same,” the brand continued. “Black lives matter. This isn’t a controversial statement. Until the ingrained racism that allows our country’s institutions to fail is completely eradicated, we will remain committed to protecting and improving the lives of Black people.

“Today, we are announcing that Michael Jordan and Jordan Brand will be donating $100 million over the next 10 years to organizations dedicated to ensuring racial equality, social justice and greater access to education,” the statement concluded.

Here are black-owned businesses that you can support, now and forever.

Michael Jordan has broken his silence on the Black Lives Matter protests going on around the country.

The 57-year-old basketball icon shared a message of support to the Black Lives Matter protestors taking to the streets in response to the death of George Floyd.

“I am deeply saddened, truly pained and plain angry,” Michael started. “I see and feel everyone’s pain, outrage and frustration. I stand with those who are calling out the ingrained racism and violence toward people of color in our country. We have had enough.”

Michael then went on to call for “peaceful” protests, while saying we have to “pressure” leaders to make a change.

“I don’t the answers, but our collective voices show strength and the inability to be divided by others. We must listen to each other, show compassion and empathy and never turn our backs on senseless brutality,” Michael continued. “We need to continue peaceful expressions against injustice and demand accountability. Our unified voice needs to put pressure on our leaders to change our laws, or else we need to use our vote to create systemic change. Every one of us needs to be part of the solution, and we must work together to ensure justice for all.”

Michael concluded: “My heart goes out to the family of George Floyd and to the countless others whose lives have been brutally and senselessly taken through acts of racism and injustice. – Michael Jordan.”

Read what stars like Beyonce and Rihanna said while speaking out on the murder.

The new Air Jordan 5 “Fire Red” shoes are out now and are the hottest new shoes to buy!

The shoes were previously going to be released on March 28, but it was delayed until May 2. The original date would have been the 30th anniversary of the day when Michael Jordan scored 69 points against the Cleveland Cavaliers.

“As a nod to Jordan’s on-court play, the Men’s Air Jordan Retro 5 Basketball Shoes were designed to look like a fighter plane,” the official description of the shoe reads.

The shoes retail for $200.00 and you can order them now on FootAction.com or ChampSports.com.

Disclosure: Some products on this site use affiliate links and we may earn commission for any purchase made through the links.

Michael Jordan is giving away all his profits from The Last Dance docuseries.

According to Forbes, the legendary basketball star is set to make between $3 million to $4 million from the ESPN series, which focuses on the Chicago Bulls’ 1997–98 season.

PHOTOS: Check out the latest pics of Michael Jordan

The charities that Michael intends to donate to have not been named yet.

The first two parts of The Last Dance aired over the weekend, and became ESPN’s most watched docuseries ever.

You can also watch the series on ESPN2, which will have the profanity edited out.

Jimmy Fallon once accidentally kissed NBA legend Michael Jordan on the lips and recalled the awkward experience in a new Complex video series.

“I had a very awkward run-in with Michael Jordan. I was at a golf charity event with [Derek] Jeter, and so I was playing with those guys. … We were at some nightclub at the end of the night, and Derek’s like, ‘Hey Jimmy, do you know Michael?’“ Jimmy recalled. “And I go, ‘Yeah, I know you.’ And I went to say what’s up, and I went to give him a kiss on the cheek and he went to give me a kiss on this cheek and we both like kissed on the lips.”

“I thought I was gonna die,” Jimmy continued.

Jimmy continued that Michael was fine with it and said, “He grabbed me and he goes, ‘It’s okay.’“

“I saw him a couple months ago at a restaurant … we kinda had a look,” Jimmy laughed about their current status. “He knows what happened.”

If you’re loving this awkward Jimmy Fallon story, there’s one that definitely tops this involving another A-list star!

After Vanessa Bryant‘s emotional speech dedicated to her late husband and daughter, Kobe and Gigi, a moment happened that fans are talking about as so sweet and touching.

The celebration of life event – which took place on Monday (February 24) at the Staples Center in Los Angeles – saw Vanessa giving a heartbreaking tribute to her two late family members.

After the speech, NBA legend Michael Jordan got up from his seat in the audience and approached Vanessa and helped her down the stairs back to her seat before hugging her.

Michael gave a speech later on during the ceremony that had everyone laughing at one point!

Michael Jordan got so emotional during Kobe and Gianna Bryant‘s celebration of life on Monday (February 24) at the Staples Center in Los Angeles.

The NBA legend was on stage giving a speech when he broke down in tears.

“I took great pride as I got to know Kobe Bryant, that he was just trying to be a better person, a better basketball player. We talked about business. We talked about family. We talked about everything. He was just trying to be a better person,” Michael said.

“I have to look at another crying meme for the next…” Michael trailed off. “I told my wife I wasn’t gonna do this…cause I didn’t [want to see this] for the next three or four years! That is what Kobe Bryant does to me.” The audience went wild during this moment.

If you don’t know, the “Crying Jordan” meme has been circulating for years after Michael was crying hysterically during his Basketball Hall of Fame induction ceremony on September 11, 2009.

Be sure to watch Vanessa Bryant‘s extremely emotional tribute to her husband and daughter at the event if you missed it.