jaylen brown, jason kidd, yourself, you've all had a lot of success. how serious are you guys about this? i know this is a big splash this week this month. but moving forward, if we talk in 2 or 3 years, are you still going to be at it serious as a heart attack? this is the kind of thing that i'm inspired by. as you know, raj and my involvement in next door community is everything. bringing communities together, particularly in a time when we're more polarized and divided than ever, but also where income inequality is really getting out of hand. you know, jaylen told me that income inequality in boston, where he launched this program for the median white family, their net worth is $247,000. and for the black family in boston, it's $8, $8. and so whatever we can do to bring and marshal resources to bear in one of the most successful and innovative areas in the entire world, it seems to me that it's a worthwhile endeavor, and we're going to be at it for years to come. so i'm very excited to be a part of it. we wish you the best of luck. we'd like to chec

>> yes, dave, when you talk about leaders and good people and a great idea, you talk about jb, jaylen brownknow, when you talk about the exchange starting in boston. yeah, that idea i felt like oakland needed that. and i asked jaylen if he would come and help oakland, being a cal alum, to come help my home city. and it's needed here. and when you talk about putting up money, it's not just about the money, but the resources to give our youth and no matter what age you are, i'm a little bit older than jaylen, and i just lost to jaylen. >> i know i wasn't going to bring that. >> that's okay. well okay we can get that out of the way. yeah right. but his vision and who he who he is and what he stands for i wanted to be a part of that. >> yeah. >> so how can we visualize what's going to happen with this money, this potential, these ideas? how would you paint a picture, jaylen, >> there's a lot of great, community and resources that are already being are already contributing to making change here in oakland. so giving them the support that they need, it's not about creating anything from scratch.

launched this month by basketball stars jaylen brown and jason kidd, and the local group oak stop, the program aims to create millions of dollars in generational wealth for black families, and they held their first event today. here's nbc bay area's velena jones with more. meeting young black people and young people in this room is filled with entrepreneurs and established business leaders looking to push the town forward together. the event is called accelerate. it's the first event of oakland exchange, a national nonprofit initiative that aims to create generational wealth in communities of color. the goal of accelerate is for us to bring together people from across different industries technology, social justice, business, activism and really focus on what does oakland need to do to come together to drive solutions that are going to allow us to see the changes that we want to see in our community. jaylen brown and jason kidd launched oakland exchange earlier this month in partnership with tre tk stop, which provides event and workspaces to entrepreneurs and nonprofits. the goal of t

jaylen brown spent one year at cal. he's going to make like $60 million last year. first things he said is i want to make sure we're giving back to the community. he's he's got his head on straight that's for sure. he's tremendous. >> so proud. yeah. the whole community of cal feels that way. yes. >> yeah they are. all right. did you see that video of a bear that broke into a southern ♪ jardiance! -it's a little pill with a ♪ ♪ big story to tell. ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seeee, ♪ ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body to flush out some sugar. and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor righ

all star jaylen brown and hall of famer jason kidd are teaming up to launch a new initiative.s called the oakland exchange. as abc seven news reporter anton anser hassan found out, it aims to help build wealth in underserved communities by making major investments in black businesses. >> nba greats jaylen brown and jason kidd are coming to play in oakland, but not on the basketball courts. they're known for. >> today was a great day to commence. you know, being able to be the identify the next location and be able to have collective people of influence show up here. >> brown, who just won the nba championships with the boston celtics, recently launched the boston exchange. it aims to address the wealth imbalance by creating a black wall street in boston. he's teaming up with kidd to do the same in oakland. >> he did win the championship on the floor, but we can also create championships off the floor and i'm here to support that. >> kidd grew up in oakland, played at cal, went on to become an nba all star. he says oakland already has the talent and the mentors to make this a s

celtics star jaylen brown and dallas mavericks coach jason kidd were in oakland today.y're launching a new initiative aimed at building businesses and boosting wealth in underserved areas. brown says his idea started with the launch of the boston exchange. it's a nonprofit that provides resources and opportunities to entrepreneurs from underserved communities. now, he is launching the same program in oakland. the goal is to help generate $5 billion in generational wealth for historically marginalized communities, largely through guidance and smart investing. combining resources and amplifying what people already been doing in the community is key. it's not about starting anything from scratch. being able to partner with people and enhance those resources is a part of what the exchange wants to accomplish. both brown and kidd have bay area ties. brown attended uc berkeley and kidd grew up in oakland. the basketball duo says the program also includes a third partner, oak stop, who has already been doing similar work for a decade in oakland. garvin pairing up small busines

impulsado por las estrellas del baloncesto jaylen brown y jason kidd. también se les unió el grupo local houston y la actividad incluyó reuniones relacionadas con la tecnología, justicia social, negocios y activismo, todo con el objetivo de crear riqueza generacional en las familias de raza negra, al mismo tiempo que buscan soluciones a problemas que afectan a la comunidad, que por eso los atletas se han involucrado tanto con eso. parte del combate de contrato de brandon viene con el sueño de crear, poder tener riqueza generacional. claro que bien. y es que los atletas forman como parte de la vida de los niños y se convierten como en ídolos. a veces lo quieren también seguir parte importante de la conida así es. b,mud.ueno >> esta tarde en noticias telemundo, osiel cÁrdenas guillÉn, el capo conocido como el mata amigos, estÁ en liberta. fue el lÍder del cÁrtel del golfo, fundador de los zetas y uno de los criminales mÁs violentos de mÉxico. el gobierno de estados unidos confirma que serÁ extraditado el lunes por mandar. ademÁs, hablamos con los padres d

the program is called oakland exchange, and it's a collaboration between basketball stars jaylen brown, jason kidd and a local group, oak stop. today's event, dubbed x celebrate, was a seminar and a chance for minority entrepreneurs to network with possible investors. trevor parham. parham, founder of oak stop, says the idea is to create connections that move everyone forward and create more opportunities for black people and businesses in oakland. the goal of accelerate is for us to bring together people from across different industries, technology, social justice, business, activism and really focus on what does oakland need to do to come together to drive solutions that are going to allow us to see the changes that we want to see in our community. oakland exchange says its goal is to host events like this one that we're showing you right now on a quarterly basis. okay. friday night lights are back. the high school football season kicks off tonight for most bay area schools. but amid all the cheering and excitement, there's an ongoing concern. of course, about concussions. nbc's dami

the first step in a new program led by basketball stars jason kidd and jaylen brown.y hope it brings real change to the east bay. the news at five starts right now. good friday everyone. thanks for joining us i'm janelle wang. and i'm jessica aguirre mayor of san francisco. and police officers from both sides of the bay say they are working together on ways to disrupt and ultimately prevent sideshows. it comes after a dangerous weekend involving a group of more than 100 dirt bike riders. nbc bay area sergio quintana has details on this regional plan. police agencies will be rolling out to talk a little bit. the first thing mayor london breed addressed at the start of this news conference is the motorbike swarm that swept through the city sunday. she says police consider them sideshows as well and will be charged the same as the large groups of cars that often take over intersections and perform illegal street stunts. we will use every tool that we have and every law that we have in order to stop and disrupt the sideshows that are happening in our city. and she's intro

imagínate, impulsado por las estrellas del baloncesto jaylen brown y jason kidd. y es que los atletas forman como parte de la vida de los niños y se convierten como en ídolos. a veces lo quieren también seguir parte importante de la conida así es. b,mud.ueno >> esta tarde en noticias telemundo, osiel cÁrdenas guillÉn, el capo conocido como el

oakland exchange, a collaboration between basketball stars jaylen brown and jason kidd, and the local group oak stop. the initiative aims to create generational wealth for minority communities. today, the group held its first big event, dubbed accelerate, with a seminar and a chance for minority entrepreneurs to network with possible investors. the co-founder of nextdoor, the neighborhood app with about 90 million users worldwide, is an advisor for oakland exchange. community is everything. bringing communities together, particularly in a time when we're more polarized and divided than ever, but also where income inequality is really getting out of hand. you know, jaylen told me that income inequality in boston, where he launched this program for the median white family, their net worth is $247,000. and for the black family in boston, it's $8, $8. oakland exchange says its goal is to host events like the one held today on a quarterly basis. all right. let's go ahead and turn to meteorologist vianey arana. now, as we enter the holiday weekend. how's it looking? vianey. it's looking cal

boston celtics all star jaylen brown and hall of famer jason kidd are launching oakland exchange. the initiative aims to create an to address rather the wealth imbalance by funding black businesses, including business incubators, launching programs for local artists, and purchasing property to create generational wealth. brown launched a similar effort in boston. >> he did win the championship on the floor, but we can also create championships off the floor and i'm here to support that. >> oakland is rich in history and tradition, entrepreneurship, so it's not like i got to come here and start something that ain't been done already. >> oakland exchange has started looking where it can make its initial investments as well as how to attract more investors. tonight was the monthly chinatown night market in san francisco. it was a big success with thousands of people filling the streets to check out the vendors and spend time in community. there was live music, dragon dances, and plenty of food to choose from. the revival of this market was spearheaded by the civic joy fund and be chi

boston celtics all star jaylen brown and hall of famer jason kidd are launching oakland exchange. to create an to address rather the wealth imbalance by funding black businesses, including business incubators, launching programs for local artists, and purchasing property to create generational wealth. brown launched a similar effort in boston. >> he did win the championship on the floor, but we can also create championships off the floor and i'm here to support that. >> oakland is rich in history and tradition, entrepreneurship, so it's not like i got to come here and start something that ain't been done already. >> oakland exchange has started looking where it can make its initial investments as well as how to attract more investors. tonight was the monthly chinatown night market in san francisco. it was a big success with thousands of people filling the streets to check out the vendors and spend time in community. there was live music, dragon dances, and plenty of food to choose from. the revival of this market was spearheaded by the civic joy fund and be chinatown. the market w

now nba champion jaylen brown were in oakland today to announce the exchange. it's a national initiative aimed at building generational wealth in underserved and underrepresented communities. the program is already successfully launched in boston and now it will be in oakland in partnership with community organization. oak stop. >> and oakland, which i would consider is like a second home to me going to school at uc berkeley. my i've i got a lot of times lot of people in this room that i've known for a long time. vocal his roots and history and tradition, entrepreneurship and business and togetherness and organizations. so what honor it is to be up here announced an initiative. >> the exchange will have its organizing hub in downtown oakland. the initiative will also be partnering with local universities like uc berkeley and stanford to create pipeline's renovation and investment. still ahead here at 10 o'clock connects san francisco. safeway workers says he was fired for feeding the cops who protecting the store. >> the lawsuit now seeking millions over the te

boston celtics all star jaylen brown and hall of famer jason kidd are launching oakland exchange.to address the wealth imbalance by funding black businesses, including business incubators, launching programs for local artists and purchasing property to create generational wealth. brown launched a similar effort in boston. >> he did win the championship on the floor, but we can also create championships off the floor and i'm here to support that. >> oakland is rich history and tradition, entrepreneurship, so it's not like i got to come here and start something that ain't been done already. >> oakland exchange has started looking at where it can make its initial investments, and also into how to attract more investors. the first ever us national wing foiling championship took off in the waters off crissy field. look at this video. this speed racing sport combines windsurfing and kitesurfing. it was a foggy, windy day yesterday in san francisco, so not ideal for summer, but perfect for these athletes. people came from all over the country to the san francisco bay for a chance to take

. >> nba finals mvp jaylen brown and oakland native and nba hall of famer jason kidd are teaming up off the court to address the racial wealth gap in the united states. brown and kidd, who each attended cal berkeley, were in downtown oakland today launching an initiative called the exchange. the goal is to raise $5 billion to generate net wealth for marginalized communities. they're partnering with oak stop, which offers 65,000ft!s of co-working space o underrepresented business owners. >> there's a lot of great community and resources that are already being are already contributing to making change here in oakland. so giving them the support that they need, it's not about creating anything from scratch. it's about partnering, being able to have relationships with some of the places and nonprofits that are here in the community, and also giving them an extended platform. >> that was brown and kidd when they joined us this morning on the nine, they say they hope to bring generational wealth building solutions to oakland. they launched the exchange initiative in boston last week. >> the o

are teaming up to make a big investment in black businesses in oakland, boston celtics all star jaylen brown and hall of famer jason kidd are launching oakland exchange. the initiative aims to address the wealth imbalance by funding black businesses, including business incubators, launching programs for local artists, and purchasing property to create generational wealth. brown launched a similar effort in boston. >> he did win the championship on the floor, but we can also create championships off the floor and i'm here to support that. >> oakland is rich in history and tradition, entrepreneurship, so it's not like i got to come here and start something that ain't been done already. >> oakland exchange has started looking at where it can make its initial investments, and also into how to attract more investors. well, the first ever us national wing foiling championship took off in the waters off crissy field. the speed racing sport combines windsurfing and kite surfing. that's only been around for about ten years and it was a foggy, windy day yesterday in san francisco. not ideal for summer

nba finals mvp jaylen brown, oakland native and nba hall of famer jason kidd, both teaming up off thewho each attended cal berkeley, were in downtown oakland yesterday launching an initiative that they call exchange. the goal is to raise $5 billion to generate net wealth for marginalized communities. they're partnering up with oak stop, which offers 65,000ft!s of co-working space o underrepresented business owners. >> there's a lot of great community and resources that are already being are already contributing to making change here in oakland, so giving them the support that they need, it's not about creating anything from scratch. it's about partnering, being able to have relationships with some of the places and nonprofits that are here in the community, and also giving them an extended platform. >> and kidd were on the nine yesterday, and they say they hope to bring generational wealth building solutions to the city of oakland. they launched the exchange initiative in boston last week. >> goodwill is hosting a special vintage inspired pop up shop event today as part of the 23rd an