September 17, 2025

In a stunning and selfless gesture that has sent shockwaves throughout the basketball world and beyond, former New York Knicks head coach Mike Woodson, affectionately nicknamed “Atlanta Hawks” by longtime fans for his pivotal role in revitalizing that franchise, has made headlines once again—this time off the court.

 

Upon signing a new contract whose details are yet to be fully disclosed, Woodson has pledged his entire $109 million signing bonus to charitable causes, a move widely regarded as one of the most generous acts in recent sports history.

 

A Game-Changing Donation

 

According to official sources, the entire $109 million will be directed toward a combination of youth education programs, mental health initiatives for athletes, and urban community development projects in underserved neighborhoods across the U.S., including in New York City, Atlanta, and Indianapolis—cities deeply connected to Woodson’s personal and professional journey.

 

“This is bigger than basketball,” Woodson said in an emotional press conference Thursday afternoon. “I’ve been blessed by the game, and now it’s time to give that blessing back in a way that matters—by investing in people, in potential, and in the communities that made me who I am.”

 

Widespread Praise From NBA and Public Figures

 

NBA Commissioner Adam Silver called the move “unprecedented” and “deeply inspiring,” stating:

 

“Mike Woodson’s legacy was already cemented through his leadership on the court, but today he’s shown that true greatness comes from giving. This is the kind of leadership that transcends sport.”

 

Current and former players, coaches, and celebrities quickly took to social media to praise Woodson’s act. LeBron James, in an Instagram story, wrote:

 

“Respect to a real one. $109M straight to the people? That’s how you move when you understand your purpose.”

 

Impact Beyond the Court

 

A significant portion of the donation will go to launching the Woodson Foundation for Youth Empowerment, which aims to open 10 new learning centers over the next three years in inner-city neighborhoods, with a focus on literacy, STEAM education, and career development.

 

Another share will help expand mental wellness support services for young athletes and retired players dealing with the pressures of professional sports life—an often overlooked aspect of athlete health.

 

Woodson’s move not only reinforces his legacy as a tactician and motivator but now places him among the most philanthropic figures in sports history.

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