The sports business industry generates over $250 billion per year in revenue, more than twice that of the auto industry and nearly seven times that of Hollywood. While athletes of color represent the vast majority of professional athletes, the lack of firms and professionals of color in numbers and/or in meaningful positions in the related areas of the industry is a cause of great concern.

FAIR (FraserNet's Athlete Initiative for Reform), organized to respond to the lack of involvement by firms and professionals of color in the sports business industry, is a nationwide movement to raise the consciousness of professional athletes of color and connect service firms and professionals of color with those athletes. Working with George Fraser and the FraserNet team, the Company's efforts are directed at establishing a connection between Black professionals, organizations, and businesses and the Black professional athlete to help players maximize their personal development while becoming useful contributors to the Black community through community and economic development, job creation and political involvement.

The mission of FAIR is to increase the participation of African American professionals in the provision of goods and services to African American athletes in particular and the sports industry in general. By connecting the African American athlete (funds) with the African American professional (intellectual capital and community development and business know-how), FAIR will lead a revolution of thought and action to uplift the entire African American community in the areas of community and economic development, educational opportunity, job creation and personal empowerment.

Our effort is designed to increase the utilization of African American professionals to meet the accounting, auto, banking, finance/investment, marketing, personal services/furnishings, public relations and real estate needs of the African American athlete. Our strategy will involve utilization of our vast network of firms, individuals and organizations of color to connect with current and prospective athletes and/or their families. We believe that the participation and influence of firms, organizations and professionals of color in the sports industry will increase as a result of this increased consciousness, and that the increased participation by such firms will serve as a catalyst for community and economic development within our community.

As the Black Coaches Association and the Fritz Pollard Alliance have discovered in trying to initiate change on the college and professional levels respectively, the athlete is at the root of the solution and FAIR will develop and sponsor activities, programs and events to increase the success rate of athletes of color and make the connection between those athletes and firms and professionals of color. FAIR has reached out to other organization dedicated to creating partnerships that result in creating intellectual and economic wealth in our community including, but not limited to, 100 Black Men, the Black MBA Association, the National Association of Black Accountants, the National Black Lawyers Association, the Urban League, the NAACP, and the various fraternities and sororities of color across the country. Each organization and its membership are uniquely positioned and qualified to assist in the FAIR initiative.
If you would like more information about FraserNet please email your questions to FAIR@frasernet.com. If you would like more information about Entertainment & Sports Plus please email your questions to eglenn@espsportslawpro.com