The National Basketball Association and National Basketball Players Association are making a substantial donation to assist the people and businesses affected by Hurricane Sandy. From the official press release:
The National Basketball Association (NBA) and the National Basketball Players Association (NBPA) announced today that they are making a commitment of $1 million to the Red Cross and other organizations, including The Salvation Army, New York Cares and Jersey Cares, that have mobilized to assist the people and communities affected by Hurricane Sandy. In addition, NBA teams and players around the league are supporting a number of humanitarian organizations to help bring much-needed aid to those impacted by the devastation caused by the storm. The league and its broadcast partners will also air pregame and in-game messages to encourage fans to support relief efforts by the Red Cross.
Other teams and individual players have made major donations of their own. Miami's Dwyane Wade pledged to donate his game check from the Heat's game in New York on November 2 - worth over $200,000 - to hurricane-related charities.
Madison Square Garden - parent company of the Knicks and New York Rangers - has announced a donation of $500,000 to the relief effort. The Knicks will raise additional funds with a telethon; they will solicit donations during the MSG Network broadcast of their November 9 game against the Dallas Mavericks.