Calbert Cheaney Secures Historic $100 Million Endorsement Deal, Donates $50 Million to Youth and Orphan Causes
In a groundbreaking development that has sent shockwaves through the sports and philanthropic worlds, Indiana Hoosiers legendary small forward Calbert Cheaney has inked a staggering $100 million endorsement deal with billionaire businessman Carl Cook, CEO of the Cook Group. This marks one of the most lucrative partnerships in college basketball history, and what makes it even more inspiring is Cheaney’s commitment to giving back in a big way.
As part of this monumental agreement, Cheaney has pledged $40 million to the Boys & Girls Clubs of America, a renowned organization dedicated to empowering young people across the nation. The funds are expected to enhance facilities, launch educational initiatives, and expand mentorship programs, particularly in underserved communities. This initiative aims to give thousands of kids a fighting chance at a better future.
But Cheaney didn’t stop there. Demonstrating a profound sense of compassion, he also pledged $10 million to a prominent orphanage home in Indiana, ensuring vulnerable children have access to better living conditions, education, and healthcare. These contributions reflect not only his success on the court but also his deep commitment to uplifting the next generation.
Cheaney, who starred for the Hoosiers in the early 1990s and remains the all-time leading scorer in Big Ten history, has long been admired for his leadership and integrity. His decision to share his wealth at such a scale highlights the values instilled in him during his years under the legendary coach Bob Knight.
“This is bigger than basketball,” Cheaney said during a press conference. “This is about making a difference. I was blessed to have mentors and opportunities growing up — now it’s my turn to pass that blessing on.”
Carl Cook praised Cheaney’s humility and drive. “This partnership isn’t just about endorsements. It’s about legacy, impact, and the lives we can change together.”
With this transformative gesture, Calbert Cheaney has proven that true greatness extends far beyond the basketball court.