Thomas keeps Citi sponsorship with money donated to LGBTQ - News Summed Up

Thomas keeps Citi sponsorship with money donated to LGBTQ


Investment bank Citi decided Monday to keep its sponsorship of Justin Thomas, condemning the anti-gay slur he muttered and requiring him to donate a "meaningful portion" of his deal as part of an active role in LGBTQ causes. "It would send a clear and important message, but we decided to use this moment to work with Justin to try to create change." Hassan said some of her colleagues felt anything less than cutting ties to Thomas would undermine Citi's commitment to the LGBTQ community and that was considered. She said Citi would work with Thomas to help accelerate support for the LGBTQ community and to increase awareness. Terms of his endorsement deal with Citi were not disclosed, nor did the company say how much money would be donated to various organizations as a "meaningful portion" of his sponsorship fee.


Source: Fox News January 25, 2021 19:18 UTC



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