NHL, ForgiveCo erase $1.25M debt for veterans

Summary

NHL said its partnership with ForgiveCo erased $1.25 million in debt for 1,025 veteran families.

Why this matters

The partnership reports direct financial relief for veterans and their families, a group that can face challenges during the transition to civilian life. It also shows how major sports leagues are using charitable programs to support military communities.

The National Hockey League partnered with veterans service organization ForgiveCo to eliminate $1.25 million in debt for 1,025 veteran families.

According to the league, $250,000 of that debt relief will go to veterans in the Dallas area.

On Tuesday, during Game 5 of the Dallas Stars’ first-round Stanley Cup playoff series against the Minnesota Wild, Stars forward Jason Robertson hosted former Army Specialist Cesar Gonzalez and his family at American Airlines Center in Dallas. Gonzalez is among the veterans whose debt will be erased through the program.

Robertson, 26, also supports military families through “JR’s Heroes,” a program funded by the Dallas Stars Foundation. The program provides premium game tickets and a postgame meeting with Robertson for families of active-duty service members, particularly those with relatives serving overseas.

Founded in 2021, ForgiveCo buys debt portfolios for a small share of their original cost.

Craig Antico, chief executive officer and co-founder of ForgiveCo, said veterans can face financial challenges while transitioning out of the military.

“Managing debt during major life transitions, whether it’s moving from active duty to civilian life, relocating, or navigating family changes, is inherently stressful because fixed financial obligations often collide with unpredictable personal circumstances,” Antico said in a press release. “For years, we have collaborated with brand partners to lighten the debt burden and provide hardship relief for Americans. This partnership is especially significant because it supports veterans, individuals who have sacrificed so much in service to our country, by addressing their medical and financial debt. Wiping away even a single debt can make a profound difference during an already challenging transition.”

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