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Earl Monroe New Renaissance School in Pelham Bay celebrated its inauguration with namesake and Knicks legend Earl ‘The Pearl’ Monroe.

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The first of its kind public, co-educational, tuition-free charter school dedicated to teaching students about the professions within basketball. Students should have passion for sports.

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Classes give students the skills to become a commissioner, lead a players union, become a sports agent, finance and pay caps as well as learn about the medical side of basketball. There are also classes in journalism and broadcasting.

Seven years ago, filmmaker Dan Clores created the New Renaissance Basketball Association, or RENS, to help disadvantaged youth gain college admission and scholarship awards. Over time, Clores and Monroe were inspired to build something bigger, so they opened the country’s first high school built entirely around basketball.

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The school is located in the city’s 7th school district in the South Bronx – a district committed to equity and serving the most disadvantaged children. It opened on time with the rest of the city a few weeks ago, but on Wednesday it was time to celebrate.

NBA Commissioner Adam Silver and Bronx Borough President Ruben Diaz addressed 110 school students before the formal ribbon cutting on Wednesday.