The event will honor the late NBA legend, his daughter Gianna and the seven other people killed in a helicopter crash last month.
The actor and his co-star in "The Photograph," Issa Rae, both addressed the importance of centering Black characters in films that are "purely love stories."
"Carry our family name proudly, but your road will always be yours to create, earn & own," the "Jumanji" actor said on Instagram.
The documentary is the first Netflix project released under the Obamas' production company, Higher Ground Productions.
Filmmaker Matthew A. Cherry teamed up with Gabrielle Union and Dwyane Wade to invite DeAndre Arnold to attend the 2020 Academy Awards.
“Most black actresses come to a new set w/ their hair done (me) or bring their wigs & clip-ins w/them,” actress Yvette Nicole Brown tweeted.