Sports and Business News: June 12th
Pay for College Players in Florida Starts in 2021
Florida Governor Ron DeSantis has signed a bill into law that would make it possible for any college athlete in The Sunshine State to earn money from their name, image, and likeness. Governor DeSantis said he viewed the bill as “something that was a matter of fairness” for student-athletes considering the NCAA and Universities make millions in revenue from school sports.
Florida joins Colorado and California as the only states that have a law that would permit college athletes to get paid off their image. For decades the NCAA has been strongly against allowing student-athletes to accept any form of payment, but the recent laws are putting pressure on the NCAA to change their policy.
The Florida law goes into effect on July 1st, 2021.
NFL, Nike Give Employees Paid Holiday for Juneteenth
On June 19th, 1865, Union soldiers arrived in Texas and delivered the orders that all slaves were to be freed under the Emancipation Proclamation; signed into law about 36 months earlier.
Juneteenth is also recognized as Freedom Day and though it is not considered a national holiday yet, many companies are giving employees a paid day off. According to NFL reporter Judy Battista, the National Football League announced the league office will be closed and all staff will have the day off in observation of Juneteenth. Several companies including Nike, Twitter, and Square also announced they are recognizing Juneteenth as a holiday and are giving their staff a paid holiday.
Daily coronavirus update
There are 7.5 million cases of the coronavirus worldwide, with over 422,000 fatalities.
In the U.S., there are over 2 million cases of the virus with over 113,000 deaths.
Texas now has over 81,000 cases, with over 1,920 deaths. As of Thursday, Texas saw a spike of over 1,800 cases in a 24 hour period.
Additionally, Arizona’s case count totals 31,200 after reporting 1,412 new cases on Thursday.
CNBC reported that cases in Arizona have climbed by nearly 300% since May 1, and have about doubled since Memorial Day. The state’s hospitals, as of Wednesday were at over 80% capacity. And North Carolina says that only about 13% of the state’s ICU beds are available due to the rise in coronavirus cases. North Carolina has around 39,000 cases of the virus, with over 1,100 deaths.
One thing to note is that according to researchers, this is still considered the first wave of the coronavirus. Per definition, the second wave would actually come after the first wave of the virus has retreated and then reappears or a different variant pops up. The states mentioned above never got rid of the first wave.
TheStreet's Katherine Ross contributed to this report.