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The DraftKing And I: Top Sports and Business News – April 24

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Here are the top sports and business headlines driving news on Friday, April 24.

History is repeating itself for the Green Bay Packers. President Trump signs 484 billion coronavirus relief into law. DraftKings sees a boost in bets and stock price.

The NFL Draft Kicks Off

The 2020 NFL Draft kicked off last night with the 1st Round. LSU Quarterback and reigning Heisman trophy winner Joe Burrow went first overall. Four quarterbacks in total came off the board in the first 32 picks, perhaps the most intriguing is the fact the Packers took Utah State QB Jordan Love with the 26th overall pick. Rodgers is 36 years old but still has four more years left on his current contract.

History may be repeating itself in Green Bay. Rodgers was originally drafted by the Packers 15 years ago today in 2005 with the 24th overall pick. At the time Brett Favre was their Quarterback which put Rodgers on the bench for the first three years of his career. Favre and Rodgers had a rocky relationship at first… with Favre famously saying it was his job to help the Packers win and not to take Rodgers under his wing.

We’ll see how Rodgers reacts now that he’s the elder statesmen and Love is the rookie looking to learn from one of the league’s best passers.

From Sports Illustrated: NFL Mock Draft – Round 2 and 3

An Update on the Coronavirus

There are over 2.7 million cases of the coronavirus worldwide, with over 193,000 deaths.

In the U.S., there are over 880,000 cases, and over 50,000 deaths. New York has the second highest number of cases, with over 271,000 cases.

Spain has over 219,000 cases with over 22,000 deaths and Italy has over 192,000 cases with over 25,000 deaths.

President Donald Trump has signed the $484 billion coronavirus relief package into law. The money will be used for small businesses who are struggling because of the coronavirus pandemic.

In total, nearly $3 trillion dollars have been spent to help the economy during the pandemic.

From TheStreet: Jim Cramer: People Don't Live in Fear of COVID-19, They Live in Fear of Death

A Look at Sportsbooks During the Draft

Even though there’s still no games on TV, Sportsbooks did see significant action from sports gamblers thanks to Round 1 of the NFL Draft and there’s plenty more bets to be made for Rounds 2-7. William Hill’s US CEO Joe Asher told the Associated Press Quote “There’s no doubt this will be the biggest-bet draft ever.”

DraftKings also get in on the action with NFL Draft Prop bets and has over 50 available for Day 2 and Day 3. As we discussed yesterday, DraftKings did make its debut today on the Nasdaq.

From TheStreet: DraftKings Pops 10% in Debut

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