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NBA Commissioner Adam Silver. Photo: Jayne Kamin-Oncea/Getty Images

At the Sports Business Awards Wednesday night, NBA commissioner Adam Silver said athletes should use their status to affect social and political change and not simply "stick to sports," reports Sports Illustrated.

Why it matters: Silver's comment came hours after the NFL released a controversial policy that prohibits players from kneeling in protest during the national anthem. The NBA has signaled its progressive approach to social justice issues as players are allowed to use their celebrity to speak out on various issues.

Silver's remarks at the Sports Business Awards Wednesday night:

"There’s never been a time when sports has been more impactful on society than it is today. And whether it’s issues affecting race and gender, health, mental wellness or technology and media, what we all do in this room matters day in and day out. And finally, I encourage all of you not to stick to sports. Do not stick to sports. Embrace it, celebrate it, and let’s all use it to build bridges and bring people together. "

Go deeper: Milwaukee police release video of NBA player arrest

Go deeper

Prosecutors begin closing arguments in Chauvin trial

Steve Schleicher, an attorney for the prosecution in Derek Chauvin's trial, began closing arguments on Monday by describing in detail George Floyd's last moments — crying out for help and surrounded by strangers, as Chauvin pressed his knee into Floyd for nine minutes and 29 seconds.

Why it matters: The jury's verdict in Chauvin's murder trial, seen by advocates as one of the most crucial civil rights cases in decades, will reverberate across the country and have major implications in the fight for racial justice.

Kendall Baker, author of Sports
4 hours ago - Sports

European soccer is at war

Liverpool celebrating its 2019 Champions League victory. Photo: Nigel Roddis/Getty Images

Europe's biggest soccer clubs have established The Super League, a new midweek tournament that would compete with — and threaten the very existence of — the Champions League.

Why it matters: This new league, set to start in 2023, "would bring about the most significant restructuring of elite European soccer since the 1950s, and could herald the largest transfer of wealth to a small set of teams in modern sports history," writes NYT's Tariq Panja.

Dion Rabouin, author of Markets
4 hours ago - Economy & Business

2021's expected earnings blowout begins

JPMorgan CEO Jamie Dimon. Photo: Mark Kauzlarich/Bloomberg via Getty Images

First-quarter earnings so far have been very strong, outpacing even the rosy expectations from Wall Street and that's a trend that's expected to continue for all of 2021. S&P 500 companies are on pace for one of the best quarters of positive earnings surprises on record, according to FactSet.

Why it matters: The results show that not only has the earnings recession ended for U.S. companies, but firms are performing better than expected and the economy may be justifying all the hype.

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