Tag Archives: NFL

NFL Draft Strategy

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Last night, the NFL Draft took place in Nashville, Tennessee. Football fans across the country tuned in to see if their respective teams would capitalize on this next wave of young football talent. With the coveted #1 overall pick, the Arizona Cardinals selected reigning Heisman Trophy winner Kyler Murray. Murray, who has been compared to the Seattle Seahawks quarterback Russell Wilson, appears to be a promising dual threat offensive weapon for years to come. However, in the year 2005, a paper titled “The Loser’s Curse: Overconfidence vs. Market Efficiency in the National Football League Draft” was published by economist Richard Thaler. Continue reading NFL Draft Strategy→

Super Low at the Super Bowl

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It has now been five days since the Super Bowl. The New England Patriots, led by Bill Belichick and Tom Brady, went on to beat the Los Angeles Rams to win their sixth league championship. The game, held in Atlanta, Georgia, was the lowest scoring NFL championship in league history with both teams combining for a total of 16 points. The score was not the only low point at Mercedes Benz Stadium, however. This past season, the ownership of the Atlanta Falcons decided to slash concession prices during home football games. Fans could purchase a beer for $5 and a Continue reading Super Low at the Super Bowl→

What a College Football Player is Worth According to Market Value

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Business Insider recently released a study that estimated the value of a college football player if they were considered to be on the free market like you might see in the National Football League (NFL). The way that they were able to calculate the value was using the Collective Bargaining Agreement of the NFL in which the players receive 47% of the total revenue gathered. Business Insider then split the revenue between the players and the college and divided evenly across all of the players with scholarships (85 of them). The photo below shows the value of each player for bigger universities Continue reading What a College Football Player is Worth According to Market Value→

Player Stock from Fantex

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A couple years ago, a company called Fantex announced that it would be having an IPO (initial public offering) of stock on Houston Texan’s running back Arian Foster. The goal was to offer about a million shares of stock in the earnings of Foster, the 28 year old star running back. Foster would receive $10 million up front, and the value of these shares purchased is linked to essentially 20% of the earnings associated with his professional brand (including endorsements and other business ventures). This would count any earnings from contracts for playing in the NFL, or any jobs later Continue reading Player Stock from Fantex→