Economic Principle: Because of scarcity, people choose. All choices have an opportunity cost.
Overall Question: How should NFL teams allocate scarce resources like payroll & draft picks to maximize their profitability & chances of winning?
Sub questions:
- How does a team like New England, arguably the most successful team in the NFL allocate its resources to build a dynasty?
- When signing a franchise player to the team, meaning signing a big hefty contract, what are the opportunity costs of this signing? What is the team losing out on?
- In the NFL is it more important to owners to be profitable or to win games?
- What is the most important asset to have in the NFL and how much is it worth?
Sources:
SB Nation Cincy Jungle
Forbes
The Football Educator
Future Research Question:
- What makes more money for a football team, Tv contracts or ticket sales and fan items?

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