The NFL and How Strategy Makes Them Successful

The economic principle I researched was because of scarcity, people choose. All choices have an opportunity cost. My overall research question was how should NFL teams allocate scarce resources like payroll and draft picks to maximize their profitability and chances of winning?  Overall, I found that a good coach with a good strategy will maximize profit as well as winning games.

 The first and most important thing I learned from my research is that you need a good coach in order to be a successful team. All the good teams in the league replicate success through a good coach. For example, Bill Belichick of the patriots has been extremely good at creating a system of winning. He has shown over the years that you do not need the best players to always be the best team, he has great players but he does not have the most talented team every year. Bill Belichick has coached his Patriots to become the most feared team in football because he is that good of a coach. He is also paid around 10 million a year which is way less than what some of the superstar players get in the league. For what he is paid, he has great value and continues to show that year in and year out. The coach is the most important asset to a football team.

When a good coach is brought to a team, a good strategy also comes with it. Bill Belichick’s system has been similar yet different for every year he has coached. Overtime we see how great coaches play the game, some coaches are just good because they have one year where their system could not be stopped. A good coach will be able to implement the a different strategy for winning every year. The best coach is also the best at adapting, like Bill Belichick for example. He is great at changing his defensive game plan to destroy opponents but sticks with his hard and physical running game. This is a perfect example of a coach who sticks with one system but changes another to be successful, and that is what it takes in a coach to become great. It takes a man who knows that he must change, and does change in order to succeed.