Marketplace

Search

Thursday, April 30, 2009

Listen to the show

Backlash rising over NFL rookie inflation

NFL Commissioner Roger Goodell, Matthew Stafford

Detroit Lions quarterback Matthew Stafford is slated to earn more than anyone in the NFL, a fact the commissioner says is "ridiculous." Joel Rose explores why the NFL pays more for its rookies compared to other sports leagues.

NFL Commissioner Roger Goodell, left, stands with Detroit Lions #1 draft pick Matthew Stafford for the 2009 NFL Draft at Radio City Music Hall in New York City -- April 25, 2009 (Jeff Zelevansky/Getty Images)

More on Sports

TEXT OF STORY

Steve Chiotakis: With questions about the future of the American auto industry, Detroit just can't seem to win. And poor Detroit Lions, they can't win -- even in the off-season. Ever since last weekend's NFL draft, critics have kicked them around for signing a first overall pick for almost $42 million bucks. That's nearly a third more than last year's first big pick. And the league is facing a rising backlash over rookie price inflation. The scorecard from Joel Rose.


Joel Rose: Detroit went 0-16 last year, which is why the team was able to pick Matthew Stafford. Earlier this week, the Lions' new quarterback read the "Top Ten" list on the Late Show with David Letterman.

Matthew Stafford: Number 8: If the Lions win one game this year, I'm a hero.

Regardless, he'll definitely be rich. Stafford is slated to earn more than anybody in the league. The NFL commissioner has said it's quote "ridiculous" to reward untested rookies with enormous contracts. Yet teams keep doing it, year after year.

Brian Goff: That seems to be the trade-off that the NFL has lived with.

Brian Goff teaches economics at Western Kentucky University. He says the NFL pays more for its rookies compared to other sports leagues, but the players have less mobility down the line.

Goff: If he does pan out, well you've got him pretty much as long as you want him.

NFL owners are likely to push for a rookie salary cap next year, but the players' union and high-powered agents are expected to push back just as hard.

I'm Joel Rose for Marketplace.

Comments

  • Comment | Refresh

  • Post a Comment: Please be civil, brief and relevant.

    Email addresses are never displayed, but they are required to confirm your comments. All comments are moderated. Marketplace reserves the right to edit any comments on this site and to read them on the air if they are extra-interesting. Please read the Comment Guidelines before posting.

    * indicates required field

    *
    *
    *
     




     

    You must be 13 or over to submit information to American Public Media. The information entered into this form will not be used to send unsolicited email and will not be sold to a third party. For more information see Terms and Conditions and Privacy Policy.

The Specials

GAME: Budget Hero

Budget Hero

Think you could balance the federal budget? Play the game.

Conversations from the Corner OfficeTM

Conversations From the Corner Office

Marketplace goes one-on-one with CEOs, company founders, head honchos...

Sit in.

BLOG: The Greenwash Brigade

Environmental professionals scrutinize eco-friendly claims by businesses, governments and groups. Check out their reports.

Marketplace on iTunes U

iTunes U

Marketplace is on Apple's online education platform, iTunesU. Get free downloads in subjects like history, science, business and more. Study up

American Public Media © |   Terms and Conditions   |   Privacy Policy