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« Keon Lawrence Leaves the Mizzou Basketball Program | Main | Kip Esquire's Blog Has Moved »

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What reasonable economic argument can Goodell and owners really proffer here? If it is so inefficient to put resources towards these unproven rookies, can't any team gain a competitive advantage by simply not signing so many rookies, and put that money towards signing more veteran players on the free agent market?

Clearly, there is a premium paid to top draft picks, based on the potential that they will blossom into super stars. Owners in pro-sport labor disputes always basically argue that they are too irrational to let market forces operate.

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