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Roland Fryer

👤 Speaker
162 total appearances

Appearances Over Time

Podcast Appearances

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

So the non-economist in me wanted them to be paid more.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

The economist in me understands that marginal value is what matters, and that's what's happening.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

So Fryer put his research skills to work.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

The first thing to do was to walk through and just verify those basic statistics, right?

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

Look at the salaries as a share of total spend of running backs relative to quarterbacks.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

And of course, that's what you find out.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

You can verify the intuition very quickly that the proportion of spend for running backs has gone down over time and quarterbacks much higher.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

And not just quarterbacks much higher, everybody else on the offensive team.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

So the first thing I did was test a bunch of supply side theories.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

We went and collected all the data we could on passing yards, running yards over the years by team, et cetera.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

But also we needed to understand the characteristics of the players.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

So we looked at combine statistics and all the data we could collect from there in terms of 40 speed, three cone drill speeds, which is a measure of explosiveness, bench press, all those kinds of things.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

And what we found was that running backs, in terms of their abilities in the Combine, have not changed.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

So the supply going in has not changed.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

And importantly, because it is a team sport, the supply of the other people around them hasn't changed much.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

But what has changed is the expected value of a passing play relative to a running play.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

The NFL and the teams want to maximize wins, maximize revenue.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

And the way you do that is that you score a lot of points.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

The way you score a lot of points is that you pass the ball more.

Freakonomics Radio
Why Don’t Running Backs Get Paid Anymore? (Update)

So just give me your name and what you do.