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Stephen Dubner

👤 Speaker
8545 total appearances

Appearances Over Time

Podcast Appearances

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

Robert Smith had a lot of reasons to walk away, a lot of things beyond football that excited him.

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

He is an amateur astronomer, a prolific reader, and in addition to his broadcasting duties, he is working on a health and wellness startup, plus which he made good money as a younger man.

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

His final contract paid him $25 million over five years.

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

In his last season, the best of his career, he ranked second in the NFL in rushing yards.

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

But it was clear by then that running back money was drying up.

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

Every team has a league imposed salary cap, and they're constantly trying to figure out which players they can give less money to in order to give more money to the players they think they cannot win without.

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

And running backs had fallen off the cannot win without list.

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

Over the past few decades, NFL revenues have more than doubled to about $20 billion a year.

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

Since players get a percentage share of revenues, that means the overall player pool has also more than doubled.

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

But running backs have barely shared in that gain.

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

The pay for running backs and fullbacks over the past two decades has risen around 11%.

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

For all other offensive positions, salaries have risen at least 90%.

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

If you don't believe me, just ask an agent.

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

So how many athletes do you represent now, your firm?

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

It would appear to me that an agent is busy and important when you're making a deal, but I don't know how much maintenance that deal requires as time goes on.

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

Can you just talk about in the life cycle of an athlete, how involved are you?

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

Among agents that represent NFL players, what would you say that you're most known for?

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

Name some for me.

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

Do you still represent the same share of running backs?

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

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