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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)

Some football fans really do pay attention to offensive linemen, but really it's mostly their moms.

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

Yeah.

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

But there are a lot of them that are necessary for it to work.

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

So what does that mean about the market?

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

Coming up after the break, do running backs have any chance of returning to their previous glory?

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

This is Freakonomics Radio, and we will come back right after this.

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

Most of us don't respond well when something is taken away from us.

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

Psychologists like to talk about loss aversion, the fact that we feel more pain from loss than we feel pleasure from a gain of the same size.

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

Well, imagine being an athlete who's been working hard since age five or six, driven by the very slim hope that you might live out your dream and become an NFL running back, only to succeed and discover that your position has been downgraded.

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

An elite running back in the NFL can still make millions of dollars, but keep in mind that A, running back careers are short, and B, many of your teammates will be making more millions than you.

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

So what are your options?

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

You could stage a holdout.

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

That's what both Saquon Barkley and Josh Jacobs did in 2023, sitting out training camp after being franchise tagged by their respective teams, the New York Giants and the Las Vegas Raiders.

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

Both of them left their teams at the end of the season, and both have prospered with their new teams, Barkley with the Eagles and Jacobs with the Green Bay Packers.

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

But a holdout doesn't always go as planned.

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

In 2018, Pittsburgh Steelers running back Le'Veon Bell, one of the best backs in the league at the time, held out for the entire season rather than play under a franchise tag.

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

Here again is Brian Burke, the ESPN data scientist.

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

He got a big money contract with the Jets, but then he wasn't very good there.

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

Then his career was kind of over.

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

What would you have advised him when he was doing really well with the Steelers on his rookie contract?