Evaluating National Football League Draft Choices: The Passing Game
Recruiting competent personnel is crucial for the success of any organization, especially in competitive sports where the success of teams depends upon the quality of players selected. This paper examines whether football executives are able to forecast who will be the most successful quarterbacks and wide receivers. Our data base is constructed from the NFL drafts between 1974 and 2005. We use a variety of measures to determine the success of the players selected in those drafts. We conclude that, although their ability to rank the future performance of players is less than perfect, football executives are very successful in evaluating the talent of athletes. There was no evidence that teams that selected Awell@ also had competitive success.
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- Gramm, Cynthia L & Schnell, John F, 1994. "Difficult Choices: Crossing the Picket Line during the 1987 National Football League Strike," Journal of Labor Economics, University of Chicago Press, vol. 12(1), pages 41-73, January.
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- Michael Conlin, 2002. "Reputation in Bargaining: National Football League Contract Negotiations," Economic Inquiry, Western Economic Association International, vol. 40(2), pages 241-259, April.
- Mario Cleves & William W. Gould & Roberto G. Gutierrez & Yulia Marchenko, 2010. "An Introduction to Survival Analysis Using Stata," Stata Press books, StataCorp LP, edition 3, number saus3.
- Cade Massey & Richard Thaler, 2005. "Overconfidence vs. Market Efficiency in the National Football League," NBER Working Papers 11270, National Bureau of Economic Research, Inc.
- Stephen J. Spurr, 2000. "The Baseball Draft: A Study of the Ability to Find Talent," Journal of Sports Economics, , vol. 1(1), pages 66-85, February.
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