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Freakonomics Radio #599 · August 22, 2024 · 44m

The Sad Economics of NFL Running Backs

Dubner explores why NFL running backs — once the highest-paid, most celebrated players — now have the shortest careers and lowest salaries relative to their physical sacrifice. A case study in how market forces can make essential work almost worthless.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Canon

Dubner interviews running backs who were All-Americans in college — idolized, celebrated, destined for greatness — who became interchangeable NFL commodities within one season. The psychological adjustment from 'star' to 'replaceable' is devastating.

Highlights

The most physically punishing jobs in professional sports are now the lowest paid — because supply exceeds demand
Running backs take the most physical punishment of any NFL position, have the shortest careers (average 2.57 years), and are now among the lowest-paid skill positions. The economics: the supply of competent running backs exceeds demand because teams can replace them cheaply.
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