04.28.2011 0

The NFL Draft

The National Football League is being turned on its head due to labor strife.  Unlike most companies, the NFL needs a labor agreement to make its player draft legal, distribute national television revenues between teams, and set uniform work and hiring rules across the entire league.

The draft itself is designed to give the worst teams a chance to get the better incoming players.  But what if those incoming players don’t want to play for the team that drafts them?  Without an agreement, the NFL could find itself with top draftees choosing to all take their talents to South Beach.

Of course, without a collective bargaining agreement, some teams may dramatically reduce their payrolls by hiring players willing to work for significantly less than the current league minimum of $340,000 a year.  Both players and owners may discover hard lessons about the free market, and maybe that’s not such a bad thing.

Rick Manning, the author of this post, is the Communications Director for Americans for Limited Government. Follow Rick on Twitter at @RManning957.

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