Wednesday, March 11, 2015

Ndamukong Suh, Miami Dolphins strike mega deal

Link to article

NFL free agency started on Tuesday, and the Miami Dolphins made a big splash (pun intended) by breaking the record for the most money ever given to a defensive player. They signed defensive tackle Ndamukong Suh to a six-year, $114 million contract with $60 million guaranteed. The move gives the Dolphins a big presence on defense but limits the amount of money under the salary cap that they can spend elsewhere.

So, even though the NFL is the only major sport with a hard salary cap, should more restrictions be in place to prevent athletes be making this much money? Granted, they're some of the best in their craft in the world, but making 1 percent of what Suh is making is still a very decent salary. Keep in mind though that many NFL teams are worth billions of dollars, so paying its players in millions isn't as bad as it may initially sound.

Also, looking at this from an economic standpoint, does it make sense to pour a big chunk of your capital into one very talented player, or does it make more sense to distribute that money to multiple players with average talent?

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