The Washington National Football League team paid a very high price to select Baylor quarterback Robert Griffin

Question:

The Washington National Football League team paid a very high price to select Baylor quarterback Robert Griffin III in the 2012 player draft. In addition to paying Griffin a high salary, the team made a trade with the St. Louis team in which they had to give up the rights to select several other highly ranked players. According to a news story, by 2014, the team's coaches seemed to view the team's backup quarterback as a better player than Griffin "but had to go with Griffin because the organization was so committed to him." The story described the price the team had paid "the highest price ever to draft an N.F.L. player." Should the price the team paid matter to its decision as to whether Griffin or his backup should start for the team? Briefly explain.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

Question Posted: