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The real deal

Market analysis reveals sports' most overvalued and undervalued assets

Originally Published: May 2, 2012
ESPN The Magazine

1. ROOKIES Imagine if tech companies imposed a restrictive scale on their most brilliant coders (Mark Zuckerberg) coming out of college while also colluding to bar them from starting their own companies (Facebook). That's how leagues, drafts and collective bargaining agreements constrain pro rookies. Over the course of their first contracts, pros can't make anywhere near what they'd earn if they could sell their services to the highest bidder. What a bonanza for owners. Economists ...

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