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Quantifying NFL Players’ Value With the Help of Vegas Point Spreads Values

Adam Hoffer and Jared A. Pincin

Journal of Sports Economics, 2019, vol. 20, issue 7, 959-974

Abstract: This study develops a new method for converting performance statistics into marginal product by using Las Vegas sportsbooks’ individual point spread values (PSVs) for National Football League players. This sarticle employs a Tobit model due to the prevalence of player PSVs that are 0. We find that quarterbacks dominate the player’s values. Passing yards per game, passing touchdowns, and rushing touchdowns are the only findings that are consistently significantly related to PSVs.

Keywords: point spread values; NFL; marginal product of labor; Vegas; quarterback (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:jospec:v:20:y:2019:i:7:p:959-974

DOI: 10.1177/1527002519832060

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