Talking Final Four with Bloomberg Radio — And Some Final Four Numbers!

In case you missed this today, I was a guest – along with Kristi Dosh (author of Saturday Millionaires) – on Bloomberg Radio’s Hays Advantage (with Kathleen Hays and Vonnie Quinn).  It was a brief (but very fun and interesting!) conversation.  Here is the link:

http://media.bloomberg.com/bb/avfile/Economics/On_Economy/vu.tG5OFk_BY.mp3

Our conversation began with the productivity of the players involved in the Final Four.  Here are the numbers I was referring to for each team (these numbers are from the Sunday before the tournament began).

Florida

Wins Produced

WP40

Casey Prather

4.89

0.225

Michael Frazier

4.85

0.195

Scottie Wilbekin

3.84

0.164

Patric Young

3.46

0.162

Will Yeguete

3.12

0.161

Dorian Finney-Smith

2.91

0.148

Kasey Hill

2.16

0.148

Jacob Kurtz

1.06

0.194

DeVon Walker

1.01

0.103

Chris Walker

0.25

0.150

Lexx Edwards

-0.03

-0.070

Dillon Graham

-0.05

-0.244

Billy Donovan

-0.12

-0.110

Eli Carter

-0.28

-0.213

27.08

 

Connecticut

Wins Produced

WP40

Shabazz Napier

7.32

0.247

Niels Giffey

3.92

0.197

Ryan Boatright

3.41

0.131

Amida Brimah

2.65

0.195

DeAndre Daniels

2.39

0.106

Lasan Kromah

2.02

0.102

Phillip Nolan

0.81

0.068

Terrence Samuel

0.69

0.147

Kentan Facey

0.63

0.206

Tyler Olander

0.52

0.079

Nnamdi Amilo

0.02

0.167

Tor Watts

0.00

0.004

Pat Lenehan

-0.05

-0.101

Leon Tolksdorf

-0.10

-0.087

Omar Calhoun

-0.58

-0.055

23.64

 

 

Wisconsin

Wins Produced

WP40

Frank Kaminsky

4.87

0.222

Josh Gasser

4.34

0.159

Ben Brust

4.18

0.145

Sam Dekker

3.67

0.148

Traevon Jackson

3.38

0.133

Nigel Hayes

1.53

0.104

Bronson Koenig

1.33

0.111

Duje Dukan

0.46

0.072

Zach Bohannon

0.20

0.339

Vitto Brown

0.01

0.013

Jordan Hill

-0.01

-0.024

George Marshall

-0.04

-0.070

Evan Anderson

-0.07

-0.085

23.85

 

Kentucky

Wins Produced

WP40

Julius Randle

5.40

0.214

Willie Cauley-Stein

5.35

0.270

Aaron Harrison

3.15

0.121

Andrew Harrison

2.64

0.103

Alex Poythress

2.27

0.149

James Young

2.24

0.084

Dakari Johnson

1.81

0.175

Marcus Lee

0.61

0.197

Jarrod Polson

0.37

0.056

Dominique Hawkins

0.13

0.022

EJ Floreal

0.07

0.744

Jon Hood

0.06

0.053

Derek Willis

0.06

0.057

24.16

 

As I noted, most of the players you will see this weekend are above average college performers.  And as I noted, if these players declare for the draft after the Final Four they should see their draft stock improve (relative to what it would have been had their teams not gone to the Final Four).

One last quick story on all this… I mentioned at the very end the idea that the free market should determine an employee’s wage in college sports.  When I testified in the NLRB hearing for the proposed unionization of the Northwestern football team, the attorney for Northwestern University suggested that the “free market” idea was something I came up with by myself.  I would note (and I noted this at the hearing) that a few people came up with the notion of a “free market” before I ever mentioned this in my writing.  For example, Adam Smith might have mentioned this at some point (yes, the idea goes back a bit!).

So the idea that you should let the market determine someone’s wage is hardly novel.  In fact, it is what we do in almost every labor market in the United States.  It might be time to start doing the same in college sports.

- DJ

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