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

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  • Adam Hoffer
  • Jared A. Pincin

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.

Suggested Citation

  • Adam Hoffer & Jared A. Pincin, 2019. "Quantifying NFL Players’ Value With the Help of Vegas Point Spreads Values," Journal of Sports Economics, , vol. 20(7), pages 959-974, October.
    • Handle: RePEc:sae:jospec:v:20:y:2019:i:7:p:959-974
    DOI: 10.1177/1527002519832060
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    References listed on IDEAS

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