I am sure we have all calmed down from the frothy excite­ment of this year’s NFL draft. Wasn’t it just thrilling when Com­mis­sioner Goodell announced each pick as if it were a “pick six” — an inter­cep­tion for a touch­down? The draft is a deadly dull exer­cise in eco­nomics. Any asso­ci­a­tion of busi­nesses that would allo­cate per­sonnel as the NFL did last week would be com­mit­ting a vio­la­tion of the fed­eral antitrust law — a restraint of trade. The hero of this event is the NFL Players Asso­ci­a­tion. By agreeing to the draft in its col­lec­tive bar­gaining agree­ment with the NFL, the NFLPA bestows an “exemp­tion” on the League, pro­tecting it from antitrust expo­sure. Of course, few were really con­cerned about the legal ram­i­fi­ca­tions of the draft. They were much more inter­ested in whether their club would select another Tom Brady in the sixth round who would lead their fran­chise to three Super Bowls.

The NFL draft ush­ered in a new era in pro­fes­sional sport when the St. Louis Rams drafted Michael Sam, a bril­liant line­backer from the Uni­ver­sity of Missouri.

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