September 21, 2015 tomshaw_qqq7aq

Economics of the NFL Draft: How 1/100th of a Second Made Chris Johnson $53 Million

A mere 1/100th of a second made running back Chris Johnson a millionaire in the NFL Draft.

Following his senior season at East Carolina University, Johnson was the boy in the bubble coming into the 2008 NFL Draft. If the picks fell right, he might have been taken in the second round on the first day of the draft. If things didn’t play out his way or his stock fell for some reason or another, the NCAA record holder in all-purpose yardage could have easily dropped to the third round or lower, sitting around the television as player after player got picked instead of him.…


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