ABQCOWBOY
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That’s like saying Osweiler’s contract set the market. Jerry is redefining the over-inflated market.
I think that this is what is happening and I think the situations with Wentz and Goff are signs of that market readjustment. I mean, it's only a matter of time because this idea of Market Rate is unsustainable. It can not last. The entire thing, "Market Value" is stupidity, to be honest. The majority of people who use this are completely ignorant of what the term actually means. OMV is actually a term that fluctuates, based on several factors. It doesn't just go up. It goes up or down or sometimes it's flat, based on the product. It's not just supply and demand. As example, Fresh Oysters in the middle of the Desert. I mean, the fact that they are rare is going to drive up the price, of course, and the larger the and Fresher, the more they will cost. But if the Oysters being sold are of lessor quality, they will fetch less and if they are bad, they are worthless. That's the Market. Those same high quality Oysters along the coast somewhere, much cheaper. That's the Market.
When the Market becomes such that it threatens the entire industry, you see a Market Adjustment. I think this is what we are starting to see right now. Agents and the Union, of course, do not want this, they want this to continue to escalate, which is really madness, IMO, because if you are Agents, you have to know that there is a beaking point to all of this and eventually, it will all go bad. If you are the Union, you know that it doesn't matter at all, because the CBA mandates how much is spent with players. There are mins and max that dictate what teams pay out and a certain percentage must be paid out to the players. So the money is the money. It doesn't matter who the players are, they can be any position but the players get paid their money, no matter what so the Union really should not care one way or the other about this.
I believe this is a select few of very powerful agents or agencies, along with media who are creating this entire narrative. But the gig is about up IMO. QBs are just not going to get paid record deals every time an average or above average QB is next up. Truly great players deserve superior contracts because they are different guys. But outside of those special players, it's just bad business. The Owners are resetting this IMO, I agree.
However, fans and lots of talking heads, Market Value is used as another term for perpetual increase in Salaries. They basically use it as a substitute for Inflation. It's kind of crazy really.