An analysis was conducted on the National Football League (NFL) quarterback salaries. The valuation is to ascertain the purpose of research, provide a problem definition, and hypothesize salary divergence. Furthermore, the corroboration of Team C may infer the basis of salaries for NFL quarterbacks for the regular season of 2009 in a statistical conclusion in preparation for final presentation in week four.
Purpose of Research The purpose of the research conducted by Team C is to determine the average starting base salary (in dollars) for NFL quarterbacks for the 2009 regular season. Team C’s research is necessary to hypothesize and establish fair starting salaries for rookie quarterbacks for the upcoming drafts in 2011, while adhering to guidelines set forth by the NFL salary cap. This allows team owners to provide an equitable offer based on budget. The NFL uses a salary cap system, to determine what teams are allowed to spend on team rosters each year. NFL players have minimum salaries set by this system and regulations that determine a player’s potential earnings based on number of years of experience, team designation, bonus amount, draft order, and position (Emen, 2012). Quarterbacks have the highest average salaries in the NFL, earning nearly $4 million each year (nflsalaries.org, 2010).
Problem Definition “What is the average starting base salary for a quarterback in the NFL for the 2009 regular season?” Team C will accomplish this by compiling a list of 32 NFL starting quarterbacks from different teams to include their base salaries.
Variables The statistics will be compiled to establish an average of base salaries for 32 starting quarterbacks for 2009. Variables are anything that can take on different or varying values (Sekaran, 2003); therefore Team C will arrange the data of completions vs. in-completions, draft picks, and an overall quarterback rating to determine the effects of their salary.
References: Bonsor, K. (2000). How the NFL Draft Works. Retrieved from: http://entertainment.howstuffworks.com/nfl-draft1.htm Emen, J. (2012). How Much Money Does an NFL Player Make a Year? Retrieved January 28, 2012, from eHow: http://www.ehow.com/facts_4927175_money-does-nfl-player-year.html. ESPN. Explaining the Statistics. Retrieved January 27, 2012, from ESPN: http://espn.go.com/nfl/statistics/team/_/stat/total/year/2009/seasontype/2 NFLSalaries.org. (2010). How Much Do NFL Players and Coaches Earn? Retrieved January 28, 2012, from NFL Salaries: http://nflsalaries.org/. Retrieved January, 25, 2012, from NFL.com: http://www.nfl.com/stats/player USA Today