Pony Up

Dominic Lawson
4 min readAug 14, 2019
(Source: CBS Sports)

When people consider investing in a business, there is one key indicator that they are looking for that helps make the decision — market value. They want to see if you are viable in your industry in the way of production and they want to see if there is room to continue pace or even grow. So when it comes to Dak Prescott wanting more money I have to agree with him and his agent. I get that it's a lot of money but we value sports in this country and he should get his check at market value.

One time when I was 19, my car was sounding funny when I drove it, so my mom had this mechanic friend that she called for help. He came over, gave it a once over, tighten a screw, and told me to start the car. When I started the car, it sounded as if there was nothing ever wrong with it? The entire process took him about ninety seconds. Then he said to me “that will be $300.” So I’m sitting there thinking to myself “I could have done that had I known”(emphasis on had I known). I learned the valuable business lesson that some people have a skill, that is highly valued, that not everyone can do. So when I think about the people that say Dak Prescott shouldn’t get $40 million a year, to me they are the 19-year-old non-mechanic and Dak Prescott is the mechanic.

There are only 32 to QB1 spots in the National Football League. Remember this is a passing league which makes this arguably the most critical and difficult job to have. So, just like an orthopedic surgeon is the highest-paid in the medical field(Kaplan) the quarterback is the highest-paid position in the league based on need and value. Now I know what you are thinking. Tom Brady, Aaron Rodgers, and Drew Brees have never made that much and are first ballot hall of famers. That is very true. However, they had the misfortune of being born before 1990. That’s because since the uncapped year of 2010 the NFL salary cap has grown each year. This season it’s at its highest ever at $188.2 million dollars. Spoiler Alert: in 2020 in will go up again to a cool $200 million.

In those ten years, there were a few QB’s that got major deals that people were upset about as well.

(Source: CBS Sports)

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Dominic Lawson

Serial Entrepreneur and host of The Startup Life Podcast