Abstract
This paper proposes a new metric to proxy for the injury incidence faced by NFL teams based on the percentage of salary cap resources that are inactive over the course of a season. This variable significantly predicts team performance. Calculating this measure for individual positions and groups of positions allows me to test for differences in the marginal impact of salary resources across positions. Results indicate that resources dedicated to offense, in particular to offensive linemen and starting quarterbacks, have the highest marginal impact on team performance. This suggests a market inefficiency where these players are relatively underpaid.
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