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Efficiency key to Patriots' success

If there is one word that best describes the Patriots and the way they have built their franchise, it is efficiency.

Updated: August 30, 2005, 11:37 AM ET
By Len Pasquarelli | ESPN.com

In a study being reviewed for possible publication, a pair of economists recently cited the New England Patriots for effective use of the salary cap, for spending money judiciously throughout their roster, for being more resourceful than the competition.

There's no telling how many months Richard Thaler of the University of Chicago and Yale University's B. Cade Massey spent in reaching their conclusions. Whatever the time investment, however, it's a pretty good bet that the economists could ...

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