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Jumping in only to point out these two thought processes (draft value vs. lack of open market value) are not mutually exclusive. A franchise can potentially still get value and productivity for an elite RB in the last 1/4 of the first round (about as early as I would consider drafting one if I...

Running in the NFL is still important, so RBs matter. They are worth drafting late in round 1 (at the earliest) and afterwards. But they are not worth a big second contract or free agent splash. Draft them. Use them. Then let someone else pay them.