Vox put up a great article on the economics of drafting.
How NFL teams ignore basic economics and draft players irrationally.
Was really stuck out at me was section 3, which suggests the real value of the draft (and not just talking head hyperbole) is early in the second round which maximizes performance with respect to salary. Sounds familiar.
How NFL teams ignore basic economics and draft players irrationally.
Was really stuck out at me was section 3, which suggests the real value of the draft (and not just talking head hyperbole) is early in the second round which maximizes performance with respect to salary. Sounds familiar.
[value] peaks around pick 33, the start of the second round — making it the sweet spot in the draft. If you had to make one pick, this is where you'd get the most bang for your buck, because there's a pretty good chance of getting a productive player and he won't command a particularly high salary. But since you can get multiple picks by trading a single high one, maximizing value means moving down into round two (picks 33 through 64).