04-27-2018, 05:35 AM
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Patriots use a different Draft Value Chart
https://www.patspulpit.com/2018/4/21...hart-rich-hill
Quote:
“I’d say [the draft chart] has been modified now to a certain degree because of the ability to trade compensatory picks,” Belichick said. “In the past those picks really, I wouldn’t say don’t have any value, but they didn’t have much value because you couldn’t do anything with them other than pick a player at that spot. Now that those picks are tradeable, that changes things a little bit because they are capital to move up, move back, or you could move into those spots or trade them for other players...I’d say the draft chart has been modified a little bit based on the change in that.”
There’s an entire round’s worth of picks that are compensatory every year and so the rule change greatly increased the liquidity of the draft pick trading market. Previously, teams would have to sit and wait through a dozen compensatory picks at the end of the fifth round before being able to pounce at the top of the sixth round. Now teams don’t have to wait and that’s smoothed out the trade value of all the picks.
A limitation of draft value charts, Belichick adds, is that there isn’t a single chart that everyone uses. When there is a divergence in pick value among teams- if two parties value a pick differently- then they are less likely to strike a deal. Belichick does note that the divergence has disappeared in “the majority of the trades” in recent years.
Well, last year we tried to fix that limitation by creating a draft value chart that maps to how teams actually value picks. For the record, this answers an entirely different question than how teams should value picks- Chase Stuart has already answered that question and shows how team overvalue early picks and undervalue late picks. We’re simply showing what teams are actually spending on draft picks.
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