Porter Stoutheart
Picking 5th
- Jun 14, 2017
- 15,206
- 14,541
I think just to add to that, I've seen spreadsheets of draft success rates by position, I've even reproduced them here in the past, although I haven't gone looking for the source I used to quote in this post.
But the bottom line is you are going from about 30% to about 20% odds of hitting in the last 10 spots of the 1st round and early 2nd round. So you are talking about a 10% difference in odds. Think about that statistically...
1) say you pick #25, #30, #35...
Odds = 27% + 23% + 20% of getting a player = 70%
2) say you package #25+#35 to move up to #20...
Odds = 33% + 23% = 56%
There are lots of papers and studies of draft pick valuation these days, but I don't think there is any statistical argument which says trading up makes sense. It never makes sense statistically. All you can do is think you are smarter than everybody else and will beat the draft odds by getting a 17-18 year old player who in that part of the draft is probably 4-5 years from being able to play in the NHL, and thinking you are going to get the right guy, develop him right, he's not going to get hurt, all that. Which based on my experience is usually hubris. All you are going to succeed in doing is giving yourself a short-term dopamine hit for "getting your guy". In the long run, however, it is not a sound strategy.
But the bottom line is you are going from about 30% to about 20% odds of hitting in the last 10 spots of the 1st round and early 2nd round. So you are talking about a 10% difference in odds. Think about that statistically...
1) say you pick #25, #30, #35...
Odds = 27% + 23% + 20% of getting a player = 70%
2) say you package #25+#35 to move up to #20...
Odds = 33% + 23% = 56%
There are lots of papers and studies of draft pick valuation these days, but I don't think there is any statistical argument which says trading up makes sense. It never makes sense statistically. All you can do is think you are smarter than everybody else and will beat the draft odds by getting a 17-18 year old player who in that part of the draft is probably 4-5 years from being able to play in the NHL, and thinking you are going to get the right guy, develop him right, he's not going to get hurt, all that. Which based on my experience is usually hubris. All you are going to succeed in doing is giving yourself a short-term dopamine hit for "getting your guy". In the long run, however, it is not a sound strategy.