That doesn't really apply to Räty though, does it? He was extremely highly rated after his draft-2 season. He put up good numbers in the regular season, and great numbers in the playoffs.
Then his draft-1 season happened, and he didn't improve on those numbers at all. He didn't really impress against seniors, which is fine at that age, but he also didn't take that next step for the U20 team.
And then his draft season was largely unimpressive as well, and he failed to get invited back to play in the WJC.
Räty had a meteoric rise through his draft-2 season, and then stagnated for two years. He's not the first player that happens to, and it's usually not a good sign. Sure, he may be the steal of the draft, and good on the Islanders for getting him in the 2nd round if that is the case. That doesn't mean that teams were wrong to question his ability after the past two seasons.
Exactly. It's great that Raty excelled at the Summer Showcase, but as a cautionary tale...
Just after the 2010 draft, a bunch of people were saying Florida got a steal when they took John McFarland 33rd overall. A couple years before, McFarland had been hyped as a potential #1 overall pick after being selected 1st in the OHL entry draft. His 1st OHL season was encouraging, but he didn't develop much after that and only ended up playing 3 NHL games and is now retired from playing.
Among the ten picks immediately after McFarland were:
Alex Petrovic
Justin Faulk
John Merrill
Patrick Nemeth
Devante Smith-Pelly
They may not be All-Stars or even still in the NHL, but each played over 250 NHL games, and all but Petrovic played over 360.
In the past I've been very guilty of looking at the final results of the draft and thinking
Wow, Team X got Player Y who I thought was going a round or two higher. Therefore it must be a steal. I still am if I don't catch myself doing one of the following:
Forgetting that the people who make these decisions know way more than I do, even if they're often wrong.
In Raty's and other cases people have pointed out that the professionals, even though they're often wrong, have way more experience and viewings in these matters than the rest of us, so there is probably something to those kinds of precipitous falls. And those decisions are the result of input from multiple people for each team.
Forgetting the Arithmetic of Large Drops
Suppose a previously highly-hyped player is drafted a round or more so after where he should be even though he really is deserving of that higher draft position
based on info we have now. Say Raty should have been 22-32nd overall for argument's sake, while he fell to 52. Well, in order for that to be true, almost all the scouting departments have to be wrong about the kid. The Oilers who picked 22nd would have to be wrong, but not super wrong. Maybe they honestly thought Raty was the next best player available
after Xavier Bourgault. But if Raty really was the 22nd best player available, the further down the draft you go, the more wrong each subsequent team has to be about him.
Who are you comparing him to?
Finally, since the amount of attention we pay to a draft-eligible player drops so sharply the lower we expect him to go, when a player like Raty drops by as much as he did and we go to examine the final draft results, we find him surrounded by players we've paid way less attention to over the previous year(assuming we've paid them any at all). So I think big fallers mentally jump out at us.
Have you really thought about the other players taken around the big faller?
The final error we tend to make when this happens is that since we don't know the future, we tend to mentally discount the probability that some of those lesser-knowns drafted around the big fallers, will end up being the best player taken in that neighbourhood, and a player taken in the 7th may end up being the best player in the whole draft when all is said and done.
In a decade or two, we may well look back and be able to say with certainty that Raty turned out to be a way better hockey player than the 30 players taken before him. We may also be able to say with certainty that there were 5 players taken in the 30 picks
after Raty who were way better than him.