Here’s where I yet again say that delaying a pick decreases the value and at least two people tell me that’s not true.
Oh I can believe there's interest in both. The Flyers are far from the only NHL team that values what they bring. Will Briere be able to maximize that value? Or will he just stroke himself while on the phone with other GMs, thinking about how valuable his assets are until time runs out?lol... there is no market for Risto..
Depends on the team.Here’s where I yet again say that delaying a pick decreases the value and at least two people tell me that’s not true.
Depends on the team.
Basically it comes down to the discount rate of the GM, because unless a draft is clearly better or worse the value of the pick should be the same. You can't "invest" a draft pick.
However, if an owner wants to win now, a GM will value a pick this season over one in the future, b/c he may not be around when that future pick makes it to the NHL.
On the other hand, if a team is rebuilding, then a GM may have a low discount rate b/c if he's accumulating drafts picks to be used over a 3-4 year period, then exactly when a pick arrives is less important.
So rebuilding GMs should arbitrage and trade picks/players today with GMs feeling the heat for more valuable picks a year or two down the road.
Yes. Basic finance/economics.
Yes. Basic finance/economics.
Which is why you see rebuilding teams accept future picks in trades all the time.
And why teams that want to win now overpay at the TDL (they're valuing assets at their perceived marginal value for this season's PO run).
Those "rule of thumb" values for present v future picks are based on past trades.
There are only so many sellers willing to defer value, and so many high discount GMs with future picks to offer and players they desire. Supply and demand.
So the actual payment for delayed gratification may vary year to year.
You're channeling Kurt Russell.
Obviously lol. You really want to...nevermind.You're channeling Kurt Russell.