Interesting article evaluating recent draft efficiency from Football Outsiders.
Guest columnist Benjamin Ellinger breaks down every draft pick in the past 10 years. Did Cleveland's tanking policy pay off? Which teams had the best results in the draft, and which wasted their picks? And is there anything meaningful in this data, or is there really some skill involved? The...
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NFL Drafting Efficiency, 2010-2019
Guest column by Benjamin Ellinger
Every year, NFL fans look back on the draft and immediately wonder: was it a good draft for my team? Pundits compare who was drafted to the consensus draft boards and are impressed when general managers make the obvious picks. Teams that have lots of high draft picks get excellent grades (unless they deviate too much from the conventional wisdom). The Seattle Seahawks get poor draft grades because nobody understands why they made the picks they did.
To make clear what my biases are: I'm a Seattle Seahawks fan. I would not trade Pete Carroll and John Schneider for Bill Belichick. Russell Wilson is the best quarterback in the NFL. Bobby Wagner is the best linebacker since Ray Lewis. Throwing the ball on the last play of Super Bowl XLIX was the right call. The Beastquake is the greatest run in NFL history. If my life depends on one catch, I'm praying that Doug Baldwin or Steve Largent is the target. So, if I tell you that the Seahawks are better at drafting players than all other teams over the last 10 years, you would be right to be skeptical. The data says I'm right, though.
But how can we really measure, objectively, how good a team is at drafting players? First, we must consider how many draft picks you have and how good those picks are. This is your team's "draft capital." If you have a bunch of high picks, that may be due to a clever GM who is good at making
trades, but they are only good at
drafting if they get more than an average GM does out of those picks. To see how much a team gets out of a draft, we need a measure that gives a value to all players, regardless of position, based on their actual on-field performance (not their potential, not their talent, not their time in the 40-yard dash). We can then compare how much total value a team got out of a particular draft relative to how much we would expect an average team with the same amount of draft capital to get.
So here's the method. First, to calculate draft capital, let's use
Chase Stuart's draft value chart (generally considered superior to the original Jimmy Johnson chart). Each draft pick, from the No. 1 pick down to the last pick of the draft, is given a value based on the average amount of career approximate value (
CarAV) that pick has generated. This is a solid approach, as the entire point of approximate value is to have a cross-position single number to compare any player's value to the team to any other player's value.
However, since we will want to compare drafts from different years to each other, we need to normalize these values so we can compare different years fairly. So each draft position is converted from an expected CarAV into a percentage of the total expected CarAV of the entire draft. We'll use this trick throughout this method, calculating the percentage share of an entire draft class (or multiple classes when aggregating multiple years).
Draft Capital
The following table shows each team's percentage of draft capital in each of the last 10 years, as well as the totals of the last decade and the last five years. In short, the teams at the top of the table
should have found the most talent in these drafts. Values shown in gold are in the top 1%, while those in green are in the top 10%. Those in red are in the bottom 10% and those in grey are in the bottom 1%.