Re: Trade Value
Posted: Mon Jul 31, 2017 10:02 pm
How did you calculate your talent metric if you don't mind my asking?
Analysis of basketball through objective evidence
http://www.apbr.org/metrics/
Don't mind at all. It's actually very basic. I did a 50/50 blend of WS and BPM, since that was the easiest to grab from Basketball Reference. Then, I used the past 3 years of data, weighted by minutes and recency, to get a rate for this coming season. Something like 6/3/1, IIRC. Outside of the obvious limitations of WS/BPM, it provides me a really quick baseline.aaronmarg wrote:How did you calculate your talent metric if you don't mind my asking?
In theory, yes, but it doesn't really work for the NBA. I mention an example a bit earlier in the thread, but Jae Crowder is the poster child for this. He's probably on the best contract in the league, but that doesn't mean the Pelicans would take him straight up for AD.nbacouchside wrote:Wouldn't the simplest way to calculate trade value be (estimated surplus value over contract per year) * (years remaining on contract)?
That's a fair rejoinder, but you could probably take that simple equation and give an extra credit for elite players. Essentially adjusting the surplus value piece of it to account for the scarcity and extra value provided by the elite of the elite.JoshEngleman wrote:In theory, yes, but it doesn't really work for the NBA. I mention an example a bit earlier in the thread, but Jae Crowder is the poster child for this. He's probably on the best contract in the league, but that doesn't mean the Pelicans would take him straight up for AD.nbacouchside wrote:Wouldn't the simplest way to calculate trade value be (estimated surplus value over contract per year) * (years remaining on contract)?
How to do this properly is a very interesting question. It seems like some sort of balance between Value over Replacement Player and Value over Average player, where the latter is more important for the good teams. In other words--2 3-VORP players are not equal to 1 6-VORP player in actual value.nbacouchside wrote:That's a fair rejoinder, but you could probably take that simple equation and give an extra credit for elite players. Essentially adjusting the surplus value piece of it to account for the scarcity and extra value provided by the elite of the elite.JoshEngleman wrote:In theory, yes, but it doesn't really work for the NBA. I mention an example a bit earlier in the thread, but Jae Crowder is the poster child for this. He's probably on the best contract in the league, but that doesn't mean the Pelicans would take him straight up for AD.nbacouchside wrote:Wouldn't the simplest way to calculate trade value be (estimated surplus value over contract per year) * (years remaining on contract)?
Only with an assumption that teams can easily add more wins by spending the difference in their contracts [which is not true]...JoshEngleman wrote:For example, Jae Crowder is expected to produce 17.9 wins over the next 3 seasons, while making a total of $21.9m. Amazing deal. It would produce a surplus of $34.3m over that time period. Anthony Davis, on the other hand, will produce 34.8 wins over the next 4 seasons, while making a total of $105.1m. This is a total of $6.6m in surplus value. In a vacuum, you would rather have Crowder than AD.
IMO the answer to this question lies in the rules of salary cap.JoshEngleman wrote:If you had Jae Crowder at the minimum for the next 3 years, how much closer are we to a straight trade for Anthony Davis?
That's because he's worse on the court and savings are not the main goal when teams can have very different payrolls.JoshEngleman wrote:In theory, yes, but it doesn't really work for the NBA. I mention an example a bit earlier in the thread, but Jae Crowder is the poster child for this. He's probably on the best contract in the league, but that doesn't mean the Pelicans would take him straight up for AD.
IMO the algorithm could look like this:JoshEngleman wrote:I guess I should have been more specific in my original post, but I like a lot of the replies here. My original thought was more along the lines of Bill Simmons' old trade value columns. Boiling the combination of age, talent and contract down into one ranking.[...]
So, what is the next step? How can we best evaluate the components of a trade?