Evaluating NFL Player Performance and Draft Efficiency: Where is the Best Value in the NFL Draft?
This paper uses empirical analysis to value of each section of the NFL Draft relative to the others in order to establish which NFL draft picks are undervalued. We crafted a new performance metric that uses the size of a given draftee’s second contract relative to his peers to evaluate his performan...
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ndltd-CLAREMONT-oai-scholarship.claremont.edu-cmc_theses-28772018-01-11T03:24:49Z Evaluating NFL Player Performance and Draft Efficiency: Where is the Best Value in the NFL Draft? Lee, Justin This paper uses empirical analysis to value of each section of the NFL Draft relative to the others in order to establish which NFL draft picks are undervalued. We crafted a new performance metric that uses the size of a given draftee’s second contract relative to his peers to evaluate his performance over the course of his previous contract. Using two OLS regressions, we predict the level of performance, given by our metric score, for each section of the draft. We then use the residuals from these regressions to investigate which sections of the draft are undervalued. The results show that mid-3rd round picks and late 5th round picks are the best value per dollar in the draft. 2018-01-01T08:00:00Z text application/pdf http://scholarship.claremont.edu/cmc_theses/1740 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=2877&context=cmc_theses © 2017 Justin J Lee default CMC Senior Theses Scholarship @ Claremont NFL NFL Draft Draft Sports Economics Football Other Economics Sports Studies |
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NFL NFL Draft Draft Sports Economics Football Other Economics Sports Studies Lee, Justin Evaluating NFL Player Performance and Draft Efficiency: Where is the Best Value in the NFL Draft? |
description |
This paper uses empirical analysis to value of each section of the NFL Draft relative to the others in order to establish which NFL draft picks are undervalued. We crafted a new performance metric that uses the size of a given draftee’s second contract relative to his peers to evaluate his performance over the course of his previous contract. Using two OLS regressions, we predict the level of performance, given by our metric score, for each section of the draft. We then use the residuals from these regressions to investigate which sections of the draft are undervalued. The results show that mid-3rd round picks and late 5th round picks are the best value per dollar in the draft. |
author |
Lee, Justin |
author_facet |
Lee, Justin |
author_sort |
Lee, Justin |
title |
Evaluating NFL Player Performance and Draft Efficiency: Where is the Best Value in the NFL Draft? |
title_short |
Evaluating NFL Player Performance and Draft Efficiency: Where is the Best Value in the NFL Draft? |
title_full |
Evaluating NFL Player Performance and Draft Efficiency: Where is the Best Value in the NFL Draft? |
title_fullStr |
Evaluating NFL Player Performance and Draft Efficiency: Where is the Best Value in the NFL Draft? |
title_full_unstemmed |
Evaluating NFL Player Performance and Draft Efficiency: Where is the Best Value in the NFL Draft? |
title_sort |
evaluating nfl player performance and draft efficiency: where is the best value in the nfl draft? |
publisher |
Scholarship @ Claremont |
publishDate |
2018 |
url |
http://scholarship.claremont.edu/cmc_theses/1740 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=2877&context=cmc_theses |
work_keys_str_mv |
AT leejustin evaluatingnflplayerperformanceanddraftefficiencywhereisthebestvalueinthenfldraft |
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1718603828170850304 |