I was planning to do a follow-up article on DERPP next, but the discussion after that first article led to some very interesting ideas about how else we could evaluate return on investment (ROI) from teams’ draft picks.
So I have chosen to use Approximate Value (AV), a metric developed by pro-football-reference.com, to assign every player’s value to his team every year. Because of this, they have been able to figure out the average career value for players drafted at every spot in the draft.
The method I will use will normalize high draft picks (since you SHOULD get good performance out of them) and low draft picks (since very little is expected from them).