To answer that question, in this article Dawg Pound Daily uses sabermetric analysis to compare each player’s salary versus their estimated league ranking, using spreadsheet analytics. “Value” is a numerical estimate of how well the player ranks at his position, compared to the expectations for performance by the ranking of his salary. In other words, how much bang per buck are the Cleveland Browns getting for each player?
For example, if your favorite player is, say, the 10th-highest paid guard in the NFL and he is estimated to be the 10th-best guard in the NFL, he is earning is money as expected.