Year: 2025
Type: preprint
Abstract: In the NFL draft, teams must strategically balance immediate player impact against long-term value, presenting a complex optimization challenge for draft capital management. This paper introduces a framework for evaluating the fairness and efficiency of draft pick trades using norm-based loss functions. Draft pick valuations are modelled by the Weibull distribution. Utilizing these valuation techniques, the research identifies key trade-offs between aggressive, immediate-impact strategies and conservative, risk-averse approaches. Ultimately, this framework serves as a valuable analytical tool for assessing NFL draft trade fairness and value distribution, aiding team decision-makers and enriching insights within the sports analytics community.
Source: arXiv (Cornell University)
Author: Grandhisiri, Tanmay
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6967506557
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