What are your thoughts about "PIE?" It's being featured heavily on the site, from player pages to MVP rankings.
It is a simple metric that gives an excellent indication of performance at both the team and player level. It’s a major improvement to our EFF Rating. Notably 2 things changed: (1) We included Personal Fouls, (2) We added a denominator. We feel the key here is the denominator because it acts as an "automatic equalizer". Using the denominator, we find there is no need to consider the "PACE" of the statistics that are being analyzed. In its simplest terms, PIE shows what % of game events did that player or team achieve. The stats being analyzed are your traditional basketball statistics (PTS, REB, AST, TOV, etc..) A team that achieves more than 50% is likely to be a winning team. A player that achieves more than 10% is likely to be better than the average player. A high PIE % is highly correlated to winning. In fact, a team’s PIE rating and a team’s winning percentage correlate at an R square of .908 which indicates a "strong" correlation. We’ve introduced this statistic because we feel it incorporates a bit of defense into the equation. When a team misses a shot, all 5 players on the other team’s PIE rating goes up. The formula for PIE can be found here in the Glossary.
PIE measures a player's overall statistical contribution against the total statistics in games they play in. PIE yields results which are comparable to other advanced statistics (e.g. PER) using a simple formula.(PTS + FGM + FTM - FGA - FTA + DREB + (.5 * OREB) + AST + STL + (.5 * BLK) - PF - TO) / (GmPTS + GmFGM + GmFTM - GmFGA - GmFTA + GmDREB + (.5 * GmOREB) + GmAST + GmSTL + (.5 * GmBLK) - GmPF - GmTO)
Editor's note on player stats: Instead of going with points, assists, rebounds, blocks and steals to measure each MVP candidate's numbers, we are instead going with PIE.
While we do not discredit traditional stats around these parts, PIE is one stat we think helps accurately reflect the overall value of a player.