zoyathedestroya wrote:
?s=20&t=zKXu9uXTwb1DbmcfGsuzYg
Definitely cleaner, mechanically speaking.
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zoyathedestroya wrote:
The Comedian wrote:zoyathedestroya wrote:
?s=20&t=zKXu9uXTwb1DbmcfGsuzYg
Definitely cleaner, mechanically speaking.

Smart2Nesmith43 wrote:https://www.theringer.com/nba/2022/10/12/23399637/nba-draft-swap-picks
Food for thought for the "I can't believe Stevens traded a pick swap in 2027 for Derrick White of all people" crowd. Basically pick swaps are way overrated and there's probably a market inefficency in term of their real value vs their perceived value.
Most pick swaps don't even convey and there's really only a couple instances ever where the pick swap provided substantial value:
Celtics swapping no.27 for no.1 in 2017
Sonics swapping no.18 for no.5 in 1987 (who immediately fumbled it by trading the resulting pick aka Scottie Pippen away)
Bulls swapping no.23 for no.9 in 2007
In the Kings-76ers swap in 2017, Philadelphia merely jumped from no. 5 to no. 3. As that chart shows, the difference in expected value between picks 3 and 5 is about equivalent in value to the no. 30 pick, and nobody should get too excited about what is essentially adding a late first-rounder.
One lead analyst compares swaps to the draft lottery itself—any individual tanking team probably won’t land the no. 1 pick, but it can still dream of that outcome. If a team adds a bunch of swap options—like the Rockets did in one big trade, or the Jazz did in separate transactions—then it increases the odds that at least one of them will hit big, like the Celtics did in 2017.
djFan71 wrote:Smart2Nesmith43 wrote:https://www.theringer.com/nba/2022/10/12/23399637/nba-draft-swap-picks
Food for thought for the "I can't believe Stevens traded a pick swap in 2027 for Derrick White of all people" crowd. Basically pick swaps are way overrated and there's probably a market inefficency in term of their real value vs their perceived value.
Most pick swaps don't even convey and there's really only a couple instances ever where the pick swap provided substantial value:
Celtics swapping no.27 for no.1 in 2017
Sonics swapping no.18 for no.5 in 1987 (who immediately fumbled it by trading the resulting pick aka Scottie Pippen away)
Bulls swapping no.23 for no.9 in 2007
Interesting article. The amount of times it conveys part is good, and the overall point stands.
But the rating pick values is always suspect. They just don't scale like that. And he uses his estimated pick values to then determine the value of swaps overall. The table where he lays out what needs to be added to move up what the swap was is crazy:
#27 => #1. Says adding a #2 would get you there. But you don't get #1 for #2 & #27 in most/any drafts.
#18 => #5. Add #16? 16 & 18 never get you 5.
#23 => #9. Add 19? Again, 23 & 19 don't get you #9.
Etc, etc
If that table were true, Brad/Danny should have moved up a LOT in the last 10 years.

Smart2Nesmith43 wrote:djFan71 wrote:Smart2Nesmith43 wrote:https://www.theringer.com/nba/2022/10/12/23399637/nba-draft-swap-picks
Food for thought for the "I can't believe Stevens traded a pick swap in 2027 for Derrick White of all people" crowd. Basically pick swaps are way overrated and there's probably a market inefficency in term of their real value vs their perceived value.
Most pick swaps don't even convey and there's really only a couple instances ever where the pick swap provided substantial value:
Celtics swapping no.27 for no.1 in 2017
Sonics swapping no.18 for no.5 in 1987 (who immediately fumbled it by trading the resulting pick aka Scottie Pippen away)
Bulls swapping no.23 for no.9 in 2007
Interesting article. The amount of times it conveys part is good, and the overall point stands.
But the rating pick values is always suspect. They just don't scale like that. And he uses his estimated pick values to then determine the value of swaps overall. The table where he lays out what needs to be added to move up what the swap was is crazy:
#27 => #1. Says adding a #2 would get you there. But you don't get #1 for #2 & #27 in most/any drafts.
#18 => #5. Add #16? 16 & 18 never get you 5.
#23 => #9. Add 19? Again, 23 & 19 don't get you #9.
Etc, etc
If that table were true, Brad/Danny should have moved up a LOT in the last 10 years.
The author is just talking about the expected value (EV) of picks so how many wins you can expect on average from a pick at that slot. Taking the Celtics/Nets exemple he is saying that the number of wins produced by your typical #2 + your typical #27 pick = number of wins produced by the #1.
That doesn't mean you should trade #1 for #2 and #27 because in the NBA it's much better to have a 10 win player and a 0 win player than two 5 wins player. There are also a lot of other reasons that cause teams to have to pay a big premium to move up in the draft especially towards the top. Teams really don't want to give up those picks. Owners want to pick at the top to have a potential star to market to fans after a tough year so they can sell season tickets. GMs would rather stay put and pick BPA than trade down and get another pick down the road (it's better for their job security because it's easier to explain that it's not your fault that the guy everybody tought was going to be a star busted than to move down four spots see a future star go before your new lower pick and be questioned until the end of time as to why you didn't stay put and just pick the guy that ended up working out)...
So yeah even if in theory the total value 2 + 27 might equal 1, in practice it's really not and you would never be able to move up from 2 to 1 with just the 27th pick. Ironically the 27th pick had a great run in the mid 2010s with Gobert, Bogdan Bogdanovic, Nance, Siakam, Kuzma and Timelord in consecutive drafts.

Smart2Nesmith43 wrote:
djFan71 wrote:My main quibble is I think people UNDER-estimate the values of swaps, tbh. If you trade an unprotected swap (or top 1), you have a non-zero chance of giving up a top 4 pick. Period. And if that happens, the fact that you get a lesser pick back in exchange doesn't really soften the blow that much. Obviously, a very long shot it happens, but as much as I like White, there should be NO shot you lose a top 4 pick when acquiring him.
People correctly value normal unprotected picks very highly. But it's no different trading an unprotected pick (non-swap variety) vs trading an unprotected swap for your chances of losing a top 4 pick. Sure, you get a consolation prize in the swap scenario, but you still lose the prize jewel of draft assets.

BK_2020 wrote:djFan71 wrote:My main quibble is I think people UNDER-estimate the values of swaps, tbh. If you trade an unprotected swap (or top 1), you have a non-zero chance of giving up a top 4 pick. Period. And if that happens, the fact that you get a lesser pick back in exchange doesn't really soften the blow that much. Obviously, a very long shot it happens, but as much as I like White, there should be NO shot you lose a top 4 pick when acquiring him.
People correctly value normal unprotected picks very highly. But it's no different trading an unprotected pick (non-swap variety) vs trading an unprotected swap for your chances of losing a top 4 pick. Sure, you get a consolation prize in the swap scenario, but you still lose the prize jewel of draft assets.
Anytime you drive, you have a non-zero chance of dying, period. Anytime you eat at a restaurant, you have a non-zero chance of getting salmonella and dying. Anytime you go to a concert, you have a non-zero chance of dying in a stampede caused by a fire. These are much worse outcomes than an NBA team losing a top 4 pick. So do you never drive, or go outside, period? Obviously, as much as you like to eat at a restaurant, there should be NO shot you DIE?
You evaluate risks and make decisions accordingly. A future pick swap's value is evaluated as the return x probability of return (not exactly but this captures the gist). It is not valued at the highest possible return x 1.
djFan71 wrote:BK_2020 wrote:djFan71 wrote:My main quibble is I think people UNDER-estimate the values of swaps, tbh. If you trade an unprotected swap (or top 1), you have a non-zero chance of giving up a top 4 pick. Period. And if that happens, the fact that you get a lesser pick back in exchange doesn't really soften the blow that much. Obviously, a very long shot it happens, but as much as I like White, there should be NO shot you lose a top 4 pick when acquiring him.
People correctly value normal unprotected picks very highly. But it's no different trading an unprotected pick (non-swap variety) vs trading an unprotected swap for your chances of losing a top 4 pick. Sure, you get a consolation prize in the swap scenario, but you still lose the prize jewel of draft assets.
Anytime you drive, you have a non-zero chance of dying, period. Anytime you eat at a restaurant, you have a non-zero chance of getting salmonella and dying. Anytime you go to a concert, you have a non-zero chance of dying in a stampede caused by a fire. These are much worse outcomes than an NBA team losing a top 4 pick. So do you never drive, or go outside, period? Obviously, as much as you like to eat at a restaurant, there should be NO shot you DIE?
You evaluate risks and make decisions accordingly. A future pick swap's value is evaluated as the return x probability of return (not exactly but this captures the gist). It is not valued at the highest possible return x 1.
Those non zeros are obviously nowhere near the scale of the non zero chance of giving up a top 4 pick, but I get the argument. And I’m not saying you never trade a swap. White is borderline to me, he’s our 7th man, but a really freakin good 7th man. I would have erred on not trading without top 4, Brad was ok with top 1. Shrug.

BK_2020 wrote:djFan71 wrote:BK_2020 wrote:Anytime you drive, you have a non-zero chance of dying, period. Anytime you eat at a restaurant, you have a non-zero chance of getting salmonella and dying. Anytime you go to a concert, you have a non-zero chance of dying in a stampede caused by a fire. These are much worse outcomes than an NBA team losing a top 4 pick. So do you never drive, or go outside, period? Obviously, as much as you like to eat at a restaurant, there should be NO shot you DIE?
You evaluate risks and make decisions accordingly. A future pick swap's value is evaluated as the return x probability of return (not exactly but this captures the gist). It is not valued at the highest possible return x 1.
Those non zeros are obviously nowhere near the scale of the non zero chance of giving up a top 4 pick, but I get the argument. And I’m not saying you never trade a swap. White is borderline to me, he’s our 7th man, but a really freakin good 7th man. I would have erred on not trading without top 4, Brad was ok with top 1. Shrug.
It's not just White in a vacuum though. His contract is fantastic and gives us three more of his prime years at a discount, plus he fits our offense and defense like a glove. I think it was a fantastic trade.
djFan71 wrote:Smart2Nesmith43 wrote:djFan71 wrote:Interesting article. The amount of times it conveys part is good, and the overall point stands.
But the rating pick values is always suspect. They just don't scale like that. And he uses his estimated pick values to then determine the value of swaps overall. The table where he lays out what needs to be added to move up what the swap was is crazy:
#27 => #1. Says adding a #2 would get you there. But you don't get #1 for #2 & #27 in most/any drafts.
#18 => #5. Add #16? 16 & 18 never get you 5.
#23 => #9. Add 19? Again, 23 & 19 don't get you #9.
Etc, etc
If that table were true, Brad/Danny should have moved up a LOT in the last 10 years.
The author is just talking about the expected value (EV) of picks so how many wins you can expect on average from a pick at that slot. Taking the Celtics/Nets exemple he is saying that the number of wins produced by your typical #2 + your typical #27 pick = number of wins produced by the #1.
That doesn't mean you should trade #1 for #2 and #27 because in the NBA it's much better to have a 10 win player and a 0 win player than two 5 wins player. There are also a lot of other reasons that cause teams to have to pay a big premium to move up in the draft especially towards the top. Teams really don't want to give up those picks. Owners want to pick at the top to have a potential star to market to fans after a tough year so they can sell season tickets. GMs would rather stay put and pick BPA than trade down and get another pick down the road (it's better for their job security because it's easier to explain that it's not your fault that the guy everybody tought was going to be a star busted than to move down four spots see a future star go before your new lower pick and be questioned until the end of time as to why you didn't stay put and just pick the guy that ended up working out)...
So yeah even if in theory the total value 2 + 27 might equal 1, in practice it's really not and you would never be able to move up from 2 to 1 with just the 27th pick. Ironically the 27th pick had a great run in the mid 2010s with Gobert, Bogdan Bogdanovic, Nance, Siakam, Kuzma and Timelord in consecutive drafts.
Yep, we're on the same page with all that. To me, it just kinda degrades a little at each step. No player eval stat is perfect. Then relating that to average of that stat per pick position, then relating that to trade up value, then relating the result of all that to the value of a pick swap. To say pick swaps are worth an early 2nd after all that just piles up way too much error along the way.
And, more importantly, doesn't account for the fact that adding ANY shot for a small market team to have a chance of drafting a star to compete with is really all that matters. Those chances are few & far between, so adding any shot regardless of the odds of it paying off is more valuable than the odds would say. No matter how dumb that sounds as I type it, lol.
I'm not even really against the White trade. He's a really good player and I'm glad we have him. I would have been happier at top 4 protection (to prevent the super-unlucky play-in ouster lotto jump) and personally would have walked away if Spurs didn't budge off top 1.
My main quibble is I think people UNDER-estimate the values of swaps, tbh. If you trade an unprotected swap (or top 1), you have a non-zero chance of giving up a top 4 pick. Period. And if that happens, the fact that you get a lesser pick back in exchange doesn't really soften the blow that much. Obviously, a very long shot it happens, but as much as I like White, there should be NO shot you lose a top 4 pick when acquiring him.
People correctly value normal unprotected picks very highly. But it's no different trading an unprotected pick (non-swap variety) vs trading an unprotected swap for your chances of losing a top 4 pick. Sure, you get a consolation prize in the swap scenario, but you still lose the prize jewel of draft assets.