wall_glizzy wrote:Obviously being omniscient drafters would be cool (although I'm not sure why we're discussing it),
It goes towards the theory of "always trade down" (mostly). Inasmuch as lottery picks have an inflated value in the minds of fans and teams relative to their actual production, in a competitive environment with limited resources any market efficiency ought to be exploited.
If you can get equivalent production by trading down as you would from higher in the selection process, and pick up something of value as well, then you might as well do so. This can be by trading for a productive player while trading down, or trading for multiple picks, OR trading for a pick this year and future picks. (Teams tend to undervalue future picks even as they overvalue current year lottery picks. Another market inefficiency).
With multiple picks you get extra darts to lob at the target. More chances to hit on a winner. Yes you are betting on your analytics department and scouting, but even if you are betting on Luck, this gives you more chances to get lucky, albeit in a smaller pool of candidates. Sometimes however that smaller pool of candidates is a benefit as it makes the choices more clear. The athletic supertalents with questionable work ethic or character may have been selected to become someone else's developmental headache. You are left selecting from workhorse players or upperclassmen with proven statistics if less eye popping anthropometrics, or overseas talents who are less well known by their NCAA and AAU highlights, but who have better fundamentals since they have been in basketball academies and playing with pros since they were kids.
You can look at the research done by Kevin Pelton or Jacob Goldstein to see the relative value of draft picks compared with their production and weigh the value of taking any two picks compared to the higher pick, to see if you can fleece your trade partner in an unbalanced swap if they have their sights set on a guy at your spot.
http://nbasense.com/draft-pick-trade-value/compare-chartsIt may not be omniscience, but if you hit on the next Giannis or Kawhi with an extra pick, then getting lucky may be indistinguishable from omniscience in retrospect.
Though in the short term it is risky, inasmuch as owners are fans as well, and are swayed by popular opinion. If you trade off of a guy who looks flashy you may risk a few BOOOOO's on draft night. Or maybe lesser ticket sales. Still there is less pressure to play the guy who has the later draft number. If he can earn a spot on his own merit then he's golden. You get more of a gladiator school mindset and less of the golden boy mentality.
The primary issue drawback of course is having limited roster spots. There's not room on any team for 4 rookies every year. However, if you are trading for future draft picks, those draft picks are useful trade sweeteners for proven players, even that disgruntled superstar who wants a change of venue. See: Anthony Davis and the pick haul netted in his swap.
It's a thought experiment to imagine an infallible scouting department, but it serves a useful point to de-fetishize the value of those high picks in the minds of those who care about the team and look for opportunities to get better that go against conventional wisdom.