Hey all, I wanted to post some results from a drafting simulation I've been running. The next couple paragraphs will be explanation. You can find the results at the end, followed by some additional comments.
I originally started this project with the hopes of checking various draft strategies from different draft positions. To do this, I needed a way of comparing rosters, which means I needed a way of assigning fantasy points to draft positions. I wrote previously about one of my attempts at this. To make a long story short, it involved doing a linear regression on average fantasy points as a function of ADP (by position) over the past 5 years. Basically, I got an equation (for each of QB, RB, TE and WR) that gives an expected number of fantasy points based on where each player is drafted (by position: 1st RB, 5th WR, that sort of thing). I wanted an additional way of estimating player output, so I also compiled player projections from some different sources and took an average. I did the simulations twice, using both of these point assignment methods.
For the draft simulations, I used a 'default' drafting method by looking at ADP. Basically, every owner would draft the highest remaining player (by ADP) assuming their team still needed that position. Then for each of the draft positions (I used 12 owners), I did a draft simulation using every possible draft strategy and recorded the one that produced the highest fantasy points (by average projection and also my linear regression ADP method) for that draft slot. So what this gives you is the optimal draft strategy by draft position, assuming players score according to their average projection (or my linear ADP method) and all the other owners draft by ADP. Here are the results:
Fantasy Points details: 1 QB, 2 RB, 2 WR, 1 TE, 1 RB/TE/WR flex
6 points per passing TD, -0.5 points per sack, standard scoring otherwise
12 owners, just starters (so 7 rounds)
Key: 0 QB, 1 RB, 2 TE, 3 WR
Using Average Projected Stats
Slot: Picks
1: 1112303
2: 1112303
3: 1113203
4: 1113203
5: 3112301
6: 3112301
7: 1012313
8: 0132311
9: 0112133
10:1032113
11:1123013
12:1123013
Using Historic Points by ADP
1: 1331102
2: 1331201
3: 1313120
4: 1311203
5: 1313021
6: 1133021
7: 1313021
8: 1133201
9: 1113023
10:1133201
11:1133021
12:1133021
Conclusions: I'm certainly not suggesting that if you're drafting 1st overall you go 1112303 (RB, RB, RB, TE, WR, QB, WR), although I don't think that's a terrible draft order. But I do think it's instructive to look at the overall trends. The biggest one that stands out to me is the RBs. Almost every slot has 2 RBs by the 3rd round. This indicates to me that ADP undervalues RB according to both experts' projections and historic point totals. The second is that for most draft slots, the best time to draft your starting QB is in the 5th or 6th round. Accordingly, this indicates that the tier 2 QBs like Stafford, Newton and Vick are being drafted too soon (and this is with 6 points per passing TD). Also, if you buy the experts projections, this actually indicates that it makes sense to take Megatron with the 5th or 6th pick, over Brees or Brady or a second tier RB.
Anyway, there you go. Some questions: did my explanation of the methodology make sense, and do you think this type of analysis is useful? Any improvements / corrections? For people who have done a lot of mock drafts, do these results make sense as good strategies? Other comments are obviously welcome.
I originally started this project with the hopes of checking various draft strategies from different draft positions. To do this, I needed a way of comparing rosters, which means I needed a way of assigning fantasy points to draft positions. I wrote previously about one of my attempts at this. To make a long story short, it involved doing a linear regression on average fantasy points as a function of ADP (by position) over the past 5 years. Basically, I got an equation (for each of QB, RB, TE and WR) that gives an expected number of fantasy points based on where each player is drafted (by position: 1st RB, 5th WR, that sort of thing). I wanted an additional way of estimating player output, so I also compiled player projections from some different sources and took an average. I did the simulations twice, using both of these point assignment methods.
For the draft simulations, I used a 'default' drafting method by looking at ADP. Basically, every owner would draft the highest remaining player (by ADP) assuming their team still needed that position. Then for each of the draft positions (I used 12 owners), I did a draft simulation using every possible draft strategy and recorded the one that produced the highest fantasy points (by average projection and also my linear regression ADP method) for that draft slot. So what this gives you is the optimal draft strategy by draft position, assuming players score according to their average projection (or my linear ADP method) and all the other owners draft by ADP. Here are the results:
Fantasy Points details: 1 QB, 2 RB, 2 WR, 1 TE, 1 RB/TE/WR flex
6 points per passing TD, -0.5 points per sack, standard scoring otherwise
12 owners, just starters (so 7 rounds)
Key: 0 QB, 1 RB, 2 TE, 3 WR
Using Average Projected Stats
Slot: Picks
1: 1112303
2: 1112303
3: 1113203
4: 1113203
5: 3112301
6: 3112301
7: 1012313
8: 0132311
9: 0112133
10:1032113
11:1123013
12:1123013
Using Historic Points by ADP
1: 1331102
2: 1331201
3: 1313120
4: 1311203
5: 1313021
6: 1133021
7: 1313021
8: 1133201
9: 1113023
10:1133201
11:1133021
12:1133021
Conclusions: I'm certainly not suggesting that if you're drafting 1st overall you go 1112303 (RB, RB, RB, TE, WR, QB, WR), although I don't think that's a terrible draft order. But I do think it's instructive to look at the overall trends. The biggest one that stands out to me is the RBs. Almost every slot has 2 RBs by the 3rd round. This indicates to me that ADP undervalues RB according to both experts' projections and historic point totals. The second is that for most draft slots, the best time to draft your starting QB is in the 5th or 6th round. Accordingly, this indicates that the tier 2 QBs like Stafford, Newton and Vick are being drafted too soon (and this is with 6 points per passing TD). Also, if you buy the experts projections, this actually indicates that it makes sense to take Megatron with the 5th or 6th pick, over Brees or Brady or a second tier RB.
Anyway, there you go. Some questions: did my explanation of the methodology make sense, and do you think this type of analysis is useful? Any improvements / corrections? For people who have done a lot of mock drafts, do these results make sense as good strategies? Other comments are obviously welcome.