Comments on: Why People Pay More For Top Players http://www.lastplayerpicked.com/why-people-pay-more-for-top-players/ Fantasy Baseball Dollar Values, Rankings, and Discussion Wed, 23 Jun 2010 22:43:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: rwperu34 http://www.lastplayerpicked.com/why-people-pay-more-for-top-players/#comment-99 rwperu34 Tue, 03 Feb 2009 20:19:28 +0000 http://www.lastplayerpicked.com/?p=359#comment-99 One experiment I tried in my spreadsheet is raising the replacement level. The issue is, you don't end up with the right number of players being over $1. The positive is, it gives you a better idea of how you will actually be replacing those bottom tier players throughout the season. Obviously the premium is going to depend on how high you set the bar. In the sample I did, I raised the replacement level by 2 pts. This created $values right in line with the old way that I allocated the superstar premium. It moved Hanley from $46 to $68, whereas the old style had him at $63. The break even point for players that got the premium in the old style was $40. The breakeven point for players without the premium was $20. This method is suggesting that any player that comes out under $20 should not be paid full price. The $1 line was ~$7.50. If I were to really implement this in my strategy for this year, I would probably set the bar at 1.5 for hitters and 2.5 for pitchers. One experiment I tried in my spreadsheet is raising the replacement level. The issue is, you don’t end up with the right number of players being over $1. The positive is, it gives you a better idea of how you will actually be replacing those bottom tier players throughout the season.

Obviously the premium is going to depend on how high you set the bar. In the sample I did, I raised the replacement level by 2 pts. This created $values right in line with the old way that I allocated the superstar premium. It moved Hanley from $46 to $68, whereas the old style had him at $63. The break even point for players that got the premium in the old style was $40. The breakeven point for players without the premium was $20. This method is suggesting that any player that comes out under $20 should not be paid full price. The $1 line was ~$7.50.

If I were to really implement this in my strategy for this year, I would probably set the bar at 1.5 for hitters and 2.5 for pitchers.

]]> By: Mays http://www.lastplayerpicked.com/why-people-pay-more-for-top-players/#comment-98 Mays Tue, 03 Feb 2009 01:05:33 +0000 http://www.lastplayerpicked.com/?p=359#comment-98 @Mike: I agree, and that's one of the advantages that falls under the "Sleeper Mentality" above. I wrote about that idea more here: http://www.lastplayerpicked.com/does-10-10-10-30-part-ii/ Which still leaves the question: Is there any way to account for this when generating dollar values? @Mike: I agree, and that’s one of the advantages that falls under the “Sleeper Mentality” above. I wrote about that idea more here:

http://www.lastplayerpicked.com/does-10-10-10-30-part-ii/

Which still leaves the question: Is there any way to account for this when generating dollar values?

]]> By: Mike http://www.lastplayerpicked.com/why-people-pay-more-for-top-players/#comment-97 Mike Mon, 02 Feb 2009 18:14:45 +0000 http://www.lastplayerpicked.com/?p=359#comment-97 I plan on overpaying for top players because I expect some free agents and/or $1 pickups to be available as the season progresses. And it makes sense to me to drop a $1 player or a replacement player to pick up, say, a $10 (value) player in May, rather than dropping a $9 purchased player to open up the spot. I plan on overpaying for top players because I expect some free agents and/or $1 pickups to be available as the season progresses. And it makes sense to me to drop a $1 player or a replacement player to pick up, say, a $10 (value) player in May, rather than dropping a $9 purchased player to open up the spot.

]]>