I found this on another forum, and thought I should share it with this board. It goes to show how valuable a 1st round pick really is:
Quote:
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Late last month, Jason Gregor looked back at the NHL draft from 1996 to 2005, in an attempt to put a value on NHL draft picks. Gregor’s far from the first to do so; after the jump I’ll look at his work and that of others to see what we can say about the NHL Draft.
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Summary:
- A first round selection is far more valuable than any other selection – a player taken in that range has a slightly better than 60% chance of turning out to be a “decent” or better player; nearly three times the rate of the second round.
- Second and third round picks are a cut above the rest of the draft, although the chances of landing a “decent” or better player are quite low: a little better than 1 in 5 for the second round, and slightly better than 1 in 7 for the third round.
- There’s little difference between picks made from the fourth to ninth rounds of the draft; over those rounds players are roughly half as likely to develop into a “decent” or better player as a third round pick.
Full article:
http://canucksarmy.com/2011/3/10/the...nhl-draft-pick