Quote:
Originally Posted by Enoch Root
Yes, but a player has a finite shelf life, regardless of when the clock starts.
A dollar is worth more today than a year from now because that dollar can grow over that time.
But a player has X number of years. Period. Whether that starts this year, or 3 years from now, the value is the same.
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Not sure I follow your argument. A pick is an asset. An asset that you will hopefully monetize. Net present value tells us the sooner you monetize an asset - all things being equal - the more value it has to you.