Quote:
Originally Posted by Jiri Hrdina
I shared this idea earlier tonight with the commissioners but I'll share it here as well.
One of my concerns with the hybrid is the more picks we get through during the "slow draft" the more it will demotivate people from attending the live draft to finish things. So what that leads to, potentially, is GMs dumping picks for low value. Which creates an unfair advantage for teams acquiring picks for less value.
So what if we introduced a cash-out option.
We set a base value for pick worth, by round, and a GM can choose to "cash in" a pick. Instead of trading the pick to a GM, the league pays the GM for the pick, which is then skipped in the draft.
For instance:
We set a price for draft picks. GMs can have the option of "cashing in" any draft pick and the league adds cap to them. The pick is just skipped. If a team can get a better deal by trading the picks for cap - they can make the trade but it has to be at last more than the set amounts. Teams could "Cash in" a pick at any point including ahead of and during the draft. If a GM is in the 4th round, and doesn't like what's left - they can choose to take the 500K instead.
E.g.
1st round picks: 2.5M
2nd round picks: 1.5M
3rd round picks: 750K
4th round picks: 500K
A GM can still trade a pick for either other assets, or for cap, as long as it exceeds those base values (say by at least 100K or 10%).
Why I think this works?
- Puts the decision in the hands of the GM. Is the cap more valuable to them or the pick?
- Sets a basement value for picks that functions as downside protection
- injects cash into the league which can help with trading
- Provides some incentive for teams that do choose to draft, as all picks would move up, as picks are "cashed in".
- Assuming less picks are made, it would also make the supplemental draft that follows, for weaker teams, more valuable.
Thoughts?
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I like the idea and think the value is correct on the picks.
I also think most GMs will choose to keep 1sts, hyrbid draft even at its slowest is in the 2nd round now.
I would also like to add that an owner who does not pick within the 2–3-hour window (whatever time limit we decide) automatically gets the cap for the pick but is allowed 1 extension if they can communicate to the league, they are busy.
Example, simmer posted on discord he was busy at work and wouldn't pick until late morning. That kind of heads up makes it less frustrating for people waiting.
MJK is up, on a boat no cell. Heads up to the league he can't pick.