Choosing the BPA is not, and never will be, the way to go.
I will invent a new term: BIPA (Best IMPACT Player Available). There, my friends, lies the path to success.
Lets examine some analogies:
Scenario #1 >>> You buy a house and you have $100 to renovate. It just so happens that Home Depot is having an unbelievable $100 "special" on windows this month (normally selling for $500), and everything else is at "regular prices". Now, this is a once-a-year opportunity to get a whopping 80% discount on some windows! Great!.....Well not so great. Seems as though your windows are in good shape, but you have holes in your roof. Well, in this case you spend your $100 on roof repairs so the rain stops pouring through and destroying your furniture. Not the "Best Deal Available", but it will make the "Best Impact" on your house. You have made the right choice.
Scenario #2 >>> You own a firm that attends a job fair once per year, and can only afford to hire 1 person. You meet a Harvard-educated accountant that will come on board for "cheap" because he loves the weather in Florida. Fantastic value, the BEST value. Problem is, your accounting needs are really basic, and you already have a person doing the job well. What you really need is a painter since your firm renovates apartments and your only painter keeps using the wrong colour. Upset customers are threatening to sue you. You hire the new painter because his addition will make the biggest IMPACT on your business.
NFL Scenario >>> You pick at #8. Hmmmmm....BPA is clearly a Left Tackle, all agreed. Problem is, you have Jake Long entrenched in that position, and he is great. Taking the LT will not significantly upgrade your TEAM. However, if there is a talented QB (HUGELY important position) there, and your current QB is one of the worst in the league, then you take the QB. Period. Team instantly UPGRADED because you took, not the BPA, but because you took the BIPA.
Re:
Scenario 1) If the windows were truly worth $500 I'd borrow or beg until I made darn sure I had enough $100 allotments to be resold at tidy profit as soon as the weird short term Home Depot sale ended. If I had to gamble on no rain, or apply a temporary homemade fix to the roof in the meantime, so be it. The family will be smiling when those $100 investments fetch many times what we paid.
Scenario 2) You lost me here, unless I missed something. You indicated there was room for one net new hire. Fire the color blind existing painter, replace him with the competent painter, and you still have room for the Harvard bargain.
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Toward the quarterback, who says he is talented enough to warrant that 8th spot, and when did they say it? That's the aspect that irks me, failure to recognize that tape study is not the only approach, and it's increasingly flawed in the late going, as deadline nears with a frenzy to hype. If a guy was a known quantity and rated 50th or 80th or lower a year ago, or when the season debuted, then chances are that's where his true value will settle, not 8th or higher. It's like the guy on eBay who gets into a bidding war and refuses to let go, eventually paying far beyond the initial Buy It Now price.
It's more fun to nitpick every play and subjectively spit out a summary. I fully understand that. I've been around it for 25+ years in Las Vegas. The results don't warrant the insanely high number of hours invested. You aren't jumping from 52% accuracy to 98%, and in many cases the wide scope perspective is far superior.
I'll provide an example from the recently concluded NCAA tournament. Digger Phelps picked Michigan State to prevail. He was hardly alone. And I'm sure there were reasons to like that team, if you prefer watching point guards, or whatever, the ever popular "tape" world. Meanwhile, there were those of us in the betting realm who salivated to oppose Michigan State, because they were trying to defy a long established upstart trend. Any team that was unranked in preseason, yet entered the tournament seeded #1 or #2, while ranked in the Top 10 to end the regular season, had an 0-41 history of even REACHING the Final Four. Make that 0-42. I was aware of that trend because it goes along with everything I believe in, that early evaluation dominates late hoopla. The preseason analysts were correct to devalue Michigan State but the same type of handicappers who obsess over last week's result and look at nothing but tape decided the Spartans fit as a #1 seed and perhaps the eventual title holder.
Try to find a 42-0 outcome based on something you witnessed, using the same tape and similar criteria as everyone else. Best of luck.
If we draft a quarterback early in the first round I'd like it to be someone who was projected there forever. Griese and Marino were early stars in college, both finishing high in the Heisman vote as juniors.