2weekswithpay wrote:sco wrote:_txchilibowl_ wrote:
I would. And the hit rate on second round picks is miserable.
Me too. Moreover, you don't actually need to give up assets to get a 2nd rounder, you can buy them.
The value of second round picks isn't the same as it was a few years ago. From a
Forbes article. The Bulls had to trade two 2nd round picks to get Philips at pick 35. Now that you're able to sign 2nd round picks to 3-4 year contracts without going using the MLE, the value is higher than before.
Back in the early and mid-2010s, it was relatively common for teams to sell second-round picks to one another. For instance, the Chicago Bulls traded No. 38 pick Jordan Bell to the Golden State Warriors during the height of their dynasty in 2017 for $3.5 million in cash. Four years later, the Philadelphia 76ers sent $2 million in cash to the New Orleans Pelicans to acquire the No. 53 pick, per Charania.
The Sixers were among the teams angling to buy a second-rounder in this year's draft as well, according to Kyle Neubeck of PhillyVoice, but they were unable to find a taker. No. 57 overall pick Trayce Jackson-Davis was the only second-rounder acquired for cash considerations during the 2023 draft. Meanwhile, the Los Angeles Lakers sent $4.3 million to the Indiana Pacers just to move up seven spots in the second round (from No. 47 to No. 40), according to the Indianapolis Star.
Adding to your post, second round picks have far more value than just the pick spot and monetary value too. Given the restrictions around trading multiple first rounders, 2nds fill that void and have been incredibly prevalent in making deals. In one of the articles below, they reference them as trade lubricant
In total, 71 second-round picks changed teams from Jan. 1 until the buzzer sounded at 3 p.m. ET on deadline day. Only 29 seconds were dealt during that window in 2022, 32 in 2021, 17 in 2020 and 32 in 2019
Just to repeat that...
71 second rounders were moved from Jan 1st until the trade deadline.
https://sports.yahoo.com/the-rise-of-second-round-picks-how-the-once-undervalued-draft-assets-are-shaping-a-new-market-landscape-155530243.htmlAnother aspect that we'll probably see come more to light given the harsher tax penalities and rules... is supposed LT payment benefits:
A player whom a team takes in the second round typically earns the rookie minimum contract and only counts for that much toward the luxury tax and salary cap. But an undrafted rookie, whose actual contract will also be for the rookie minimum, counts for a higher amount against the luxury tax threshold than a drafted one does. That player counts the same amount toward the luxury tax as if he’s been in the NBA for two seasons, at which point the salary minimum is higher. The same system allows teams to pay more expensive veterans a higher minimum salary but count them at a lower minimum in the realm of the luxury tax (and the salary cap). The bottom line is that drafting more rookies in the second round, rather than signing them outside the draft, is a way for teams to save money on the league’s luxury tax.
https://slate.com/culture/2023/02/nba-trade-deadline-second-round-draft-picks-value.htmlI'm not 100% sure on the above as we've never really had to worry about LT penalties much as a team...
