2013 Fantasy Football Drafting: Jimmy Graham, Scarcity, and Opportunity Cost
July 9, 2013 · Jonathan Bales · Jump to comments
I have Jimmy Graham projected to score 248 points in PPR leagues—40 points more than any other tight end. That makes Graham scarce, and thus valuable. I discussed the concepts of scarcity and opportunity cost in my book, Fantasy Football for Smart People: How to Dominate Your Draft:
"Projecting future picks is not only an important component of understanding opportunity cost, but also an intrinsic one. The cost of drafting any particular player, then, comes not only with the loss of a pick, but also in the inability to select other players, both at the current selection and future ones. Fantasy owners must perform the delicate task of minimizing opportunity cost by selecting players with value, i.e. those who are scarce, predictable, and needed.
Minimizing “Lost” Points
You might have noticed a different type of mindset developing here. Whereas most fantasy owners are concerned about acquiring the most possible projected points with each pi...
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