Excerpt from MIT Sloan Management Review
In this episode, we take a closer look at the value of pick protections in the NBA draft — and how your favorite NBA just might be doing it all wrong. The NBA draft is all about value: Just a couple of selections higher or lower could be the difference between a franchise-altering superstar or another half-dozen seasons selecting in the lottery. But when it comes time to move these assets around, value sometimes gets thrown out of the window, and teams make deals involving pick protections they later regret. To help us understand why — and to chart a better strategy for pick protections — we speak with Ben Foster who presented his and Michael Binns’s research on valuing protections of NBA draft picks at the 2019 MIT Sloan Sports Analytics Conference.
Listen to the full podcast here.
Ben Shields is a Senior Lecturer in Managerial Communication at the MIT Sloan School of Management.
Paul Michelman is the editor-in-chief of MIT Sloan Management Review.