Got to have it now, pay for it later
Money management skills is going to be the one thing I plan to preach when raising my kids. One of the biggest problems in today’s economy is the notion that you can buy anything at any time by simply using credit.
While at a much larger scale, the NFL draft requires budgeting skills in very much the same sense. In the spur of the moment a team can throw away their future for the fallen star on the draft board. The Oakland Raiders are feeling the pain of spending too much too quickly and enter this years draft without their 1st-round pick (traded to Cincinnati), their 2nd-round pick (traded to New England), their 3rd-round pick (used in the supplemental draft) and their 4th-round pick (traded to Washington).
In other words, the Raiders could easily be at one of the tables at your local pub with you watching the draft on the 26th and 27th.
The going rate of trading into a round for future draft picks is to upgrade the pick by one round. Meaning if a team wanted to trade into the middle of the second round, the price would be a future first round pick. That’s an expensive price to place on a player that may not pan out. The history of the NFL is loaded with deals where teams sell the farm to move up or into a round where they have no picks. If the team misfires on the prospect they got-to have, it usually creates a rippling effect of hurt for years to come.
At a press conference Wednesday, Oakland Raiders general manager Reggie McKenzie said fans shouldn’t expect the team to trade away any of next years picks to move higher up in this years draft order.
I do not want to trade future picks especially high ones, McKenzie said, via the San Jose Mercury-News.
“I am the new guy. This is my first time drafting after a legend has been drafting for the Raiders for so long. So it’s huge. But I’m excited about it and looking forward to it.”
I for one, will have to see it to believe it. The Raiders have always burned future draft picks and rarely plan for anything beyond the present date.
Not to rub it in any further, but the teams that seem to really profit from adding talent and future picks are those who see the most value in giving up their present position. If a player that does not excite you, move back, gain more wealth and re-evaluate.
On A Side Note
The Patriots and Eagles are usually front runners for making the most out of what they have on NFL draft days. We all know who the mastermind is in New England, but one of the long time hidden gems of the Eagles organization is actually no longer there. GM Tom Heckert was apart of some excellent trades for Philly in the 2000′s but now makes the call in Cleveland. I for one am looking forward to seeing what he can do with the large bounty of picks acquired in last years mega-trade with Atlanta for Julio Jones. It’s hard put a smile on the face of a Browns fan these days, currently siting with the odds least likely to win Super Bowl but still, the Browns do have a chance to set things right with the high number of quality picks in this years draft.