As Kaulkman observes:
"the top picks are extremely valuable, and expected value drops quickly after the first ten or so picks, so that the value of a 16th-30th pick is closer in value to the 500th pick than the first pick."For those interested in how much of a "bargain" prospects are for teams, generally, Victor Wang broke it down as follows:
16th-30th Surplus Value: $5.2M (late first round)The article is most certainly worth a full read (at the very least a glance), but if you want the short in simple answer, Kaulkman concludes that "while free agent compensation picks aren't worth giving away, a package of decent prospects will almost always be more valuable."
31st-45th Surplus Value: $2.6M (supplemental)
46th-60th Surplus Value: $0.8M (early second round)
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