There were, of course, two substantial trades of Ricky Williams. The first netted the Washington Redskins the whole of the Saints 1999 draft, plus the Saint’s first and third round picks of 2000. Three years later, Ricky was traded to the Miami Dolphins for a pair of first rounders, plus change. The first was obviously not paid off. How did the Miami Dolphins fare in their trade, using our new risk metrics?
Risk Ratio no longer makes sense as a term when you’re talking about someone already drafted. The important term becomes the net risk term, 52 AV. That’s 1 more AV than the typical #1 draft choice, and that’s the amount of AV Ricky had to generate in order for this trade to break even. And note, these calculations are derived from weighted career AV, not raw AV. So any raw AV we apply to these numbers is a rough approximation (A typical career summing to, say, 95 AV, might end up around 76 or so WCAV).
That said, Ricky Williams had a great first season with the Dolphins, generating 19 AV in that season alone. His total ended up somewhere around 57 AV. I’d suggest the second trade approximately broke even.
End notes: I’ve seen a lot of discussion around this set of data, discussing the quality of draft picks on a per pick basis, posted in of all places, a Cav’s board. If this board isn’t the original source of these graphs, please let me know. An excellent resource for high quality NFL draft trade information is here. And finally, a reader named Frank Dupont writes:
I wrote a book about decision making in the NFL. It’s sort of a pop science book because it seeks to make what happens in the NFL understandable via some work that people like David Romer, Richard Thaler, and Daniel Kahneman have done. But because all pop science books make their point through narrative, I spend a lot of time looking at why football coaches are so old, but other game players like chess players and poker players are so young (Tom Coughlin is 65 and yet the #1 ranked chess player in the world is 21, the world’s best poker players are 25-ish).
The link for the book is here, if this topic sounds interesting to you. I’ll only note in passing that while physics prodigies are common, biologists seem to hit their stride in their 60s. Some areas of knowledge do not easily lend themselves to the teen aged super genius.