kingtidge
All American
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- Sep 2, 2011
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What is market value? In my world I look at the ROI. I'm sure Red is doing the same but as others have posted what any new player gets for NIL is going to affect the existing NIL structure in a few ways. One current players. Two future players, Three the use of the funds needs to pay off otherwise the availability of future funds could be affected. Bottom line is what is the player worth given SUs current situation.
Does Red know for instance that Chance and or Cuffe are solid and ready to go. Does he know that Bell is on the verge of leaving and if he pays the new guy significantly more money than Bell that he either has to pony up for Bell or risk losing him... So, yes market value is what the individual can obtain for themselves, but any business should always set their own level when it comes to capital allocation.
Market rate is probably the more apt term, sorry (corrected) - the value the market will pay for a commodity.
Like anything else, every purchase/player/situation is different and you have to have your own top-end max value for a player based on expected ROI.
Also, you need to look at portal performance trends over time for a program and we're still in early days with the portal and how it's evolving.
My worry is programs with a majority of misses on their plan A's and that are getting mostly plan B's, C's, or lower, etc... That sort of portal performance is really going to ensure mediocrity or worse for a program over the longterm (unless you can somehow savant "Moneyball" odd-faced pieces that collectively perform better than their individual talent - and that is really hard to do in b-ball.)
To be or not to be competitive...