Author Archives: Thomas Hobbes | About Thomas Hobbes:

14

May

Green Bay Packers 2012 NFL Draft: The Reasons Behind the Picks Part II

NFL Draft Logo Image

2012 NFL Draft

So here is part II of the reasons behind the draft picks (see part I here)  Again, I’m not assigning grades to the draft or to the players because I don’t believe you can tell whether or not a player will pan out within the first 30 something days.  What I am interested in is what the Packers were thinking of when they decided to draft a player; with that in mind, this is what I think the Packers want to accomplish with each draft pick and which player each rookie could be potentially be replacing.

Jeron McMillian – Projected Strong Safety – Round 4, Pick #38 (#133 overall) – Replaces Pat Lee

Rationale: First off let’s be honest here, I don’t think we have the next Nick Collins in McMillian; I was actually very surprised that McMillian was drafted at all by the Packers simply because he doesn’t fit into the mold of what the Packers look for in safeties.  The Packers are probably more interested in playing two free safeties (which there really wasn’t one this year in the draft), consider their preferred pairing of Collins and Morgan Burnett (who ironically never really played together): both have good ball skills and the ability to jump passing routes.  What McMillian does best is run support, which is almost the exact opposite of a ball hawk.   Then again even if McMillian is the next Collins I highly doubt that the Packers can afford to stick him out there in his first year, which is even more reason why I think Woodson will have to make the move to safety.

7

May

Green Bay Packers 2012 NFL Draft: The Reasons Behind the Picks Part I

NFL Draft Logo Image

2012 NFL Draft

So now that the NFL draft is officially over, tons of fans will converge on Packers web sites to air their grievances about not drafting a particular player or reaching for another.  They will hand out grades to teams and players alike; argue with other fans about what should have happened, and how the analysts have no idea what they are talking about.

I frankly am uninterested in such things; you’re typically not going to find out how good a draft class or a player is for 3-5 years and a player’s success has a lot to do with the team and the environment they get drafted in.

Nevertheless, every team drafts a player with a role in mind, and in this article I hope to analyze what role I think each player was drafted for; I am not concerning myself with what I think will likely happen, I have not placed a grade or an analysis of each player’s potential for a reason.  I’ve also included who I think the rookies will be replacing, keep in mind I don’t necessarily think that a rookie will take a veteran’s spot (for instance I have Casey Hayward replacing Charles Woodson) only what type of role that rookie is like to take.

30

April

4 Main Themes Emerge From Green Bay Packers 2012 NFL Draft

  1. NFL Draft Logo Image

    2012 NFL Draft

    Ted Thompson hasn’t gone crazy:  While many people were surprised by the fact that Thompson traded up several times, a good indication that Thompson is still following his MO is that he’s trolling the media about his “change” in personality.  If you’ve followed Thompson enough, you’d know that he’ll never tell anyone anything, so if he’s saying he’s doing things differently, chances are he really isn’t.  I now think Thompson wasn’t as averse to trading up in the past as we all thought; it simply didn’t make much sense in previous years to do so.  For instance right now Thompson probably has one of the best teams in the NFL in terms of depth so he can afford to trade picks to move up the draft but when Thompson took over in 2005 the team was in a salary cap nightmare and salary cap nightmares usually also mean that there were no quality backups on the team (or else why pay more for an aging veteran?).  Secondly, the rookie salary cap has altered the draft to a point where the picks at the top of the 1st round are the most valuable (as they should be) and teams have adjusted accordingly by trading up in order to secure the best talent for them. In fact the majority of 1st round draft picks ended up being selected by teams who were not the team originally award the pick.  I am a little surprised that Thompson was so quick to recognize the change and act upon it, which is why I now think that Thompson isn’t averse to trading up, he just could justify paying the price in the past.

23

April

Report: Packers Resign OLB Erik Walden

Everyone take a deep breath and relax.

The Packers have announced that they have re-signed outside linebacker Erik Walden; details of the contract were not made available (which is a statement in itself), but considering the lack of interest Walden received during free agency and the fact that the signing is a mere 3 days before the NFL draft indicates that Walden was desperate to sign and probably took a 1 year minimum contract.

Walden was viewed as a potential starter after an impressive 2010 campaign, but literally saw the 2011 season fall apart as he started 15 games but ended up as a liability on defense, was replaced by Brad Jones during the playoffs and was the center of an ugly domestic violence dispute with his girlfriend that resulted in him having to spend Thanksgiving in jail.

16

April

Ted Thompson Vs. The NFL Trade Chart: Who’s More Obfuscated?

“I’m convinced the articles I’ve seen like this are written by guys who have no actually gone through the trade value charts.  The Packers are going to be in a tough spot trying to trade up and will have to really overpay in number of selections to do it.”  

- Jeremy, April 14th, 2012 12:27; in reference to the Packers trading picks to move back up into the 1st.

 

Challenge accepted!

  1. Would you believe me that overall, Ted Thompson isn’t very good at trading draft picks?
  2. Would you believe that Ted Thompson has been suckered in by other teams that have called and accepted less than he originally had?
  3. Would you believe that the single biggest mistake Ted Thompson has made on draft day was trading up for Clay Matthews III?

You’d think I was full of it, but its all true.

In reality, the trade value chart has become a staple of NFL draft fandom.  Some people swear by it while other people think its stupid to put a number on talent or potential.   But should we trust the chart and perhaps more importantly, does the chart make any sense in the modern era of football?

10

April

Playing Devil’s Advocate Part II: The Economics of the Packers Trading Up

Let’s play devil’s advocate one more time and look at why the Packers should trade up in the NFL draft.  This time I will be looking purely at the economics of the draft.  The classic example that Packer fans love in the 2005 NFL draft where Alex Smith was given the biggest rookie contract of all time at that point with $45.9 million deal with $24 million guaranteed while Aaron Rodgers only commanded a $7.7 million deal (less than Smith’s guaranteed contract) with $5.4 million guaranteed.  I’m not going to go in the relative value of Smith vs. Rodgers as players (as countless writers including myself have beaten the topic to death) but the take home message is that the Packers couldn’t lose economically: if Rodgers is the next Bart Starr, then they’ve got him at a discount for the first 5 years, if he’s decent the Packers paid a fair market value for him and if he’s a bust they can cut Rodgers without much penalty.  Smith on the other hand had to succeed; it was the only way to justify his massive contract.

21

March

The Cost of Letting Matt Flynn Go: The Endowment Effect

Seattle Seahawk Matt Flynn

Possibly the worst photoshop job on a NFL player ever

So who thinks Matt Flynn should have been franchised now?  I will be the first to admit that in my heart, I desperately wanted Flynn to be tagged and traded, and maybe while I’m dreaming some idiot team like the Raiders would offer a first rounder.  My head of course said otherwise, sure the potential reward is high, but so was the risk; what would happen if the Packers were stuck with a $14 million guaranteed check?

In the end, general manager Ted Thompson was right in letting Flynn go without a fight and Flynn signed a very conservative 3-year $26 million deal with $10 million guaranteed with the Seattle Seahawks.  More money that you or I will probably make in a lifetime, but loose change in comparison to the 5-year $90 million contract Peyton Manning just signed, or even the 5-year $60 million contract that Kevin Kolb signed last year.

My question is why fan perception of a player so different from a NFL GM?  Even the media, which presumably has a better idea of what NFL GMs are thinking are still more like fans when it comes to predicting player value (although this might have to do with the fact that the media caters to fans and not to NFL GMs, so they could be deliberately doing this).  Answer, the endowment effect.