While I am at it, I read something really interesting in the media this week about Melbourne’s recruiting strategy in the last few seasons. They have traded away their future first round pick for several seasons now and used it to boost their draft hand at the current draft. The first thing they do is trade back into the first round during the following trade week. It is the equivalent of going to the draft with resources borrowed from yourself in the future and borrowing again to replace them when the time comes. If they keep doing it forever, they will never repay it.
Now that is a smart strategy. I can’t remember where I read this but I am tipping it was not in the Herald Sun.
I think we’ve been equally smart from a more difficult position.
Melbourne and us have both been quick to implement future trading strategies compared to other clubs. But we’ve come from the top and they’ve come from the bottom.
My read of the situation is Melbourne won’t kick the can down the road forever because they’ll get less value on their way back down the ladder.
If a club is rising up the ladder, they’ll get added value by trading away future picks.
If a club is falling down the ladder, they’ll get added value by putting savings aside for later.
Future trading strategies need to be closely linked to expectations of future performance. Humans are bad at this. Melbourne‘s strategy was consistent with their change in ladder position (moving up). That’s the key. But our strategy was consistent with our ladder position change too. It’s easy to expect future performance to improve. It’s harder to be smart on the way down, as it goes against human nature.
Until we see Melbourne being smart in an unnatural position, I’ll expect us to silently end up the smarter of the two clubs in the long run.
As an interesting side note - our premiership in 2017 was won with a future 1st + 3rd round pick and salary cap space waiting in the bank, which put us at a disadvantage, contrasted to Melbourne’s advantage gained from the above strategy. This means we held 2 additional first round picks compared to Melbourne’s current position moving forward. Something to look at as they try to stay on top while in debt.
As for this year’s draft, if other clubs superficially follow Melbourne‘s strategy, it would cause a decrease in value of future picks. This would benefit our current approach to trade in future picks. This could help us with live trading in this year’s draft...