I understand that is what you use to determine the value of draft picks, and I'm sure it makes it easier for you to calculate the value of future picks since the player pool is not yet determined.
But why do you use this formula for the current draft without taking the actual players available into consideration?
Regardless of whatever formula NFL GMs usually use, the 1.1 pick in the draft is worth more when Peyton Manning is the best player available than if it happened to be Mark Sanchez.
If the best player available is no better than a 2nd rounder in a "normal" year, the 1.1 pick is NOT as valuable as it is in a "normal" year.
In addition, the 1.1 pick has a trade value of 3000. The highest trade value I have been able to find for any player is 2700, for this player:
https://cust10.myfootballnow.com/player/5130.
Admittedly I didn't review every player in every league, but I did look at the top 20-30 players with less than 6 years of experience in about 4 leagues.
It doesn't make sense to me why any draft pick would have a higher trade value than the highest trade value for an actual player in the league.
I seriously doubt anyone would have thought it was a smart move for IND to trade Andrew Luck and a future first (and maybe more) for the Rams 1.1 pick in the 2016 draft.
Maybe I am in the minority, but I don't think the pleasure of making the #1 pick is worth more than the player you can get with it, which is only reason why the most valuable trade asset in the league is a single draft pick.
By the way, I'm not complaining about this, I am just curious as to why you feel this is the best option or makes the most sense.
Being able to see the trade values is great, but it has raised some questions for me.
Thanks