Re: Do we overvalue the draft?
The goal is to add talent for the future in the best possible way. Sometimes, you can trade for a 23 year old Running Back with his best years ahead of him. The problem is, it's incredibly difficult to get players who aren't already at the peak of their career through free agency.
The good thing about draft picks (not in the top 5, but after that) is that for the cost of nothing (money wise) you can get top end NFL talent that will improve over the life of their rookie contracts. The picks in themselves are worth nothing, but you can't get talent that will improve unless you have them.
You have to add a veteran talent if you can get him at a bargain price. That's how winning franchises are built. Established talent is a very safe bet to continue success in the short term, but also are a safe bet to begin declining as soon as they are signed.
The draft in terms of importance, is as a whole, valued properly. By the end of the rookie contract (at least a 5 or 6 year contract), a team has already gotten most of the best games out of a player, and is often wise to let him walk if they can replace him for less money.
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according to a source with knowledge of the situation.
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