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Record W4409087716 · doi:10.1177/22150218251324875

Valuation of NHL draft picks using functional data analysis

2025· article· en· W4409087716 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.
fundA Canadian funder is recorded on the work.

Bibliographic record

VenueJournal of Sports Analytics · 2025
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicSports Analytics and Performance
Canadian institutionsSimon Fraser University
FundersSimon Fraser University
KeywordsHullValuation (finance)Computer scienceActuarial scienceBusinessEngineeringAccountingMarine engineering

Abstract

fetched live from OpenAlex

Evaluation of player value in sport can be measured in several ways. These measures, when captured over an entire career, provide insights concerning player contributions. Professional sports teams select young talent through a draft process with the goal of acquiring a player that will provide maximum value, but these expectations diminish as the pool of players grows smaller. In this paper, we develop valuation measures for draft picks in the National Hockey League (NHL) and analyze the value of each pick number with these measures. Specifically, we use different measures of player value to provide an expected value of that measure for each pick number in the draft. Our approach uses functional data analysis (FDA) to find a mean value curve from many observed functions in a nonparametric fashion. These functions are defined by each separate year of draft data. The resulting FDA model follows the assumption of monotonicity, ensuring that a smaller pick number always provides more expected value than any larger pick number. Based on a cross-validation approach, measuring value on annual salary provides the best predictive results. The proposed approach can be extended to sports in which an entry draft occurs and player career data are available.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.508
Threshold uncertainty score0.880

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.139
GPT teacher head0.293
Teacher spread0.154 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it