There are some significant differences between these two CAVOA/dollar models. Earlier draft picks are much more efficient under the 2011 CBA than in previous years. Efficiency starts higher and peaks later in the draft. However, the new CBA makes late round draft picks much less efficient. This change is great for teams, as they are better able to invest significant money in top draft picks without sacrificing as much efficiency as they had to before. While teams should love this change, future early round draft picks lost a lot of money because of the rookie wage scale. All in all, the league accomplished its goal of making rookie contracts more efficient.
Im really really with the new CBA. The Colts are not stuck paying San Bradford for the first pick. I feel bad for the Rams with that contract and he Carolina got a steal with Newton.
I guess this is what most people expected, at least as far as the early round draft picks, I don't think teams really worry too much about the later round draft picks, inefficiency included. A lot of these later round draft picks get signing bonuses but I do not know how much of their contract is guaranteed, which makes their value even less.
I think the first study was actually more interesting about the CVAOA, judging from that the Colts should trade the first overall pick.
One think that would be interesting would be to see a CVAOA with lets say the top 20,10 and 5 percent of those picks value wise and see how the trendline changes.