Analyzing a 12-Team Salary Cap Mock Draft (June)

Jun 29, 2023
Analyzing a 12-Team Salary Cap Mock Draft (June)

Doing mock salary cap drafts is not always as helpful as we want them to be. Often, we get into one and find that several teams are just there to bid for three top players and then quit, or managers in mocks spend more for top talent than would normally happen in a real league being played out during the year. So, we decided to get 12 strong salary cap managers together and fight it out until the bitter end to give readers the best representation of how a real salary cap draft plays out. We will check in for another mock in July, and a final one in August to see how things are developing as the summer goes along.

The format of our draft was meant to resemble the most typical fantasy leagues out there despite the growing popularity of other ways to play the game.

We went with:

  • 1 QB/2 RB/3 WR/1 TE/1 K/1 DEF/1 FLX
  • 8 Bench Spots
  • PPR
  • $200 Salary Cap

(Note: The final rosters and prices are listed at the bottom of the article)

Overall Observations

Before getting too deep into the weeds of how this draft went, several things jumped out at me as being good lessons for anyone trying to get better at salary cap drafting.

Go Against the Grain

The general idea of doing the opposite of what your league is doing is a bit of an oversimplified and somewhat overused strategy. But this draft demonstrated that it is, nevertheless, reasonable advice in most salary cap drafts. Watching early pricing on the players at the beginning of the draft should guide you toward how you should be attacking things. If things are wild and multiple players are going for upwards of $50 to $60 then you should be staying patient and waiting for prices to drop. Conversely, as in this room, if managers are not willing to spend as the elite players start flying off the board in the early rounds, you should be acting quickly to lock up some top-level players below market value.

This draft featured exclusively salary cap veterans and analysts from around the industry. That makes for a tough, disciplined group of bidders that will refuse to go too high for a player and also refuse to let you get too good of a deal. When I recognized the trend early on I had to abandon my strategy of staying away from the top players and spend some money. I ended up with Austin Ekeler ($44) and Cooper Kupp ($49) when I hadn’t intended to chase the top players in their position groups. But hey, that’s salary cap drafting and it’s always important to be mindful of the flow of the draft so you can adapt as you go.

Be Ready to Spend at Wide Receiver

The trend developing in the fantasy football community in the last couple of years is in full swing. Wide receiver points used to be cheaper in salary cap drafts, but the roles seem to have completed their reversal in 2023. The top wide receivers (Ja'Marr Chase and Justin Jefferson) went for $57 and $56, while their counterparts at running back went for upper $40s.

Additionally, the wide receiver prices held steadier for the duration of the draft than the running backs. For example, at Pick 56 CeeDee Lamb went off the board for $40 while running backs drafted in the same part of the draft like Breece Hall ($24), Najee Harris ($24), and Tony Pollard ($26) went for considerably less money. While the comparison of Lamb to those three running backs isn’t quite 1-to-1, it is illustrative, nonetheless. Hall averaged over 16 PPR points per game last season and Lamb was approximately 1.4 points better per game. That $16 price gap is massive for that small of a bump.

This wasn’t isolated to just this example as the wide receiver prices stayed stronger, for longer, than running back prices. It looks like the best strategy for both positions in 2023 is to make sure you’re spending at the wide receiver position and then count on some running back deals later on to score some production cheaper than you’d probably believe. Guys like A.J. Dillon ($10), David Montgomery ($12), and Joe Mixon ($15) are a few examples of guys that could see 200+ touches and cost far less than their wide receiver counterparts who were priced consistently $3-$15 higher. Be warned, however, that you need upside somewhere else on your roster to offset the unexciting production from mid-tier running backs should you go that route.

People Want Quarterbacks

The trend to spend as little as possible on quarterbacks hung on for a long time, especially in salary cap draft rooms. But 2022 may have been a bellwether. Only four quarterbacks threw for 30+ touchdowns, and guys who created with their feet were more valuable than ever. That could be a statistical blip, but it has created a certain urgency in fantasy drafters this summer to make sure to snag an elite quarterback in their drafts. This thought should only intensify as the summer wears on and more casual drafters enter draft rooms.

In prior seasons it would be unusual to see a quarterback break the $30 barrier, but this draft saw three guys do it: Josh Allen ($33), Patrick Mahomes ($31), and Jalen Hurts ($30). Further, Justin Fields hit $26, and guys like Lamar Jackson ($22), Joe Burrow ($16), and Justin Herbert ($17) went for less than market value, but in a smart, tough draft like this one, those are higher prices than typical for a room full of cautious drafters.

If you’re interested in a top quarterback this year, then be cognizant of needing to pay more than in previous years for the top six to eight guys. Prices did fall precipitously after that, but quarterbacks are commanding a larger share of the salary cap dollars this year.

The Flow of the Draft

The fun part of salary cap drafting is that no two drafts are ever alike. Player prices vary wildly between drafts based on several different factors like manager experience, order of nomination, scoring settings, and the aggressiveness of the room. As a result, breaking down a salary cap draft is harder to wrap up in a neat little package because of how the myriad of factors change as the draft unfolds. But let me attempt to capture it.

Early Stages

Things started somewhat slow. Plenty of top players came up for bid, but managers in the room were not going to blow their caps by overspending. Christian McCaffrey went for $48 on the first nomination, and then as the top players continued to go on the block the $50 barrier seemed to be important for the league. Only two guys went over $50 (Chase and Jefferson), and otherwise, even the best talent on the board struggled to get over $40. Players like Saquon Barkley ($42), Nick Chubb ($47), and A.J. Brown ($42) all demonstrated an unwillingness to crack $50, and even guys like Stefon Diggs ($34) and Davante Adams ($35) struggled to come close to where they should be priced. Diggs and Adams were picks 10 and 16 respectively, so as you can see, caution was the early attitude in the room.

Middle Stages

Prices didn’t exactly get out of control in the middle stages as these managers were too experienced to overpay much, but the prices were higher than they should have been in a lot of cases and stayed consistently stronger as we moved down through the tiers. Guys like Terry McLaurin ($24 at Pick 67) and DeVonta Smith ($30 at Pick 70) showed that the early caution in the room was going to make finding deals much harder as the draft went on. There were too many dollars chasing the impact players as Rounds 6 to 10 unfolded. At Pick 98 Brandon Aiyuk went for $21, and all the way down at Pick 120, Mike Evans was still going for $15. That is deep into the draft for sustained prices at that level, but again, when managers save their money early the middle class of players sees a bloated price structure.

Late Stages

Due to the sustained pricing in the middle stages of the draft, the end stage came fast. Between Pick 120 (Evans, noted above) and Pick 144 just two rounds later the prices had tanked to almost all sub-$5 players. Finding players for $1 wasn’t easy, but nobody had the cap left to bid more than a few bucks before dropping out. This time is when it’s hugely important to have nominations left to burn to score the guys you want. This room did that quite well and did it with the complicating factor that two managers had a lot of money left to pick off the top players remaining at each position. That isn’t an unusual occurrence, but what did stand out to me was that no matter how good the managers in the room were, the pricing inequity in the middle to late stages was all set up by the lack of spending early. The entire flow of the draft came out of the opening 24 picks. That is not something to underestimate as you head into your salary cap draft rooms.

The Managers Have Spoken

After the draft, I asked the managers a few questions about what players they thought were good values or poor values, and what teams (other than their own) they thought ended up with the best final roster. Here is who they voted for.

Best Values – Manager’s Choices

Best Values – Author’s Choices

Worst Values – Manager’s Choices

Worst Values – Author’s Choices

The Contenders

The final task for the managers after the draft was to vote on who they thought came out of the draft with the best teams. As noted already, this veteran room of savvy salary cap drafters spread the talent out and 10 of the 12 teams got votes from their fellow drafters as being top contenders!

Although I’m sure there was some healthy bias in the voting due to me being the person reading the responses, I received the most votes, and then Team 3, Team 5, Team 8, and Team 10 all received multiple votes as well.

Some comments from the drafters:

“I am going to plant my flag on Team 3. He has a solid piece or pieces at every position. Great value at RB for only $34, which left him plenty of room to have an elite WR corps with a solid Flex.”

“My favorite of those is Drew’s team. The running back group is strong, with Austin Ekeler, Najee Harris, and Cam Akers forming the best running back trio in the league. There is depth at wide receiver as well. I’m not very high on Deshaun Watson but he certainly has the potential to hit, and if he falters Daniel Jones provides more-than-adequate depth.”

“Team 8 has the best combination of starting lineup and depth.”

“Team 3 is my favorite as he built a very balanced team with the hookup of Diggs and Allen. If Jahmyr Gibbs is as good as people think this team will be extremely tough to deal with.”

“I would say that Team 3 reigns supreme. Excellent depth behind the starting lineup is what brought this team across the finish line for me.”

“Team 5 has elite players at every skill position and will dominate if Richardson performs.”

“Team 10 took big swings on some high-upside players, and will only need a few to hit to be a contender.”

Final Thoughts

A salary cap room that is full of drafters who know the format well is a hard place to draft, but paying attention to the trends in the room can help you have success. The flow of every salary cap draft is different, so it requires a mixture of aggressiveness and patience to pull off a top-tier draft.

Preparing for your drafts this summer is going to provide a challenge that we haven’t had in recent years. Quarterbacks are expensive. Wide receivers are even more so. Depressed prices at running back are attractive but often come with limitations on their upside. It may seem like a smart idea to run with guys like David Montgomery or A.J. Dillon because they’re cheap and will touch the ball a lot. But, be careful not to outsmart yourself in 10- or 12-team leagues as those types of players, while cheap in raw dollars needed to land them in your draft, often lack the upside of the wide receivers being drafted near the same price point.

Check back in July and we will see what trends are becoming clear, how prices are evolving, and what the next mock draft will show us to help us prepare for the real thing.

Team 1
POSITION PLAYER PRICE ($)
QB Joe Burrow 16
QB Matthew Stafford 1
RB Rhamondre Stevenson 31
RB Samaje Perine 15
RB James Cook 10
RB Ty Montgomery 1
RB Cordarrelle Patterson 1
WR Amon-Ra St. Brown 38
WR Keenan Allen 22
WR Drake London 18
WR Hunter Renfrow 1
WR Tim Patrick 1
TE Travis Kelce 40
TE Hunter Henry 1
K Jake Moody 1
K Daniel Carlson 1
DEF New York Jets 1
DEF Denver Broncos 1
Team 2
POSITION PLAYER PRICE ($)
QB Patrick Mahomes 31
QB Russell Wilson 5
RB Dameon Pierce 20
RB Isiah Pacheco 17
RB James Conner 16
RB Tank Bigsby 1
RB Tyjae Spears 1
RB Ronald Jones 1
WR Justin Jefferson 56
WR Calvin Ridley 20
WR Jahan Dotson 9
WR Allen Lazard 4
WR Tyler Boyd 2
WR Rashid Shaheed 1
TE T.J. Hockenson 12
TE Gerald Everett 1
K Brandon McManus 2
DEF Los Angeles Chargers 1
Team 3
POSITION PLAYER PRICE ($)
QB Josh Allen 33
QB Geno Smith 2
RB Jahmyr Gibbs 23
RB J.K. Dobbins 18
RB Alexander Mattison 16
RB JaMycal Hasty 3
RB Jerick McKinnon 3
RB Clyde Edwards-Helaire 1
WR Stefon Diggs 34
WR Amari Cooper 26
WR Chris Godwin 12
WR Zay Flowers 6
WR Donovan Peoples-Jones 3
WR Van Jefferson 2
WR John Metchie 1
TE Pat Freiermuth 9
K Jason Myers 1
DEF Green Bay Packers 1
Author's Team
POSITION PLAYER PRICE ($)
QB Deshaun Watson 7
QB Daniel Jones 2
RB Austin Ekeler 44
RB Najee Harris 24
RB Cam Akers 13
RB Devin Singletary 1
RB Chase Edmonds 1
WR Cooper Kupp 49
WR Tyler Lockett 16
WR Christian Kirk 16
WR Skyy Moore 5
WR Nico Collins 4
WR Michael Gallup 3
WR Michael Thomas 2
WR Chase Claypool 1
TE Dallas Goedert 10
K Tyler Bass 1
DEF Buffalo Bills 1
Team 5
POSITION PLAYER PRICE ($)
QB Kirk Cousins 3
QB Anthony Richardson 3
RB Saquon Barkley 42
RB Derrick Henry 29
RB Antonio Gibson 11
RB Dalvin Cook 10
RB Alvin Kamara 2
WR A.J. Brown 42
WR DeAndre Hopkins 14
WR Rashod Bateman 5
WR Kadarius Toney 4
WR JuJu Smith-Schuster 2
WR Alec Pierce 1
WR Puka Nacua 1
TE Mark Andrews 23
TE Dawson Knox 2
K Evan McPherson 1
DEF New England Patriots 5
Team 6
POSITION PLAYER PRICE ($)
QB Tua Tagovailoa 6
QB Jared Goff 1
RB Nick Chubb 47
RB Javonte Williams 15
RB Rachaad White 14
RB David Montgomery 12
RB Kenneth Gainwell 4
RB Gus Edwards 2
WR Ja'Marr Chase 57
WR Brandon Aiyuk 21
WR Mike Williams 10
WR Elijah Moore 4
WR Jakobi Meyers 1
WR Rashee Rice 1
WR Romeo Doubs 1
TE Dalton Kincaid 1
K Matt Gay 1
DEF Dallas Cowboys 1
Team 7
POSITION PLAYER PRICE ($)
QB Justin Fields 26
QB Jordan Love 2
RB Tony Pollard 26
RB D'Andre Swift 13
RB Jaylen Warren 2
RB Ezekiel Elliott 1
RB Leonard Fournette 1
RB Chase Brown 1
WR Tyreek Hill 47
WR Chris Olave 30
WR Terry McLaurin 24
WR Treylon Burks 7
WR Rondale Moore 7
WR Darnell Mooney 1
TE David Njoku 6
TE Sam LaPorta 2
K Nick Folk 1
DEF Miami Dolphins 1
Team 8
PLAYER POSITION PRICE ($)
QB Justin Herbert 17
RB Josh Jacobs 28
RB Kenneth Walker 19
RB Zach Charbonnet 7
RB Brian Robinson 5
RB Tyler Allgeier 4
RB Raheem Mostert 1
RB DeWayne McBride 1
WR Garrett Wilson 33
WR Jaylen Waddle 33
WR DK Metcalf 21
WR D.J. Moore 16
WR Jordan Addison 8
WR Adam Thielen 1
WR Sterling Shepard 1
TE Dalton Schultz 3
K Cairo Santos 1
DEF Kansas City Chiefs 1
Team 9
POSITION PLAYER PRICE ($)
QB Kenny Pickett 2
QB C.J. Stroud 2
QB Aaron Rodgers 1
QB Trey Lance 1
RB Christian McCaffrey 48
RB Jonathan Taylor 40
RB Travis Etienne 26
RB Aaron Jones 21
WR Tee Higgins 24
WR Christian Watson 14
WR D.J. Chark 1
WR Wan'Dale Robinson 1
WR K.J. Osborn 1
TE George Kittle 12
TE Cole Kmet 2
TE Trey McBride 1
K Cameron Dicker 1
DEF Philadelphia Eagles 2
Team 10
POSITION PLAYER PRICE ($)
QB Dak Prescott 7
QB Derek Carr 1
RB Bijan Robinson 39
RB Joe Mixon 15
RB Jamaal Williams 9
RB Elijah Mitchell 3
RB D'Onta Foreman 2
RB Jeff Wilson 1
WR Davante Adams 35
WR Deebo Samuel 20
WR Jerry Jeudy 18
WR Brandin Cooks 6
WR Odell Beckham 4
TE Darren Waller 10
TE Evan Engram 10
K Harrison Butker 1
K Younghoe Koo 1
DEF Seattle Seahawks 1
Team 11
POSITION PLAYER PRICE ($)
QB Lamar Jackson 22
QB Kyler Murray 4
RB Breece Hall 24
RB Miles Sanders 19
RB Damien Harris 6
RB Kendre Miller 4
RB Devon Achane 1
WR CeeDee Lamb 40
WR Diontae Johnson 15
WR Marquise Brown 15
WR Quentin Johnston 7
WR Jaxon Smith-Njigba 5
WR Isaiah Hodgins 1
WR Jonathan Mingo 1
TE Kyle Pitts 13
TE Tyler Higbee 2
K Matt Prater 1
DEF Pittsburgh Steelers 1
Team 12
POSITION PLAYER PRICE ($)
QB Jalen Hurts 30
QB Trevor Lawrence 10
RB Rashaad Penny 12
RB A.J. Dillon 10
RB Jerome Ford 6
RB Khalil Herbert 5
RB Roschon Johnson 2
WR DeVonta Smith 30
WR Jameson Williams 17
WR Mike Evans 15
WR Michael Pittman 14
WR Courtland Sutton 8
WR George Pickens 5
WR Gabe Davis 4
TE Greg Dulcich 6
TE Chigoziem Okonkwo 5
K Justin Tucker 2
DEF San Francisco 49ers 2
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