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Another reason 1st round picks are more valuable.
There is a premium to trade back into the first round
The round of a draft pick in the second-through-seventh rounds doesn’t impact the value, unless dealing with future picks, because the difference between the 64th and 65th overall picks is negligible. There is more value in the 64th pick because it’s earlier, not because it comes in the second round.
First round picks, however, have a special fifth-year option that is not included in the contracts of second round picks, creating an actual difference in value. For this reason, teams can match equivalent values in a trade, but the outside team will have to pay an additional premium of roughly a 5th-6th round pick to get back into the first round.
This premium is not baked into the table because teams that trade within the first round don’t require this premium.
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