I read this and then had trouble finding it for a year, I'm writing about it so I have a way to find it... The proposal here is so obviously correct that it's shocking it doesn't come up more often when people discuss the NBA Draft... basically the idea is that you assign a high value to wins and losses when everyone is trying to win, and then when people's intentions become more obvious you assign a lower (or sometimes even negative!) value to losses.
Read the full proposal from economist Kevin Bryan here.
The NBA product has become so degraded and it's so obviously in the league's interest to have teams trying to win games with their best players that it's crazy they're not looking into solutions like this. I hope they will soon.
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