This system assigns monetary figures to prospective professional football players eligible to be selected in the annual league selection meeting. These figures, typically expressed in a simulated currency, guide participants in fantasy football leagues employing an auction format to acquire player rights. For example, a highly touted quarterback might be assigned a value of $60, indicating the projected cost to secure that player for a team.
The significance lies in facilitating a more balanced and competitive acquisition process compared to traditional snake drafts. It allows participants to strategically allocate resources based on perceived player worth and budgetary constraints. Historically, these valuation systems evolved from simple rankings to complex algorithms incorporating player statistics, projected performance, and positional scarcity, enhancing the strategic depth of fantasy football.