NBA fans love to play armchair GM. They have the ESPN Trade Checker bookmarked. They know the general workings of the Collective Bargaining Agreement. And they have ideas of fixed price points for players based on ideas of “value” and “worth”. This all fine and good. I think a more informed fan-base is a better fan-base. It makes for better, more nuanced conversation.
This summer, though, it’s better to forget some of what you think you know about player value. This summer, it simply doesn’t apply. I may have changed majors from Economics to History when I was in college, but I took enough of former to understand supply and demand and how market forces help determine pricing.