Introducing – NFL “CORP” 1.0
NFL – Championship Odds over Replacement Player (“CORP“): an estimate of the percent odds a player provides his team to win a Super Bowl
The origin of the term “CORP” was attributed to Backpicks‘s metric of the same name to measure the odds a player provides a random team to win a championship. Due to the lack of widespread value metrics in American football, I created an NFL equivalent to provide a framework for quantitative player valuation.
CORP, as stated earlier, is an estimate of a player’s championship equity. It’s an attempt to quantify a player’s contributions toward the most important goal of an NFL team: to win a Super Bowl.
- Expected Points Added
To quantify CORP, the formula required a base value to estimate a player’s impact on a rate basis. RBSDM supplies an EPA/Play statistic to estimate the average point value of a play in which a player was involved. EPA/Play, along with the Plays tallies provided by the site, created an estimate of a player’s total point contributions in a given season. EPA totals were used to calculate a player’s expected value in a sixteen-game season as well as scale for “pace” (normalizing a team’s offensive plays per game).
- Game-Scaling Value
As mentioned earlier, a step in the CORP calculation results in an “expected” EPA per sixteen games for players. Expected EPA/G (xEPA) could act as a functioning element in CORP, although there’s additional room for team context. The aforementioned “pace” adjustment relies on the principle that more play opportunities typically garner stronger xEPA results. For the purpose of eliminating skewing based on pace, xEPA normalized results to a 65-plays per game (for teams) basis. The percentage of plays a player was involved in was also included to draw outlier seasons closer to the mean.
- Calculating Title Odds
The concluding step in the CORP calculation involved converting game-scaled xEPA to championship equity. Sports-Reference‘s team evaluation metric, Simple Rating System (opponent-adjusted point differential), was regressed onto ten seasons of win percentage to create the formula to approximate the odds a player provides his team with winning a game against an average team. The equal opponent difficulty for players contextualizes the raw data (eliminate biases based on opponent difficulty), as EPA measures value relative to expected values, similar to SRS. The regression formula creates the CORP score.
CORP is not a perfect metric, and as a result, it doesn’t pinpoint certain aspects of a player. It is not a measurement of talent; it’s a measurement of a player’s contributions in an entire season. It’s extremely dependent on health; a talented player isn’t helping his team if he isn’t playing. Additionally, regular season and postseason games are weighed equally. As indicated by the “1.0” element of “CORP 1.0,” a follow-up model may place more stock into Playoff games to account for settings. At the moment, all games are treated the same.
Due to the inherent noisiness of contemporary metrics, they’re often presented in three-to-five-year intervals to allow a level of play to stabilize. CORP is no exception; multi-year CORP scores weigh three seasons worth of data, with a given season weighed twice as high as the one preceding it. Multi-year CORP scores, displayed on Cryptbeam, are only calculated for the current season. Single-year results will (eventually) date back as far as the 1999 season. Scores are only calculated for quarterbacks now due to data accessibility, although all offensive positions will (eventually) be measured. To view the Cryptbeam database for CORP, click here.
As is with every custom metric on Cryptbeam, the end result is not intended to be a definitive player ranking. CORP is not perfect, and is planned to act as a framework to model player value and promote more analysis.