FreeBaGeL
Footballguy
There is a big difference between perceived value and numbers on a piece of paper. You seem to be approaching this with the idea that he's currently RB23 and since the most he can possibly move up is to RB1, that's "only" 22 spots.I don't think that was the point of the article. A basic startup can go 25 rounds with 12 teams, for example. That's 300 players drafted. If Michael is 60th, he is valued as a player in the top 20% of the pool. A dollar today > a dollar tomorrow. He goes ahead of players like Gerhart, who we both believe he could produce top-15 numbers for a year or so. Where is the magin of safety in making a critical decision like that? And what's elite value? Top 10-15% of players? There isn't much room for an ordinary return or a significant loss. You're pretty much banking on him being extraordinary in the future since he doesn't have any present value. That's not a 'cheap' price to pay relative to other high upside backup RBs and other starting RBs. I asked about that before here somewhat.
Those 22 spots are huge. The difference between RB23 and a top RB in terms of their actual value is massive.
Paying a lot for a guy that's not currently in a position to produce is always risky, but to say there's no upside here is wrong. Even if Lynch were to miss one game and Michael came in and looked good in his stead his value would balloon and you could instantly trade him at two times the price. Not even to mention what would happen if he came in for half a season or if Seattle cut Lynch at the end of the year.

Just got Lynch in a dyno auction, probably would have been a little cheaper if this had popped a few days ago. But now I'm bidding on Michael and thinking I won't get him as I won't overpay.