Problems with analyzing past rankings
If anyone could come up with a scoring system that accurately rewarded the people whose projections were the best, I'd lead the charge on analyzing everyone's past projections/rankings (although I think a lot less interesting information would be gleaned from there than most). Here are some problems I see:
1. Staffer A thinks Adrian Peterson is awesome and Chester Taylor is terrible. He ranks Peterson #8, and Taylor #54. Staffer B thinks a bit differently, ranking Peterson at #30 and Taylor at #18. Staffer A and Staffer B both agree that Taylor has a 20% chance of getting injured, which is factored into their rankings. Taylor blows his ACL on the first play of the season. Taylor finishes as the 4th best RB. Whose projection was better? It seems to me that the issue went unsolved. Yet any scoring system would reward Staffer A significantly, and punish Staffer B heavily.
2. Staffer A thinks Willie Parker has a 10% chance of getting injured. Staffer B thinks Parker has a 20% chance of getting injured. Both staffers agree on Parker's production when healthy, so Staffer B has Parker ranked #10 and Staffer A has Parker ranked #6. Consider:
A) Parker does not get hurt, but plays poorly and ranks 20th. Staffer B seems to be unfairly rewarded.
B) Parker does not get hurt, but actually had a 25% chance of getting injured. Staffer B does not receive any credit for his superior job at gauging Parker's injury risk, and gets penalized when Parker stays healthy and ranks 6th. Staffer A seems to win unjustifiably so.
C) Parker does get hurt, but actually had just a 5% chance of getting injured.
3. Staffer A thinks the loss of Tarik Glenn is going to hurt Manning. Staffer B thinks it will not. Staffer A ranks Manning 3rd, Staffer A ranks Manning 1st. The loss of Glenn doesn't hurt Manning, but Marvin Harrison gets injured and Manning only finishes third. Staffer A seems to be unfairly credited with a victory.
4. Staffer A thinks Travis Henry stinks. Staffer B thinks anyone in Denver will do well. Staffer A ranks Henry 20th, Staffer B ranks Henry 5th. Henry plays at an incredible level for 8 weeks, then gets injured for the season and ranks 30th. His replacement plays at an incredible level for the last 8 weeks. Staffer B was right on two counts, Staffer A was wrong on his only one, yet Staffer A "wins".
5. Staffer A and Staffer B both agree that McNabb will average 24 FP/G. They both agree that McNabb will play 10 games. Staffer A ranks McNabb as if he projected him to score 240 points, and his him ranked 15th. Staffer B decides to add 15 FP/G for the remaining 6 games, because that's what a replacement level QB will score. Staffer B ranks McNabb as if he projected him to score 330 FPs, ranking him 3rd. McNabb averages 24 FP/G, gets injured after 10 games, and ends the season ranked 15th. Both staffers perfectly nailed what would happen. Yet Staffer B is not rewarded at all, despite actually having the more useful ranking for drafters.
6. Staffer B thinks that Marshawn Lynch will be a stud down the stretch, and lead teams to fantasy glory. He ranks him 15th, thinking he'll be 30th for most of the season, but a RB1 when it counts. Staffer B thinks he'll probably finish around 25th. Staffer A thinks Lynch will be the same all year, and also ranks him 25th. Staffer B's prediction comes perfectly to life, and many teams with Lynch win their championship. But Lynch ranks 25th, and Staffer A wins despite being less accurate with his guess as to what will happen than Staffer A.