Dynamic Pricing - Release Dates Topic

We have finalized how we would like to proceed with dynamic player pricing.
 
Here's our plan:
  • we will update player salaries based on draft usage every four months adhering to a set of announced dates (below). This provides a larger timeframe for player usage accumulation and provide owners more time to react and plan for salary changes.
  • draft usage will be weighted and broken down by 0-60 days prior, 61-120 days prior and 121-180 days prior.
  • player usage will be based on Open League usage only (EDIT:  based on recent iteration, we may use both open & theme leagues)
  • we will maintain history of player salaries and make available in player profile along with some additional research pages
  • all unfilled Open League teams will be sent back to Draft Center at time of salary update
  • all unfilled Theme Leagues will remain untouched so theme commissioners can handle accordingly.
  • theme leagues will NOT have option to pick salary set to use.  With the reduction of processing every four months, we feel this is no longer required.
  • underlying AAA player quality will adjust with pricing changes

This decision was reached after evaluating the posts made in this thread. Thank you again to all of you that contributed.


In reviewing the salary formula and the player sim data, we did discover and/or correct a few data issues.  This will be reflected in the first pricing update. This included mapping the Houston Astros from the 2013/2014 seasons to the AL (which affects normalization data and salaries) and correcting some deadball era pitcher normalization numbers (which also affects salaries). EDIT:  We also adjusted our catcher arm grade formula for players that caught in fewer than 20 games in a season. An arm grade change may have also impacted their salary.
 

In general, though, we believe our salary formula is very, very solid. We looked at players in chunks based on salary range and compared their sim ratio results with actual ratios. The deviations were pretty consistent.

We took a few of the "why don't you improve the salary formula to match the sim results" posts very seriously.  We compared salary driven by sim results with salary driven by actual results.  This yielded many instances of players performing better than or similar to some of the existing "cookies" but used much more sparingly.  Dynamic pricing will impact cookie trends, no doubt.
 
Salary Release Dates:
  • Tuesday, February 9, 2016
  • Tuesday, June 7, 2016
  • Tuesday, October 11, 2016

We will set the next round of dates as we reach October. We will continue to evaluate throughout the year to make sure all is working as expected.


Note: the above post was originally made in this thread on December 18th, 2015.


 
2/2/2016 9:06 AM (edited)
The dynamic pricing update is now in effect!

For this initial run, we used data from the previous 3 years spanning both open and theme leagues. For future cycles, it will follow the 0-180 day breakdown outlined above and will continue to cover both open and theme leagues.

We will update the salary spreadsheets later today. We will review Player Usage report and try to update to include salary at time of usage.

We will introduce the salary history portion of the player profile page within the week. We will introduce another research page or two over the next two weeks.

All non-scheduled theme leagues had player salaries updated to the latest salaries. It's up to theme commissioners to review salary cap issues.

2/9/2016 11:51 AM (edited)
The downloadable spreadsheets were updated yesterday. They can be found here:

Hitters

Pitchers
2/12/2016 10:21 AM (edited)
Round 2 of the dynamic salary updates is now in place.

Downloadable spreadsheets have been updated:
Hitters

Pitchers

The new player salary history page will be made available tomorrow.

The new salary research page showing top 50 players that increased in price and dropped in price will also be made available tomorrow.
6/7/2016 12:23 PM (edited)
Round 3 of the dynamic salary updates are now in place.

The downloadable spreadsheets are also ready (see links in post above).

Be sure to see the Salary Snapshot page (available from Team Center page) for info on which players rose and fell the most.

The next 3 dynamic salary updates will take place on:
  • February 14, 2017
  • June 20, 2017
  • October 10, 2017
10/11/2016 4:20 PM
Reminder the next salary update is scheduled for February 14th.
2/6/2017 11:23 AM
Round 4 of the dynamic salary updates are now in place.

The downloadable spreadsheets are also ready (see links in post above).

Be sure to see the Salary Snapshot page (available from Team Center page) for info on which players rose and fell the most.

The next 3 dynamic salary updates will take place on:
  • June 20, 2017
  • October 10, 2017
  • February 13, 2018
2/15/2017 1:33 PM
The June 20, 2017 dynamic salary update is now live.

Spreadsheets have also been updated, see links a few posts above.

Salary Snapshot page (available on right side of Team Center page) is also live showing top increases/decreases.
6/20/2017 5:04 PM
The October 26, 2017 dynamic salary update is now live.

Spreadsheets have also been updated, see links a few posts above.

Salary Snapshot page (available on right side of Team Center page) is also live showing top increases/decreases.
10/26/2017 11:01 AM
Dynamic Pricing - Release Dates Topic

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