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From 100 to 1000 #15: The game has changed

By on February 29, 2016

With a month and a half to go, things have really changed in the challenge. From this point on, I am looking at one thing, and one thing only- maximizing my bankroll heading into the auction. I only want players that either A). Will make me a huge bonus, and then sell well on the auction, B) Will go for more on the auction than I paid for them, or C) Just sit on a pile of cash. I want to be selling any player that has a risk of not earning what I want them to on the portfolio auction. I want my buys to only be the greatest players possible. With that in mind, lets look at my last few moves. First I sold Okafor for $15. That is a crazy cheap price, however I couldn’t pass up the easy $7 here. I then sold my newly acquired Klay Thompson for $20. I peg his value at closer to $25 or $30, but again I was trying to clear as much money as possible as quickly as possible. Next, I took advantage of the February only buybacks to sell my 4 Randle shares for $0.10 each. Believe me, I do so with tears streaming down my cheeks. Clearly Randle was a mistake, but I still think the idea behind the buy was correct- it just crashed and burned in spectacular fashion. I think it very easily could have went the other way. It’s too bad I didn’t follow my heart and go hard after my pre-season favorite David Johnson instead. That move/mistake probably cost me $50-100 in cash or forward momentum.

I currently have $39.77 sitting in the account. Honestly, with how the market is at the moment, I don’t foresee myself spending much of it at this time. I don’t see a player on the market worth risking a dive into right before the auction. The only way that will change is if a really undervalued guy is listed or if I think I can make some quality bonus money or a very quick turnaround on a player.

Some people might wonder if I am going to sell Kahwai Leonard for a small $1.50 gain. I do not feel Kahwai is priced correctly on the market. I will not consider selling him under $20. At this time I am also not considering selling Jason Kipnis, Danilo Gallinari, or Jae Crowder, though I am closer to pulling the trigger on these guys. I think $500 is out of my reach at this point, but if I am going to fail, I am going to fail with as much profit as possible!

I hope you have been enjoying my journey. I will have at least one, probably two more articles about what I am doing before the final sell off, then I will post about the final portfolio auction as well. This has been really fun for me. If you have been enjoying it please post about it in the comments so I can know to try something like this again.

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4 Comments

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  3. Jockbrokers

    February 29, 2016 at 11:28 am

    I may be wrong Justin, but consider this. The top 5 players in terms of seasonal payouts if the season ended today are:

    Curry
    Durant
    Harden
    Westbrook
    Leonard

    Kahwai is also two to three years younger than these guys. I feel Kahwai is due for a market correction. I would guess he is going to end at $2.50 or $3.50 in bonuses to end the year. I think once people start realizing that, and how young he still is, we will start seeing the price rise. There is no reason Paul George can sell at $20, but Kahwai does not for example.

  4. Justin

    February 29, 2016 at 11:11 am

    Have you ever considered that you are too high on Leonard? Kipnis will have more value as the season heats up but your NBA players may not be as attractive. You should dump them asap if you are able to profit and maybe even if you cannot.

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