The Art of Dynasty | Chapter 5 (Iron Bank)

Building a dynasty fantasy football team requires strategic thinking and football acumen similar to planning a long military campaign. You must intimately understand your leaguemates’ rosters and tendencies, diligently prepare for the rookie draft and waiver wire, and thoughtfully craft a balanced yet versatile roster aligned to your vision. Knowing when to push all chips to the table for a title run or temporarily rebuild for sustained excellence is equally critical. The finest dynasty owners combine sharp situational analysis with statistical rigor and old-fashioned football study to construct juggernauts that dominate their leagues for years.

This guide outlines core tenets to help you architect a formidable roster poised for both immediate and enduring success. By internalizing essential dynasty strategies around planning, preparation, roster construction, and pivoting between competing goals, you too can rule over your leaguemates year after year like a battle-tested emperor of old.

  1. Startup Drafts
  2. Roster Construction
  3. Ideal Archetypes
  4. Ship Chasing
  5. Iron Bank
  6. Rookie Pick Values
  7. Rookie Drafts
  8. Trading
  9. Roster Management
  10. Bayesian Inference
  11. Startup Supreme
  12. Roster Crunch
  13. Trade Assessment
  14. Productive Struggle
  15. Game Theory
  16. Startup Trades & Pick Swaps
  17. Winning the Offseason
  18. Rebuild Roadmap
  19. Revanche
  20. Kingdom Come

Stockpiling the Iron Bank

Whether you’ve perfectly executed a startup draft by moving back for rookie draft capital or traded away veterans for young building blocks and assets, you have a head start on stockpiling what has been coined the “Iron Bank”.

The Iron Bank is a store of value of top dynasty assets which include elite players and future rookie draft picks. A storage of assets that can only appreciate in value and are (for the most part) immune to factors that negatively affect the value of those assets. Rookie draft picks, especially 1st round picks, are among the safest assets to own and are guaranteed to increase exponentially in value the closer you get to rookie drafts (see Chapter 6).

Key Characteristics of the Iron Bank

  1. Safety and Stability
    • Immunity to Risks: Draft picks don’t get injured, lose their starting jobs, or face off-field issues. They are inherently stable compared to player assets.
    • Guaranteed Appreciation: The closer you get to the rookie drafts, the more valuable these picks become due to rookie fever.
  2. Flexibility
    • Trading Power: Picks can be traded for elite veterans or additional draft capital, providing flexibility in roster construction.
    • Building Through the Draft: Alternatively, these picks can be used to add promising rookies to your team, ensuring a steady influx of young talent.

Strategic Acquisition of Rookie Picks

Whether a draft class is strong or weak, 1st round picks will always hold value and when a pick is on the clock, rookie fever inevitably reaches its peak. As I will later discuss, you can withdraw maximum trade values for picks during rookie drafts or add to your roster by making the picks following the Rookie Pick Cycle. Draft picks don’t get injured, lose their starting jobs, or don’t get publicly shamed/canceled. Consequently, draft picks are the safest asset to own and you always want to position yourself with as many appreciating assets as possible in dynasty fantasy football.

Trading is usually the quickest way to build a juggernaut roster but can also be a risky proposition if value is consistently lost in transactions. For example, many teams traded for James Robinson, giving up multiple draft picks in the process. If they were chasing a ship and were successful the point is moot. However, for those middling teams that just wanted to add depth or the next hyped player, they lost a decent amount of value in that transaction as time eventually proved. As we know, the Jaguars drafted Travis Etienne who has caused a dark cloud to loom over Robinson’s near and long-term fantasy prospects. I was bashed for trading JRob for a pair of 2022 2nds even though I knew my dynasty team would not compete last year.

The JRob move was risky but storing up iron assets for a quick reload has proved to be profitable, especially when I was able to snowball those picks during a recent rookie draft into more 2022 and 2023 picks. Now, I have the flexibility to either trade away those picks for elite veterans to make a title run or continue to build through rookie draft by trading or making picks. If you’re not a true contender, you need to recognize that and start building through Productive Struggle and Iron Bank principles. It’s all about the endgame and how you plan on getting there.

  1. Timing Your Trades
    • Buy Low: Acquire rookie picks during the NFL season or well in advance when their perceived value is lower. This allows you to get them at a discount.
    • Sell High: Trade rookie picks during the peak of rookie fever, usually just before or during the rookie draft, to maximize return on investment.
  2. Use Rookie Pick Cycles
    • Cycle Awareness: Understanding the rookie pick cycle helps you time your acquisitions and sales. Picks are cheapest during the season and most expensive during draft season.
    • Exploit Value Fluctuations: By buying picks when they are undervalued and selling when they are overvalued, you can consistently turn a profit

Building the Iron Bank

Getting picks more than a year out can be easily obtained as throw-ins for every trade you make. Today, many teams are looking to trade their 2022 and 2023 picks. Because you can argue that distant future picks are worth less due to time/value principles, 2023 rookie picks can be acquired at a discount and will undoubtedly skyrocket in value over the next year or so. By the time that class comes around in one or two years down the line, you will have accumulated an arsenal of rookie picks, allowing you to take complete control of that rookie draft. That is the ultimate goal of storing assets in the Iron Back – having a stockpile of 5 or 6 1st round picks accompanied by multiple 2nds.

  1. Initial Stockpile
    • Startup Draft Strategy: In your startup draft, trade back to accumulate as many mid-round picks and future draft picks as possible. This sets the foundation for your Iron Bank.
    • Trading Veterans: If your team is not in immediate contention, trade away aging veterans for rookie picks and younger players with upside.
  2. Ongoing Accumulation
    • Future Picks: Always aim to acquire future picks as throw-ins for every trade you make. Distant future picks (e.g., two years out) can often be obtained at a discount.
    • Value Appreciation: Future picks will increase in value as the draft approaches, allowing you to either use them or trade them for more immediate assets.

Practical Examples and Case Studies

Case Study 1: Trading James Robinson

  • Scenario: In the 2020 season, James Robinson was a breakout star. However, the Jaguars drafted Travis Etienne in 2021, reducing Robinson’s long-term value.
  • Action Taken: Traded James Robinson for two 2022 second-round picks before Etienne was drafted.
  • Outcome: The picks acquired were later used to draft high-upside rookies and further trade into more valuable 2023 picks, demonstrating the value of trading breakout players at peak value.

Case Study 2: Accumulating 2023 Picks

  • Scenario: In 2021, the 2023 rookie class was projected to be very strong.
  • Action Taken: Traded away mid-level veterans and 2021 second-round picks to accumulate multiple 2023 first-round picks.
  • Outcome: As the 2023 draft approached, the value of these picks skyrocketed, providing significant leverage to trade for elite veterans or dominate the rookie draft.

Strategic Trade Execution

  1. Building Value Through Trades
    • Win-Now Moves: If you are a contender, use your stockpiled picks to trade for elite veterans who can push you over the top.
    • Productive Struggle: If you are not in contention, focus on accumulating picks and young talent, setting up for future success.
  2. Maximizing Returns
    • Patience: Wait for the right moment to trade your picks. The value of a pick on the clock is often much higher than during the season.
    • Negotiation Tactics: Use the high demand for rookie picks to negotiate favorable trades. Highlight the potential of the upcoming draft class to drive up the value of your picks.

Maintaining Balance and Flexibility

  1. Avoiding Overcommitment
    • Balanced Roster: Maintain a balance between draft picks and proven players. This ensures you have a competitive team while still planning for the future.
    • Avoid Roster Cloggers: Be cautious about holding onto too many players who have peaked. Trade them while they still hold value.
  2. Flexibility in Strategy
    • Adapt to Market Trends: Stay informed about changes in player values and adjust your strategy accordingly. Be ready to pivot based on new information.
    • Consistent Evaluation: Regularly assess your roster and draft capital to ensure you are on track to achieve your long-term goals.

Stockpiling the Iron Bank involves strategic planning, timing your trades, and continuously accumulating value through draft picks. By understanding the rookie pick cycle and leveraging market fluctuations, you can build a dominant dynasty team.

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Chalk
Chalkhttp://theundroppables.com
The ringleader of The Undroppables, Chalk works in the shadows and behind the scenes of the brand. With a preference to remain a supporter and facilitator of the team’s influencers and personalities, Chalk’s focus is to ensure that The Machine stays well-oiled. With years of experience across dozens of leagues, Chalk brings deep and actionable insight to his fantasy football analysis. You can follow him on Twitter at @101chalk.

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