Playing in a 16 team AUction Draft Keeper league. trying to create Auction Values based off of projections that I am using and want to double check my math / formula.

(We will use QB has an example)

1) Calculate projected Fantasy points based on league scoring.

2) Then I calculate Value over Replacement #. I take the player who is the average replacement. For QB in this league (16 teams) I took the 24th ranked QB (1.5x Starting QBs in league). This is meant to be a guy I can pick up off waivers to "Replace" and thus creates the Value of said player. Thus in my rankings currently Carson Palmer is ranked 24th w 260 projected Fantasy points.

3) Value Over Replacement = Projected Fantasy Points - Carson Palmers Projected Fantasy Points (I.E. Drew Brees 427 - 260 = 167. or Luck - 356- 260 = 96).

4) After doing this for all positions I add up the Value over Replacement of ALL players (Anyone w negative value goes to 0 since they wont be drafted. (In my projections this number was 13765)

5) Calculate the total available auction $s. My league this was 2896. 3200 - 16*19($1 min for each roster spot is auto spent)

6) next take Total Auction $ / Total Value Over Replacement = 2896/13765 = Price / Value point = .21

7) Multiply each players Value over Replacement # by .21 to gain Auction Value.

EXAMPLE DREW BREES

projected 427 total Fantasy Points. Carson Palmer the 24th ranked QB projected 260 points. Value over Replacement = 167. 167 x .21 = $35.

THoughts?