Each week I try to do something a little bit different with this column. A month ago most of us all had Kurt Warner atop our QB projections list. Now that he is out for 8-10 weeks, his value is significantly less. In other words, he has lost equity. If you drafted Kurt in the first round like many owners did, you know that his value is at all-time low this week.

So how do we calculate equity? This in itself is extremely tricky because real equity is based on when you drafted each player compared to what their worth is now. Since every fantasy draft is different, I had to define a starting point to calculate equity.

Using myfantasyleague.com and looking at drafts completed after August 25th where a player was taken at least 50 times, I ranked each of the QBs, RBs, WRs and TEs based on average draft position. Then using values from our Top 200 Forward I assigned values to each of the positions relative ranking based on the values used now. In other words, Kurt Warner was the number ranked QB then so he had a value of 1500. Donovan McNabb is now considered the number 1 QB so he has a value of 1500 now. Comparing then and now numbers, I was able to calculate equity by subtracting Then Values from Now Values. Positive Equity is good while negative equity is bad.

Players unranked in either list were set to 1.

I shall call this Average Equity. If you were able to draft these players later than the average draft, you have created more equity than is calculated. If you drafted these players earlier than the average draft, then you have less equity in the players.

Week 4 Average Equity
Rank Player Team Pos Preseason
MFL Rank		 Value
Then		 Current
Rank		 Value
Now		 Equity
1 Tom Brady NEP QB 15 525 3 1340 815
2 Donald Driver GBP WR 57 130 13 945 815
3 Jamel White CLE RB 48 51 23 770 719
4 Lamar Smith CAR RB 36 345 19 890 545
5 Charlie Garner OAK RB 27 630 14 1105 475
6 Drew Bledsoe BUF QB 11 755 5 1190 435
7 Randy McMichael MIA TE 18 34 5 445 411
8 Marty Booker CHI WR 22 730 8 1120 390
9 Peerless Price BUF WR 31 525 14 910 385
10 Jamie Martin STL QB unranked 1 18 375 374
11 Trent Dilfer SEA QB 25 154 15 525 371
12 Travis Henry BUF RB 22 805 13 1145 340
13 Moe Williams MIN RB unranked 1 37 315 314
14 Donovan McNabb PHI QB 5 1190 1 1500 310
15 Ladainian Tomlinson SDC RB 9 1310 4 1610 300
16 David Patten NEP WR 72 40 41 335 295
17 Steve Smith CAR WR unranked 1 45 275 274
18 Amani Toomer NYG WR 27 605 16 875 270
19 Priest Holmes KCC RB 5 1540 1 1800 260
20 Curtis Conway SDC WR 30 545 19 805 260
21 Eddie Kennison KC WR unranked 1 46 260 259
22 Corey Bradford HOU WR 61 95 40 350 255
23 Brian Finneran ATL WR 56 140 38 385 245
24 Deuce McAllister NOS RB 12 1185 7 1420 235
25 Todd Heap BAL TE 11 100 6 335 235
26 Aaron Brooks NOS QB 7 1040 4 1265 225
27 Kerry Collins NYG QB 21 255 16 475 220
28 Hines Ward PIT WR 34 465 24 680 215
29 Jimmy Smith JAC WR 12 1000 5 1210 210
30 Tim Couch CLE QB 17 425 13 635 210
31 Fred Taylor JAC RB 14 1105 9 1310 205
32 Jeremy Shockey NYG TE 4 545 2 745 200
33 Troy Brown NEP WR 19 805 12 1000 195
34 Eric Moulds BUF WR 10 1060 4 1250 190
35 Warrick Dunn ATL RB 29 560 24 735 175
36 Az-zahir Hakim DET WR 51 190 39 365 175
37 Jonathan Wells HOU RB 42 170 36 345 175
38 Chad Pennington NYJ QB unranked 1 24 174 173
39 Tiki Barber NYG RB 23 770 18 940 170
40 Jim Miller CHI QB 29 94 21 255 161
41 Clinton Portis DEN RB 25 700 20 855 155
42 Donte' Stallworth NOS WR 45 275 36 425 150
43 Patrick Johnson JAC WR unranked 1 55 150 149
44 Rich Gannon OAK QB 8 970 6 1115 145
45 Brian Westbrook PHI RB unranked 1 43 145 144
46 Joey Harrington DET QB 30 84 22 225 141
47 Ricky Williams MIA RB 4 1610 2 1750 140
48 Brandon Stokely BAL WR unranked 1 56 140 139
49 Eric Johnson SFO TE 10 130 7 260 130
50 Alge Crumpler ATL TE 17 40 9 170 130
51 Deion Branch NE WR unranked 1 57 130 129
52 Jerry Rice OAK WR 23 705 18 830 125
53 James Thrash PHI WR 25 655 20 780 125
54 Darrell Jackson SEA WR 15 910 11 1030 120
55 Kevin Dyson TEN WR 36 425 30 545 120
56 De'shaun Foster CAR RB 34 405 30 525 120
57 Stacey Mack JAC RB 38 285 34 405 120
58 Willie Jackson ATL WR 50 200 42 320 120
59 Todd Pinkston PHI WR unranked 1 58 120 119
60 Michael Vick ATL QB 14 580 12 695 115
61 Quincy Morgan CLE WR 70 50 54 160 110
62 Kevin Lockett WAS WR unranked 1 59 110 109
63 James Stewart DET RB 30 525 27 630 105
64 Kevan Barlow SFO RB 32 465 29 560 95
65 Jay Fiedler MIA QB 19 330 17 425 95
66 Najeh Davenport GB RB unranked 1 45 95 94
67 Rodney Peete CAR QB unranked 1 29 94 93
68 Javon Walker GBP WR 64 80 53 170 90
69 Peyton Manning IND QB 3 1340 2 1420 80
70 Stephen Davis WAS RB 13 1145 11 1225 80
71 Jamal Lewis BAL RB 19 890 17 970 80
72 Amos Zereoue PIT RB 43 145 40 225 80
73 Marcel Shipp ARI RB unranked 1 46 75 74
74 Josh Reed BUF WR unranked 1 65 75 74
75 Chris Redman Bal QB unranked 1 31 74 73
76 Marvin Harrison IND WR 3 1410 2 1480 70
77 Mikhael Ricks DET TE unranked 1 13 70 69
78 Andre' Davis CLE WR unranked 1 66 70 69
79 Patrick Ramsey Was QB unranked 1 32 66 65
80 Edgerrin James IND RB 6 1480 5 1540 60
81 Terrell Owens SFO WR 2 1480 1 1540 60
82 Richard Huntley DET RB unranked 1 47 61 60
83 Ike Hilliard NYG WR 46 260 43 305 45
84 Jerome Pathon NOS WR 53 170 49 215 45
85 Robert Edwards MIA RB unranked 1 50 42 41
86 Anthony Thomas CHI RB 11 1225 10 1265 40
87 Joe Horn NOS WR 7 1150 6 1180 30
88 Rickey Dudley TB TE unranked 1 19 29 28
89 Shawn Bryson BUF RB unranked 1 52 27 26
90 Troy Hambrick DAL RB 45 95 44 120 25
91 Itula Mili SEA TE unranked 1 20 25 24
92 Qadry Ismail IND WR 29 565 28 585 20
93 Tim Dwight SDC WR 71 45 67 65 20
94 Lamar Gordon STL RB unranked 1 53 20 19
95 Anthony Becht NYJ TE 19 29 16 47 18
96 Schlesinger Cory DET RB unranked 1 55 11 10
97 Tony Gonzalez KCC TE 1 985 1 985 0
98 Kevin Johnson CLE WR 17 845 17 845 0
99 Steve McNair TEN QB 10 820 10 820 0
100 Joey Galloway DAL WR 33 485 33 485 0
101 Mark Brunell JAC QB 20 290 20 290 0
102 Quincy Carter DAL QB 28 104 28 104 0
103 Oronde Gadsden MIA WR 62 90 63 85 -5
104 Kyle Brady JAC TE 20 25 22 18 -7
105 Tony Richardson KCC RB 50 42 51 34 -8
106 Chris Fuamatu-Ma'afala PIT RB 55 11 58 1 -10
107 Stephen Alexander SDC TE 21 21 25 9 -12
108 Travis Minor MIA RB 54 15 58 1 -14
109 Lamont Jordan NYJ RB 47 61 49 42 -19
110 Ricky Watters FA RB 53 20 58 1 -19
111 Keenan McCardell TBB WR 28 585 29 565 -20
112 Dez White CHI WR 58 120 60 100 -20
113 Reggie Wayne IND WR 66 70 70 50 -20
114 Wesley Walls CAR TE 12 80 15 54 -26
115 Lamar Gordon STL RB 52 27 58 1 -26
116 Jay Riemersma BUF TE 14 62 18 34 -28
117 Rod Smith DEN WR 6 1180 7 1150 -30
118 David Sloan NOS TE 13 70 17 40 -30
119 Ken Dilger TBB TE 16 47 23 15 -32
120 Ernie Conwell STL TE 15 54 21 21 -33
121 Jamal Anderson FA RB 51 34 58 1 -33
122 Larry Centers BUF RB 49 42 56 8 -34
123 Chad Lewis PHI TE 9 170 10 130 -40
124 Brad Johnson TBB QB 18 375 19 330 -45
125 Bill Schroeder DET WR 41 335 44 290 -45
126 Antwaan Randle El PIT WR 47 245 50 200 -45
127 Drew Brees SDC QB 23 200 25 154 -46
128 Michael Pittman TBB RB 20 855 22 805 -50
129 Rod Gardner WAS WR 24 680 26 630 -50
130 David Carr HOU QB 26 134 30 84 -50
131 Bobby Shaw JAC WR 67 65 77 15 -50
132 Ashley Lelie DEN WR 69 55 unranked 1 -54
133 Trent Green KCC QB 13 635 14 580 -55
134 Darnay Scott DAL WR 68 60 unranked 1 -59
135 Muhsin Muhammad CAR WR 32 505 35 445 -60
136 James Allen HOU RB 39 255 41 195 -60
137 Mike Anderson DEN RB 46 75 54 15 -60
138 Gus Frerotte CIN QB 32 66 48 1 -65
139 Chris Weinke CAR QB 31 74 45 6 -68
140 Thomas Jones ARI RB 26 665 28 595 -70
141 Derrius Thompson WAS WR 65 75 unranked 1 -74
142 Eddie George TEN RB 10 1265 12 1185 -80
143 Jabar Gaffney HOU WR 63 85 unranked 1 -84
144 Olandis Gary DEN RB 35 375 38 285 -90
145 Koren Robinson SEA WR 42 320 48 230 -90
146 Wayne Chrebet NYJ WR 52 180 62 90 -90
147 Antonio Bryant DAL WR 60 100 unranked 1 -99
148 Marcus Pollard IND TE 2 745 3 645 -100
149 Bubba Franks GBP TE 3 645 4 545 -100
150 David Terrell CHI WR 54 160 68 60 -100
151 Michael Westbrook CIN WR 55 150 71 45 -105
152 Robert Ferguson GBP WR 59 110 unranked 1 -109
153 Danny Wuerffel WAS QB 27 119 48 1 -118
154 Dorsey Levens PHI RB 44 120 58 1 -119
155 Marshall Faulk STL RB 1 1800 3 1680 -120
156 Torry Holt STL WR 5 1210 9 1090 -120
157 Tim Brown OAK WR 11 1030 15 910 -120
158 T.J. Duckett ATL RB 31 495 35 375 -120
159 Frank Wycheck TEN TE 8 220 11 100 -120
160 D'wayne Bates MIN WR 49 215 61 95 -120
161 Shane Matthews WAS QB 24 174 34 53 -121
162 Brian Griese DEN QB 9 880 11 755 -125
163 Chris Chambers MIA WR 18 830 23 705 -125
164 Laveranues Coles NYJ WR 26 630 32 505 -125
165 J.J. Stokes SFO WR 43 305 52 180 -125
166 Randy Moss MIN WR 1 1540 3 1410 -130
167 Tyrone Wheatley OAK RB 41 195 48 51 -144
168 Emmitt Smith DAL RB 28 595 33 435 -160
169 Duce Staley PHI RB 21 840 26 665 -175
170 Derrick Alexander MIN WR 39 365 51 190 -175
171 Plaxico Burress PIT WR 14 910 22 730 -180
172 David Boston ARI WR 4 1250 10 1060 -190
173 Freddie Jones ARI TE 7 260 14 62 -198
174 Antonio Freeman PHI WR 35 445 47 245 -200
175 Santana Moss NYJ WR 48 230 76 20 -210
176 Ron Dayne NYG RB 40 225 57 5 -220
177 Vinny Testaverde NYJ QB 22 225 46 4 -221
178 Daunte Culpepper MIN QB 4 1265 7 1040 -225
179 Antowain Smith NEP RB 15 1065 21 840 -225
180 Shannon Sharpe DEN TE 5 445 8 220 -225
181 Ed McCaffrey DEN WR 21 755 31 525 -230
182 Brett Favre GBP QB 6 1115 9 880 -235
183 Byron Chamberlain MIN TE 6 335 12 80 -255
184 Mike Alstott TBB RB 33 435 42 170 -265
185 Ahman Green GBP RB 2 1750 6 1480 -270
186 Garrison Hearst SFO RB 17 970 25 700 -270
187 Jake Plummer ARI QB 16 475 23 200 -275
188 Jacquez Green WAS WR 44 290 unranked 1 -289
189 Derrick Mason TEN WR 13 945 25 655 -290
190 Corey Dillon CIN RB 8 1360 15 1065 -295
191 Peter Warrick CIN WR 40 350 69 55 -295
192 Travis Taylor BAL WR 38 385 64 80 -305
193 Trung Canidate STL RB 37 315 58 1 -314
194 Johnnie Morton KCC WR 20 780 34 465 -315
195 Shaun Alexander SEA RB 3 1680 8 1360 -320
196 Isaac Bruce STL WR 9 1090 21 755 -335
197 Marcus Robinson CHI WR 37 405 72 40 -365
198 Curtis Martin NYJ RB 7 1420 16 1025 -395
199 Jeff Garcia SFO QB 2 1420 8 970 -450
200 Terry Glenn GBP WR 16 875 37 405 -470
201 Michael Bennett MIN RB 18 940 32 465 -475
202 William Green CLE RB 24 735 39 255 -480
203 Keyshawn Johnson TBB WR 8 1120 27 606 -514
204 Jerome Bettis PIT RB 16 1025 31 495 -530
205 Kordell Stewart PIT QB 12 695 27 119 -576
206 Kurt Warner STL QB 1 1500 26 134 -1366