Why isn’t Tyreek Hill being drafted higher after being the #1 receiver in standard and PPR last year?

Bingo (well, mostly). Tyreek is much more volatile than these others guys... except Michael Thomas. I dug into this and realized that Mike Thomas is almost as volatile as Tyreek (all the below numbers are for PPR; note that each WR played 16 games except for Davante Adams, who missed the finale vs Detroit):

Category DeAndre Hopkins Tyreek Hill Davante Adams Julio Jones Michael Thomas
Mean 20.97 20.94 22.04 20.62 19.78
Standard Dev. 7.60 12.35 4.92 7.46 10.14
Max 39 43.5 35.2 30.6 39.1
Min 12.4 6.0 16.0 3.8 7.8
Weeks 30+ points 2 4 1 1 3
Weeks 10 or fewer points 0 3 0 1 4

As we can see, Tyreek by far has the highest standard deviation in weekly PPR scoring among these top 5 WRs. Mike Thomas isn't far behind, with Davante being the paragon of consistency.

Of course, with Tyreek's volatility comes a great ceiling, with 25% of his games going for 30 or more points, including a chart-topping 10-215-2 line in the week 11 shootout @ LA Rams.

Looking at these numbers has firmly cemented Michael Thomas as the least valuable of the big 5. With 25% of his games coming in under 10 PPR points, the lowest average weekly total among the sample, coming off an insanely difficult-to-repeat efficiency season (a bonkers 85% catch rate) and playing for a New Orleans team that is very unlikely to be throwing the ball more, I'm very surprised that he's sitting at #3 among WRs on ADP calculator right now.

Another conclusion after having looked into this is that Davante has an argument to be the overall WR #1 off the board. With an outstanding floor of 16 PPR points per game and finishing just over 1 point better than Nuk on a per-game basis, he had a great year. PLUS, Aaron Rodgers played all year with an MCL sprain and Davante finished just 5 points away from being the #1 overall WR, despite not playing the season finale. I'll definitely be considering him as the #1 overall; getting him any later than WR2 is a coup.

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