Calculating Win Shares
I. Introduction
Stealing a page from baseball's Bill James, I decided to attempt to
calculate basketball Win Shares. This article will describe how I came up
with the Win Shares system for basketball. If you believe that any
attempt to attribute team success to individual players is an abomination,
then read no further, as this article will be of no interest to you.
II. What is a Win Share?
Bill James developed his system such that one win is equivalent to three
Win Shares. My system deviates from James's system in three key ways:
- In James's system, one win is equivalent to three
Win Shares. In my system, one win is equivalent to one Win Share.
- James made team Win Shares directly proportional to
team wins. In his system, a baseball team that wins 80 games will have
exactly 240 Win Shares, a baseball team that wins 90 games will
have exactly 270 Win Shares, etc. In my system, a basketball
team that wins 50 games will have about 50 Win Shares, give or
take.
- James did not allow for the possibility of negative
Win Shares. In his system, the fewest number of Win Shares a player can
have is zero. In my system, a player can have negative Win Shares. I
justify this by thinking about it in the following way: a player with
negative Win Shares was so poor that he essentially took away wins that
his teammates had generated.
III. Crediting Offensive Win Shares to Players
A. 1977-78 to present NBA
Offensive Win Shares are credited to players based on Dean Oliver's points
produced and offensive possessions. The formulas are quite detailed, so I
would point you to Oliver's book Basketball on Paper for
complete details. The process for crediting Offensive Win Shares is
outlined below (using LeBron James
of the 2008-09 Cleveland Cavaliers as
an example):
- Calculate points produced for each
player. In 2008-09, James had an estimated 2345.9 points
produced.
- Calculate offensive possessions for each
player. James had an estimated 1928.1 offensive possessions in
2008-09.
- Calculate marginal offense for each
player. Marginal offense is equal to (points produced) - 0.92 *
(league points per possession) * (offensive possessions). For James this
is 2345.9 - 0.92 * 1.083 * 1928.1 = 424.8. Note that this formula may
produce a negative result for some players.
- Calculate marginal points per win.
Marginal points per win reduces to 0.32 * (league points per game) * ((team
pace) / (league pace)). For the 2008-09 Cavaliers this is 0.32 * 100.0 *
(88.7 / 91.7) = 30.95.
- Credit Offensive Win Shares to the
players. Offensive Win Shares are credited using the following
formula: (marginal offense) / (marginal points per win). James gets
credit for 424.8 / 30.95 = 13.73 Offensive Win Shares.
B. 1973-74 to 1976-77 NBA
The NBA did not track player turnovers until the 1977-78 season, and player
turnovers are needed to calculate player possessions. However, the NBA
did track turnovers at the team level from 1973-74 to 1976-77. Since
player turnovers are the only thing holding us back from using the method
outlined above, I have chosen to estimate player turnovers for this time
period. Player turnovers are estimated as follows (using Kareem Abdul-Jabbar of the 1976-77 Los Angeles Lakers as an example):
- Obtain an initial estimate of the player's
turnovers. To do this use the following formula:
-0.0005075172 * (minutes played) * (player age)
- 0.0873982755 * (field goals)
+ 0.0925506598 * (field goal attempts)
+ 0.1566322510 * (free throw attempts)
+ 0.0449241773 * (total rebounds)
+ 0.2321637159 * (assists)
+ 0.2040169400 * (personal fouls)
Note that if this number is less than zero, then it should be rounded up to
zero. Plugging Abdul-Jabbar's statistics into the formula above we get an
estimate of 280.316 turnovers.
- Find the sum of estimated turnovers for the
players on the given team. The sum for the players on the 1976-77
Lakers is 1448.057.
- Calculate the player's share of this
total. Abdul-Jabbar's share of the team total is 280.316 /
1448.057 = 0.194.
- Multiply the team's turnovers (adjusted for
team turnovers) by the player's share. As mentioned, the NBA
tracked turnovers at the team level in these seasons. However, the team
totals include team turnovers (i.e., turnovers that are not attributed to
an individual player). Thus, we multiply the team's turnovers by 0.985,
then multiply this adjusted figure by the player's share. For
Abdul-Jabbar this is 1538 * 0.985 * 0.194 = 293.9, which we round up to
294.
Now that we have this estimate, the method above is used to complete the
calculation of Offensive Win Shares.
C. 1951-52 to 1972-73 NBA
Because so many statistics are missing prior to the 1973-74 season
(offensive rebounds, turnovers, etc.), we will not use Oliver's points
produced and offensive possessions for this time period, although the
basic framework will remain the same. Here is the process for crediting
Offensive Win Shares prior to the 1973-74 season (using Oscar Robertson of the 1964-65 Cincinnati Royals as an example):
- Calculate the player's modified
points. The formula is:
2.0 * (field goals) * (1 - ((team assists) / (team field goals)))
+ 1.5 * (field goals) * ((team assists) / (team field goals))
+ 1.0 * (free throws)
+ 0.5 * (assists)
Plugging Robertson's statistics into the formula above we get 2495.93 modified
points.
- Calculate the player's modified shot
attempts. The formula is:
1.00 * (field goals) * (1 - ((team assists) / (team field goals)))
+ 0.50 * (field goals) * ((team assists) / (team field goals))
+ 1.00 * ((field goal attempts) - (field goals))
+ 0.44 * (free throw attempts)
+ 0.50 * (assists)
Plugging Robertson's statistics into the formula above we get 2246.85 modified
shot attempts.
- Calculate league points per shot
attempt. League points per shot attempt is equal to (league
points) / (league field goal attempts + 0.44 * (league free throw
attempts)). For the 1964-65 NBA this is 79641 / (71882 + 0.44 * 25604) =
0.9578.
- Calculate marginal offense for each
player. Marginal offense is equal to (modified points) - 0.92 *
(league points per shot attempt) * (modified shot attempts). For Robertson
this is 2495.93 - 0.92 * 0.9578 * 2246.85 = 515.06. Note that this formula
may produce a negative result for some players.
- Calculate marginal points per win.
Marginal points per win reduces to 0.16 * (team points per game + opponent
points per game). For the 1964-65 Royals this is 0.16 * (114.2 + 111.9) =
36.176.
- Credit Offensive Win Shares to the
players. Offensive Win Shares are credited using the following
formula: (marginal offense) / (marginal points per win). Robertson gets
credit for 516.06 / 36.176 = 14.27 Offensive Win Shares.
Crediting Defensive Win Shares to Players
A. 1973-74 to present NBA
Crediting Defensive Win Shares to players is based on Dean Oliver's
Defensive Rating. Defensive Rating is an estimate of the player's points
allowed per 100 defensive possessions (please see Oliver's book for
further details). Here is a description of the process (once again using
LeBron James in 2008-09 as an example):
- Calculate the Defensive Rating for each
player. James's Defensive Rating in 2008-09 was 99.1.
- Calculate marginal defense for each
player. Marginal defense is equal to (player minutes played /
team minutes played) * (team defensive possessions) * (1.08 * (league
points per possession) - ((Defensive Rating) / 100)). For James this is
(3054 / 19780) * 7341 * ((1.08 * 1.083) - (99.1 / 100)) = 202.5. Note
that this formula may produce a negative result for some players.
- Calculate marginal points per win.
Marginal points per win reduces to 0.32 * (league points per game) * ((team
pace) / (league pace)). For the 2008-09 Cavaliers this is 0.32 * 100.0 *
(88.7 / 91.7) = 30.95.
- Credit Defensive Win Shares to the
players. Defensive Win Shares are credited using the following
formula: (marginal defense) / (marginal points per win). James
gets credit for 202.5 / 30.95 = 6.54 Defensive Win Shares.
B. 1951-52 to 1972-73 NBA
Prior to the 1973-74 season, the NBA did not track defensive rebounds,
steals, or blocks, so allocating defensive credit is a difficult task.
Nevertheless, here is the process for crediting Defensive Win Shares in
those seasons (once again using Robertson in 1964-65 as an example):
- Calculate team marginal defense.
Team marginal defense is equal to 1.08 * (league points per shot attempt)
* (team field goal attempts + 0.44 * (team free throw attempts)) -
(opponent points). If you're wondering why we're using team shot attempts
as opposed to opponent shot attempts, the answer is (a) we don't have
opponent shot attempts prior to 1970-71 and (b) the system works better
using team shot attempts. For the 1964-65 Royals we get 1.08 * 0.9578 *
(7797 + 0.44 * 2866) - 8952 = 417.854.
- Calculate the player's share of the team's
marginal defense. The player's share of the team's marginal
defense is equal to 0.25 * ((minutes played) / (team minutes played)) +
0.5 * ((total rebounds) / (team total rebounds)) + 0.25 * ((assists) /
(team assists)). How did I get those weights? Modern Defensive Win Shares
are most dependent on minutes played, defensive rebounds, steals, and
blocks. I regressed DWS on those stats and then found the relative
importance of each regressor (approximately 25% for minutes played, 35%
for defensive rebounds, 25% for steals, and 15% for blocks). Since those
defensive statistics are not available for past seasons, I used total
rebounds as a proxy for defensive rebounds and blocks, and assists as a
proxy for steals. A couple more notes: (1) prior to the 1964-65 season,
team minutes played were not an official statistic, so for those seasons
estimate the team's minutes played using the formula 5 * 48 * (team games)
+ 125; and (2) prior to the 1967-68 season, team total rebounds included
team rebounds, so to account for this multiply the team total by 0.875.
Getting back to our example, Robertson's share on the 1964-65 Royals is
equal to 0.25 * (3421 / 19325) + 0.5 * (674 / (0.875 * 5387)) + 0.25 *
(861 / 1843) = 0.2325.
- Calculate marginal defense for each
player. Marginal defense is equal to (team marginal defense) *
(player share). For Robertson this is 417.854 * 0.2325 = 97.151. Note
that this formula may produce a negative result for some players.
- Calculate marginal points per win.
Marginal points per win reduces to 0.16 * (team points per game + opponent
points per game). For the 1964-65 Royals this is 0.16 * (114.2 + 111.9) =
36.176.
- Credit defensive Win Shares to the
players. Defensive Win Shares are credited using the following
formula: (marginal defense) / (marginal points per win). Robertson gets
credit for 97.151 / 36.176 = 2.69 Defensive Win Shares.
Putting It All Together
The final step of the process is to add Offensive Win Shares to Defensive
Win Shares. In our examples, LeBron James's total in 2008-09 is 13.73 +
6.54 = 20.27 Win Shares and Oscar Robertson's total in 1964-65 is 14.27 +
2.69 = 16.96 Win Shares.
Does This Work?
Because this metric is designed to estimate a player's contribution in
terms of wins, it makes sense to see if the sum of player Win Shares for a
particular team closely matches the team win total. For the 2008-09
Cavaliers the sum of player Win Shares is 67.9, while the team win total
is 66, an error of 66 - 67.9 = -1.9 wins. For the 1964-65 Royals the sum
of player Win Shares is 43.5, while the team total is 48, an error of 48 -
43.5 = 4.5 wins. These errors are actually close to the "typical" error;
looking at all NBA teams since the 1962-63 season (the last season we have
complete player splits), the average absolute error is 2.74 wins and the
root mean squared error is 3.41 wins.
Feedback
If you have any comments or questions about the Win Shares methodology,
please send me some feedback.
Revision History
Version 2.1
- Changed the calculation of marginal points per win. Prior to this update
the league average marginal points per win was used for all players, but
now the pace-adjusted league average is used instead.
Version 2.0
- Extended Win Shares back to the 1951-52 NBA season.
Version 1.1
- Changed the ratio of Win Shares to team wins from 3:1 to 1:1.
- Removed the adjustment that forced team Win Shares to add up to team
wins.
- Modified the formulas to allow for the possibility of negative Win
Shares.
Version 1.0