I hate the use of the phrase “market inefficiency” when it is applied to basketball players. It’s kind of like “Beer! It’s not just for breakfast any more!” It’s funny the first time and the second time. But after that…well, it’s still funny.
Ok, I don’t have a point there. I just like beer. But, market inefficiency is an overplayed metaphor. I think it is a way for people covering the sport to say “Talent! We don’t know it when we see it!”