I read an interesting article about the importance of steals in the NBA last night. The writer, Benjamin Morris, measured the performance of teams with and without certain players. He compared the team's points per game with and without the player to the player's average stats and a replacement player's average stats; the chart below shows his results. For example, if a team is playing without a player that gets 12 rebounds per game who is being replaced by a player with just 2 rebounds per game, the team will probably average 17 fewer points.
As you can see in this chart, a steal is 9 times more valuable than a point! It's high value is understandable, as a steal will almost always result in two easy points in the resulting fast-break scoring opportunity and also shifts the momentum, but it's amazing that such an overlooked stat is so valuable. It's easier to glorify high-scoring players because the numbers are so much grander; Kevin Durant is leading the league with 32.2 points per game, while Chris Paul leads the league in steals with 2.53 steals per game. But let's look at the stats of these two players with the logic of this chart:
Durant:
32.2 PPG
1.3 STLPG
0.8 BLKPG
5.6 APG
7.6 RPG
3.6 TOPG
32.2(1) + 1.3(9.1) + 0.8(6.1) + 5.6(2.2) + 7.6(1.7) - 3.6(5.4) = 54.71
Chris Paul:
18.5 PPG
2.5 STLPG
0.1 BLKPG
11.0 APG
4.3 RPG
2.4 TOPG
18.5(1) + 2.5(9.1) + 0.1(6.1) + 11(2.2) + 4.3(1.7) - 2.4(5.4) = 60.41
With the logic of a player's contributions compared to a replacement player, it seems like our own Chris Paul of the Los Angeles Clippers is an even better player than Kevin Durant, the leading MVP candidate!