In 2017, Forbes estimated the NBA made around $5.9 billion dollars in revenue the previous season, with each individual franchise worth an average of $1.36 billion; both figures were up from the year before. The ability to successfully draft players plays a crucial role in a franchise’s ability to be successful by winning championships and increase the worth of the franchise, this fact is only magnified in the smaller markets. A small market is a franchise that is in a smaller metropolitan area, the Memphis Grizzles or the Indiana Pacers for example. This paper examines the value of the top-tier draft picks with respect to change in team wins the following three years, while controlling for changes in labor contracts. Results indicate that there is greater value in picks one through eight.