You can still grade the pick. Like, if they grabbed a seventh round prospect in the third round, at a position like say, RB, instead of an area of need..

A lot of people are interested in learning about draft picks, especially ones they don't know about. That's why people do the "grades." Something to write about + giving people insight = page views and something to do.

Sure, they may be busts, but still. As it stands right now, grading a player is no different than 6,000 posts saying "I like this guy" or "Bad choice imo." Instead, you're just giving a letter on how much you like or don't like a player/pick.

Kinda like a power ranking, but for draft picks.

No one is grading the player based on his NFL performance. The grade is for how good of a prospect does he appear to be, how does he fit with your teams scheme, how does he fit your teams needs, how risky is the pick, could you have picked the same player later, should the player have been picked sooner, etc.

Its a draft grade based on a consensus of information known about the prospect.

If you picked a CB in the 1st round who was projected as a UDFA at 5'-7" and ran a 4.9 40 yard dash, I'd give that selection an F.

If you picked up Andrew Luck in the 3rd round, I'd give that selection an A.