Tiers are used in fantasy sports to help owners categorize players beyond simple rankings. While rankings provide a sequential list of players, tiers group players in a way that indicates a comparable level of performance or value. This is especially helpful during drafts, as it allows owners to make informed decisions based on the relative value of players available in the same tier.
Effective use of tiers involves understanding not just the talent of the players, but also their potential for consistency, injury risk, and upside. Tiers help in identifying when to draft a player or when to wait, based on the depth of talent available in a particular tier. This strategy is often used to maximize value and avoid reaching for players too early in the draft.