Almost every manager in my league had three chances to draft this guy. But nobody invested points, me included, into the draft. You can make a steal, even if you are going for the championship. It depends on your league and the managers in it, not the points.
Very good point - if I'm drafting in the top 10 I'm always spending some points - to have at least 1-2 targets on the top of my list - trying my luck - a player selling for more than what was spent on points is already bank, and if that HOF pops in, huge win. Outside of top 10 I'm also spending, just less