Wilson discovered that as long as he maintained a minimum viable product in Buffalo, he was guaranteed to clear $30mm/yr. That's why he was never going to move the franchise. He couldn't get away with that anywhere else.
The biggest problem with the "analysis" is the presumption that buybacks starve capex and R&D investment, while ignoring the reality that internal investments are at all time highs too
The issue with the data is that the picks aren't weighted by the quality of the players in each draft class. A 1st round pick in one year is probably a 4th round pick in another year (yes, I'm looking at you EJ)