What ARC v3 is
ARC v3 is the third and latest model of Adjusted Regularized Contribution: an expected value prior Bayesian RAPM (EV-RAPM).
ARC v3 is built on 29 seasons of play-by-play (1997–98 to 2025–26): 33,735 games, 835,979 stints, 6.3 million possessions and 6.7 million points, across 2,781 players.
Whereas the prior renditions of ARC (ARC v1 and v2) standardized the box-score valuation and RAPM separately and added them together with z-scored weights outside the solve, ARC v3 is Bayesian. It uses the box-score valuation as a starting estimate of a player's skill, a prior, within the solve. The more evidence a player has, through his minutes and lineup data, the more he can deviate from the expected-point valuation of his box-score actions.
This Bayesian blend treats the actualized production of a player as foundational context, then adds the signal on/off data provides. The abstraction on/off data provides fills in the pieces of context the box-score valuation may have missed, in direct proportion to how much evidence there is.
Instead of fitting box-score actions to RAPM, ARC prices the added possession value of every box-score action (r = .56 with RAPM over the same seasons).
Why count instead of fit → Expected Box Value RAPM