The difference between a team's net rating when a player is on the floor and when he is off. A read on a player's actual effect on the team.
Box-score stats tell you what a player does. On/Off tells you what happens to the team because of him. A player who averages 8 points and 4 assists can look modest, but if the team is +12 per 100 possessions with him on and -5 with him off, he may be the most important man on the roster. On/Off cuts through role, usage and box-score noise to ask the most basic question in the sport: is this team better or worse with him out there?
ON/OFF = Team Net Rating with the player on the floor − Team Net Rating with him off it
A player with 400 minutes has seen maybe 600 to 700 possessions on the floor. Enough for a rough signal, not a verdict. Who he played with, who he played against, and when he sat can all bend the number. It steadies above 1,000 minutes.
A player on a dominant team shows a positive On/Off even if he adds little, because his teammates carry the load. A player on a weak team can show a flat or negative one while playing well, because the group cannot hold the lead when he rests. Always read On/Off next to the quality of his teammates and lineups.
On/Off often surfaces hidden value. Backup guards who set the tempo, versatile defenders who cover several positions, and steady bigs who anchor a rotation can all show strongly positive On/Off numbers on modest box scores. The reverse happens too: a high-usage scorer who dominates the ball can show a flat On/Off, because his scoring comes at the cost of everyone else's rhythm. The number rewards the players who make the four around them better.
On/off rating compares how a team performs with a player on the floor versus on the bench. It captures impact that never shows up in the box score, like spacing, screening and defensive attention.
Take the team's net rating while the player is on court and subtract its net rating while he sits. A positive number means the team is better with him out there.
It depends heavily on which teammates a player shares the floor with and on sample size. A backup can look great next to starters. Use on/off as a clue, confirmed against a full season, not proof on its own.