Prices
established production (two seasons)at the market’s own pay curve, in today’s cap dollars — not term, growth, aging, or negotiation.
How this worksContract Surplus
+$1.3Munderpaid
Produces like #216 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #286 — $0.9M (#293 restated).
market pays $2.2M at that rank vs $0.9M in 2026-27 dollars
2025-26 alone: #235 of 249
AAV $0.9M · 0.9% of cap at signing · $0.9M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.