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
+$1.2Munderpaid
Produces like #218 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #294 — $0.8M (#298 restated).
market pays $2.1M at that rank vs $0.8M in 2026-27 dollars
2025-26 alone: #233 of 249
AAV $0.8M · 0.8% of cap at signing · $0.8M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.