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
+$1.6Munderpaid
Produces like #64 of 118 priced defensemen over two seasons (5:3 blend of Season impact), paid like the #112 — $3.6M (#113 restated).
market pays $5.6M at that rank vs $4.0M in 2026-27 dollars
2025-26 alone: #83 of 108
AAV $3.6M · 4.2% of cap at signing · $4.0M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.