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
−$0.3Mmarket rate
Produces like #98 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #135 — $5.1M (#114 restated).
market pays $6.3M at that rank vs $6.5M in 2026-27 dollars
2025-26 alone: #120 of 249
AAV $5.1M · 6.3% of cap at signing · $6.5M in 2026-27 dollars