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
+$2.3Munderpaid
Produces like #36 of 118 priced defensemen over two seasons (5:3 blend of Season impact), paid like the #74 — $5.3M (#78 restated).
market pays $8.0M at that rank vs $5.7M in 2026-27 dollars
2025-26 alone: #46 of 108
AAV $5.3M · 6.0% of cap at signing · $5.7M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.