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
+$1.7Munderpaid
Produces like #53 of 118 priced defensemen over two seasons (5:3 blend of Season impact), paid like the #93 — $4.5M (#92 restated).
market pays $6.6M at that rank vs $4.9M in 2026-27 dollars
2025-26 alone: #36 of 108
AAV $4.5M · 5.1% of cap at signing · $4.9M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.