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
+$0.9Mmarket rate
Produces like #1 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #7 — $12.6M (#3 restated).
market pays $16.6M at that rank vs $15.7M in 2026-27 dollars
2025-26 alone: #1 of 249
AAV $12.6M · 15.3% of cap at signing · $15.7M in 2026-27 dollars