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
+$0.4Mmarket rate
Produces like #81 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #120 — $5.5M (#115 restated).
market pays $6.9M at that rank vs $6.5M in 2026-27 dollars
2025-26 alone: #125 of 249
AAV $5.5M · 6.3% of cap at signing · $6.5M in 2026-27 dollars