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
+$1.0Munderpaid
Produces like #4 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #4 — $14.0M (#5 restated).
market pays $16.3M at that rank vs $15.2M in 2026-27 dollars
2025-26 alone: #13 of 249
AAV $14.0M · 15.9% of cap at signing · $15.2M in 2026-27 dollars