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
+$1.9Munderpaid
Produces like #80 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #134 — $5.2M (#156 restated).
market pays $7.0M at that rank vs $5.2M in 2026-27 dollars
2025-26 alone: #47 of 249
AAV $5.2M · 5.4% of cap at signing · $5.2M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.