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
+$4.1Munderpaidone-season rating
Produces like #6 of 118 priced defensemen on 2025-26 alone (one qualifying season), paid like the #21 — $8.5M (#36 restated).
market pays $12.6M at that rank vs $8.5M in 2026-27 dollars
2025-26 alone: #9 of 108
one-season rating — the blend rests on 2025-26 only (he qualified in one of the two blend seasons); wider uncertainty than a two-season read
AAV $8.5M · 8.9% of cap at signing · $8.5M in 2026-27 dollars