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
−$0.8Mmarket rate
Produces like #144 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #170 — $4.3M (#151 restated).
market pays $4.6M at that rank vs $5.4M in 2026-27 dollars
2025-26 alone: #113 of 249
AAV $4.3M · 5.2% of cap at signing · $5.4M in 2026-27 dollars