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
−$0.1Mmarket rate
Produces like #174 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #215 — $3.0M (#204 restated).
market pays $3.7M at that rank vs $3.8M in 2026-27 dollars
2025-26 alone: #187 of 249
AAV $3.0M · 3.6% of cap at signing · $3.8M in 2026-27 dollars