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
+$2.2Munderpaidgrowth deal — priced on projection
Produces like #56 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #150 — $5.0M (#121 restated).
market pays $8.5M at that rank vs $6.3M in 2026-27 dollars
2025-26 alone: #54 of 249
priced on the trajectory: 2024-25 +0.27σ → 2025-26 +0.61σ
AAV $5.0M · 6.1% of cap at signing · $6.3M in 2026-27 dollars