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
+$2.0Munderpaid
Produces like #56 of 118 priced defensemen over two seasons (5:3 blend of Season impact), paid like the #113 — $3.6M (#104 restated).
market pays $6.2M at that rank vs $4.3M in 2026-27 dollars
2025-26 alone: #43 of 108
AAV $3.6M · 4.1% of cap at signing · $4.3M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.