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
+$1.6Munderpaid
Produces like #184 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #260 — $1.7M (#261 restated).
market pays $3.3M at that rank vs $1.7M in 2026-27 dollars
2025-26 alone: #158 of 249
AAV $1.7M · 1.8% of cap at signing · $1.7M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.