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
−$1.9Moverpaidgrowth deal — priced on projection
Produces like #153 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #139 — $5.0M (#122 restated).
market pays $4.4M at that rank vs $6.3M in 2026-27 dollars
2025-26 alone: #147 of 249
priced on the trajectory: 2024-25 −0.76σ → 2025-26 −0.25σ
AAV $5.0M · 6.1% of cap at signing · $6.3M in 2026-27 dollars