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
−$1.7Moverpaidgrowth deal — priced on projection
Produces like #54 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #45 — $8.2M (#36 restated).
market pays $8.7M at that rank vs $10.5M in 2026-27 dollars
2025-26 alone: #92 of 249
priced on the trajectory: 2024-25 +0.82σ → 2025-26 +0.31σ
AAV $8.2M · 10.1% of cap at signing · $10.5M in 2026-27 dollars