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
−$0.8Mmarket rate
Produces like #248 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #261 — $1.6M (#263 restated).
market pays $0.9M at that rank vs $1.6M in 2026-27 dollars
2025-26 alone: #248 of 249
AAV $1.6M · 1.7% of cap at signing · $1.6M in 2026-27 dollars