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
+$1.1Munderpaidgrowth deal — priced on projection
Produces like #53 of 118 priced defensemen over two seasons (5:3 blend of Season impact), paid like the #85 — $4.6M (#82 restated).
market pays $6.5M at that rank vs $5.4M in 2026-27 dollars
2025-26 alone: #71 of 108
priced on the trajectory: 2024-25 +0.51σ → 2025-26 −0.46σ
AAV $4.6M · 5.5% of cap at signing · $5.4M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.