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 #158 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #232 — $2.5M (#233 restated).
market pays $4.3M at that rank vs $2.7M in 2026-27 dollars
2025-26 alone: #151 of 249
AAV $2.5M · 2.8% of cap at signing · $2.7M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.