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
+$0.1Mmarket rategrowth deal — priced on projection
Produces like #44 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #49 — $8.1M (#54 restated).
market pays $9.6M at that rank vs $9.5M in 2026-27 dollars
2025-26 alone: #63 of 249
priced on the trajectory: 2024-25 +0.72σ → 2025-26 +0.54σ
AAV $8.1M · 9.2% of cap at signing · $9.5M in 2026-27 dollars