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
+$0.4Mmarket rate
Produces like #166 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #208 — $3.3M (#213 restated).
market pays $4.0M at that rank vs $3.5M in 2026-27 dollars
2025-26 alone: #166 of 249
AAV $3.3M · 3.7% of cap at signing · $3.5M in 2026-27 dollars