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
+$0.5Mmarket rategrowth deal — priced on projection
Produces like #95 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #139 — $5.0M (#138 restated).
market pays $6.4M at that rank vs $5.9M in 2026-27 dollars
2025-26 alone: #124 of 249
priced on the trajectory: 2024-25 +0.22σ → 2025-26 −0.04σ
AAV $5.0M · 5.7% of cap at signing · $5.9M in 2026-27 dollars