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
+$1.3Munderpaidone-season rating
Produces like #148 of 250 priced forwards on 2025-26 alone (one qualifying season), paid like the #216 — $3.0M (#218 restated).
market pays $4.5M at that rank vs $3.3M in 2026-27 dollars
2025-26 alone: #161 of 249
one-season rating — the blend rests on 2025-26 only (he qualified in one of the two blend seasons); wider uncertainty than a two-season read
AAV $3.0M · 3.1% of cap at signing · $3.3M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.