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
+$2.1Munderpaid
Produces like #90 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #179 — $4.1M (#183 restated).
market pays $6.5M at that rank vs $4.5M in 2026-27 dollars
2025-26 alone: #102 of 249
AAV $4.1M · 4.3% of cap at signing · $4.5M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.