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
+$1.0Munderpaid
Produces like #84 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #112 — $5.8M (#139 restated).
market pays $6.8M at that rank vs $5.8M in 2026-27 dollars
2025-26 alone: #81 of 249
AAV $5.8M · 6.0% of cap at signing · $5.8M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.