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
+$1.7Munderpaid
Produces like #74 of 118 priced defensemen over two seasons (5:3 blend of Season impact), paid like the #121 — $3.1M (#125 restated).
market pays $4.8M at that rank vs $3.1M in 2026-27 dollars
2025-26 alone: #79 of 108
AAV $3.1M · 3.0% of cap at signing · $3.1M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.