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
+$3.0Munderpaidstructural — entry-levelone-season rating
Produces like #162 of 250 priced forwards on 2024-25 alone (one qualifying season), paid like the #288 — $0.9M (#279 restated).
market pays $4.1M at that rank vs $1.1M in 2026-27 dollars
one-season rating — the blend rests on 2024-25 only (he qualified in one of the two blend seasons); wider uncertainty than a two-season read
AAV $0.9M · 1.1% of cap at signing · $1.1M in 2026-27 dollars
Below the model’s value/AAV floor — not a headline bargain.