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
−$0.9Mmarket rategrowth deal — priced on projectionone-season rating
Produces like #110 of 250 priced forwards on 2025-26 alone (one qualifying season), paid like the #92 — $6.6M (#113 restated).
market pays $5.7M at that rank vs $6.6M in 2026-27 dollars
2025-26 alone: #129 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
priced on the trajectory: 2024-25 — → 2025-26 −0.07σ
AAV $6.6M · 6.9% of cap at signing · $6.6M in 2026-27 dollars