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
+$3.7Munderpaidstructural — entry-level
Produces like #134 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #275 — $0.9M (#274 restated).
market pays $4.8M at that rank vs $1.1M in 2026-27 dollars
2025-26 alone: #177 of 249
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.