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
+$14.9Munderpaidstructural — entry-level
Produces like #5 of 250 priced forwards over two seasons (5:3 blend of Season impact), paid like the #272 — $1.0M (#271 restated).
market pays $16.0M at that rank vs $1.2M in 2026-27 dollars
2025-26 alone: #3 of 249
AAV $1.0M · 1.1% of cap at signing · $1.2M in 2026-27 dollars
extension signed: $18.8M × 5 from 2027-28 — the surplus above is measured against the 2026-27 hit he carries now.
Below the model’s value/AAV floor — not a headline bargain.