Prices as of 6 p.m. Eastern, September 8, 2026 · by Jake Hari
No. Aaron Donald will not play the Rams' opener against the San Francisco 49ers in Melbourne. Sean McVay said on Tuesday, September 8, that Donald will not make the trip. The Kalshi contract that pays out if he plays in Week 1 had sat at 40 cents bid and 41 ask for a full week; it went from 40 to 1 cent in 19 minutes of trading that afternoon, from the first No fill at 3:55 p.m. Eastern to the first 1-cent print at 4:14. The next window for the un-retirement debut is Week 2, at home against the New York Giants on Monday night, September 21; McVay would not name a return week. The crowd had leaned this way since a TV segment on September 1. It was still 40 points too high on the day the coach finally said it, and the one price on this page unchanged across all three pulls since August 19 is the game itself.
About the prices.Current prices are Kalshi's live bid and ask, and the historical prices are actual trades from the exchange's own trade history, all pulled at 6 p.m. Eastern on September 8, 2026. A price in cents is the crowd's probability at one moment.hklaw.com/en/insights/publications/2026/08/ninth-circuit-upholds-state-and-tribal-authority-over-sports-related) that Nevada can regulate them, splitting with an earlier Third Circuit ruling, so check the platform's own eligibility screen where you live.
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What Did McVay Say?
On Friday, September 4, McVay told reporters the entire roster would fly to Australia, Donald included, and that he did not yet have a sense of whether Donald would play: "I don't have that sense quite yet. I think (the ramp-up process) has been really good. He's so intentional about his rhythm and routine," per the Associated Press. The charter was set to leave Tuesday night, less than 48 hours before kickoff.
Tuesday afternoon he reversed the travel half of that. "Aaron Donald will not travel with the team to Australia and will not play against the 49ers," McVay said, as carried by Pro Football Talk. The reasoning, per ESPN's Sarah Barshop: "He's attacked this the right way, but it would have been a really quick turnaround." And the line that matters for anyone wondering how long this lasts, as the Associated Press carried it: "I think he'll be ready to go sooner rather than later. But we're making a decision that we think is best for him and for our team." McVay declined to name a return week. He added that Donald "understands there's a necessary ramp up."
The calendar behind those words is short. Donald did individual drills the day he signed, August 30, and did not take his first 11-on-11 reps until Sunday, September 6, per ESPN. His first team reps came Sunday, two days before the charter left and four before a Thursday night game, Friday morning in Melbourne, against a division rival. Donald's own read, from the same report: "It isn't where I want to be, but it's pretty damn good, if you ask me. To not play football in two years, to be moving how I'm moving, like I said, it's really no drop-off."
So the debut slides. The Rams get 11 days between Melbourne and the Giants game at SoFi on Monday, September 21, and six days after that they visit Denver on Sunday night, September 27, per the team's schedule. Nothing McVay said Tuesday rules the Giants game in or out. The price history, meanwhile, had already moved by the time most people read any of this.
What Did The Crash Pay?
For a week the contract did nothing. From September 3 through September 7 it traded 100 contracts total, every one of them between 40 and 42 cents, and the book sat at 40 bid, 41 ask into Tuesday's 3 p.m. hour on 25 contracts of overnight volume, all of it Yes buying in two fills at 41 cents at 1:23 a.m. That was the last Yes buying above a penny.
The break came at 3:55:13 p.m. Eastern: nine fills totaling 326 contracts, all No buyers hitting the 40- and 39-cent bids. ESPN's story carries a 4:00 p.m. stamp and Pro Football Talk's post a 4:09, so the first money moved a few minutes before the story most people saw. By 3:56:44 the price was 19 to 20, on two sweeps of just over 800 contracts each, the second of them three fills totaling 809 contracts with a 780-lot at 20 doing most of the work. It printed 12 and 13 by 3:58. At 4:12:42 an 829-contract No buy took it to 6 cents. At 4:14:06 a seven-fill sweep that included a 1,000-lot printed 1 cent for the first time. Then two more: 2,518 contracts at 1 cent at 4:24:25, and 2,497 at 1 cent at 4:25:32. By 6 p.m. the book was 0 bid, 1 ask, with 11,336 contracts offered at the ask.
What that paid depends entirely on where you were in the queue. A No bought at the first sweep cost 60 cents and collects a dollar if the exchange finalizes the contract No, a 40-cent gain per contract. The big fill at 20 makes 20 a contract, and the one at 6 makes 6. The largest lot of the day, the 2,500 contracts at 1 cent, tied up $2,475 to collect $25 before fees, and Kalshi's taker fee on that fill, 7 percent of price times one minus price per contract rounded up to the cent, runs about $1.74.
The payoff structure of a ruled-out playerthe first minute of the sweep paid 40 times per contract what the last half hour did.
Two details in the exchange's own numbers say who was on the other side. Open interest was 14,513 contracts at 3 p.m. and 21,628 by 5 p.m., so most of that No buying was matched by new Yes positions, resting bids at 12, 6 and 1 cent that got filled on the way down, rather than by Yes holders getting out. And after the collapse, 805 contracts were bought Yes at a penny, a one-cent ticket on a snap the head coach had just said would not happen.
The scale is the callback to this page's first edition. Tuesday's 11,408 contracts is the second-busiest day of the contract's life, behind the 16,718 on September 1, when Dan Graziano said on NFL Live that a Week 2 or 3 debut looked more likely and the price ran from 53 to 11 in a single 9,885-contract hour. That day buyers came back to 41 by evening, and this page called the 11 an overreaction to a television segment. This time no buyers came back, because this time the sentence came from the coach.
What Did The Rest Of The Week 1 Board Do?
Kalshi's "Pro Football Week 1: Players to Compete" board lists 24 names, 23 of them active, and on the day Donald went to zero, the names with practice reports mostly went the other way, with one thin exception. Here is the same set of contracts this page tracked on September 2, with Tuesday evening's bid, ask and last print beside them.
| Player | Team | Sep 2 bid / ask | Sep 8 bid / ask (last) | Contracts, trailing 24h | What changed |
|---|---|---|---|---|---|
| Aaron Donald (DT) | Rams | 34¢ / 47¢ | 0¢ / 1¢ (1¢) | 11,447 | McVay: not traveling, not playing |
| George Kittle (TE) | 49ers | 46¢ / 49¢ | 63¢ / 94¢ (91¢) | 1,572 | Made the trip to Melbourne; 49ers offensive coordinator Klay Kubiak this week: "he's practicing full speed, he's getting a ton of reps," with "two more practices" to get through |
| Josh Jacobs (RB) | Packers | 2¢ / 3¢ | 0¢ / 7¢ (8¢) | 1,566 | Still on the commissioner's exempt list; his initial court hearing moved up to September 10 |
| Malik Nabers (WR) | Giants | 52¢ / 54¢ | 60¢ / 98¢ (78¢) | 900 | Graziano: it "sounds like" he plays; the Giants released Darius Slayton over the weekend |
| Ashton Jeanty (RB) | Raiders | 61¢ / 62¢ | 69¢ / 98¢ (90¢) | 696 | Raiders head coach Klint Kubiak says he is optimistic for Miami, while calling Jeanty "still on the mend"; our late-August read |
| Jeremiyah Love (RB) | Cardinals | 55¢ / 60¢ | 30¢ / 93¢ (30¢) | 361 | Mike LaFleur said Monday he is optimistic; NFL Network's Mike Garafolo relayed "about 50-50" |
| Patrick Mahomes (QB) | Chiefs | 96¢ / 98¢ | 88¢ / 98¢ (88¢) | 330 | An 8-cent bid slide on thin Tuesday-evening volume with no news I can cite; the caveat about reading this board's bids after hours |
| Puka Nacua (WR) | Rams | 81¢ / 89¢ | 81¢ / 97¢ (97¢) | 243 | McVay on Tuesday: Nacua and Alaric Jackson are expected to play Thursday |
The September 8 asks are wide because this is a Tuesday-evening book with most offers pulled; read the bid and the last print together. The 24-hour contract counts are Kalshi's own figures at the 6 p.m. pull.
The row that pays off the September 2 edition is Kittle. Six days ago he was the mirror image of Donald, a player who wanted to play with a calendar closing on him, and his contract sat at 46 bid. He got on the plane, and the bid is 63 with a 91-cent last print. Nabers, Jeanty and Nacua all printed higher too, each on a coach's or an insider's "expected to" or "sounds like." Love's bid fell hardest of the ones that fell, from 55 to 30, and it did so on 361 contracts against a head coach who said Monday he is optimistic. A thin print, in other words, not a ruling. Mahomes gave back eight cents of bid to 88 on 330 contracts with nothing attached to it, and Jacobs's bid went from 2 to zero, which on an exempt-list contract is a rounding of the same answer. The second-busiest name on the whole board was one this page had not tracked: Colts receiver Alec Pierce, back from ankle surgery, took 4,145 contracts and sits at 70 bid after Shane Steichen said Monday that Pierce "should be good to go" for Sunday against the Ravens, possibly on a snap count.
The September 2 argument was that Donald's contract traded below every injured name because the crowd was pricing a decision rather than a diagnosis, and a decision has no practice report to argue with. Tuesday proved the mechanism and exposed its limit. The crowd had the direction right for a week. It also sat at 40 cents for that week, on 100 contracts of volume, while the person making the decision already had the information. A market that prices a coach's discretion at 40 is not wrong so much as waiting.
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What Does The Paperwork Say Now?
The new fact is the calendar. The roster exemption this page flagged on September 2 expires Friday, September 11, and the game is Thursday, September 10, so the Rams got their answer inside the exemption window by one day. That is why the call could be made on Tuesday and cost Donald nothing, and both documents the page flagged as leaving room for him to sit are now doing exactly that job.
The first is the roster exemption. Tom Pelissero reported on August 30 that the commissioner granted the Rams a two-game roster exemption for Donald, expiring Friday, September 11. The Rams play Thursday, September 10, at 8:35 p.m. Eastern, Friday morning in Melbourne, so the exemption outlasts the opener and Donald does not have to occupy one of the 53 roster spots while the team is away.
The second is his contract. NFL Network reported the deal at one year and $20 million, reaching $30 million with incentives. Albert Breer's breakdown, as carried by Heavy, puts half of that first $20 million in base pay and the other half in per-game active-roster bonuses, and CBS Sports puts the per-game piece at about $666,667 across a maximum of 15 games. The regular season is 17 games. Thursday is the first of the two absences that bonus structure forgives, and, per CBS, missing Week 1 does not affect his ability to earn the full amount.
On September 2 those two facts read as a crowd that had done the paperwork before Graziano said it out loud. On September 8 they read as the reason the Rams could make Tuesday's call without it costing Donald a dollar.
Is The Comeback Itself In Doubt?
No, and the exchange's other Donald contract says so in a way the Week 1 contract cannot. Kalshi's market on whether he plays any game this season sat at 97 bid and 100 ask at 6 p.m., with a 97-cent last print, down a cent from Kalshi's previous-day reference of 98, on about 8,000 contracts in the trailing 24 hours and 165,712 of open interest. That contract pays on a single snap in any game through the playoffs, and a Week 2 snap against the Giants satisfies it just as well as a Week 1 snap in Melbourne would have. One cent is what the crowd charged for the delay.
The game price did not charge anything. The Kalshi winner contract on Rams-49ers sat at 64 bid, 65 ask for Los Angeles at 6 p.m., with 236,410 contracts traded on the Rams side in the trailing 24 hours. That is the same 64 bid this page found on September 2 and the same 64 our Melbourne preview found on August 19, before Donald had signed anything. Three pulls across three weeks, one number. The crowd never priced a limited debut from a 35-year-old two years out of the game into the winner market, and it is not pricing his absence out of it.
The compete board has no contract on the rest of the Rams' front, so the game price is the only market read on what Los Angeles brings to Melbourne without Donald. The reporting fills in the rest. Myles Garrett, the edge rusher the Rams acquired this offseason and whose knee kept him limited through camp, is ready to go, McVay said Tuesday, adding that "we've been smart with Myles" and that Nacua and left tackle Alaric Jackson are expected to play, per ESPN. The one Rams name the board does carry besides Donald, Nacua, printed 97 on Tuesday. As of Tuesday evening Kalshi had not listed a Week 2 "Players to Compete" board; the Week 1 event was the only open one in the series.
The Bottom Line
The market is at a penny, and it is not finalized. The contract's rules require Donald to take at least one snap during Week 1, the market closes after the Rams' game concludes, and the exchange settles it after that, so the 1-cent ask is the crowd pricing the gap between a coach's word and a settlement, not a doubt about the word. The next dated checkpoint is Thursday's 8:35 p.m. Eastern kickoff, then whether Kalshi lists a Week 2 board before the Giants game on September 21. Every price above was true at 6 p.m. on September 8 and the game-week book moves fast, so check the live market before you trade any of it. Donald's contract was the one on this board that moved on a decision instead of a practice report. The decision came from a podium, and the money moved five minutes before ESPN's stamp on it.
Every Kalshi price above was fetched from the exchange at 6 p.m. Eastern on September 8, 2026; the quotes and contract details are cited to ESPN, NBC Sports, the Associated Press, TheRams.com, CBS Sports, Heavy, 49ers Webzone, the Las Vegas Review-Journal, Pro Football Rumors, Acme Packing Company and Tom Pelissero as linked. 18+, eligible states only.
Hero illustration: OddsShopper, in the house collage style. Aaron Donald photo by All-Pro Reels, licensed CC BY-SA 2.0; photos cropped, toned, and composited.
More on this: Aaron Donald Comeback Odds: 'We Back' Didn't Settle The Market · 49ers vs. Rams Week 1 Odds: The Melbourne Preview · Kalshi NFL Picks: The Full Week 1 Slate · Ashton Jeanty Injury Odds On Kalshi · Josh Jacobs Exempt List: What The Market Says




