Talking about a possible All Australian and a Doig Medallist I'd say their first round pick would be a good starting point and maybe throw in Blake Acres to sweeten the deal.
The contract extension for Alex Pearce, who is an emerging leader at the club, I think is partly sending a message to other young players to get on board and sign up for a long term future. He puts a lot of personal time into his rehab and I think mirrors what our captain was getting at in players committing a bit more in improving themselves in their skills and other areas.