That explains a few things regarding Alaska's MP. 2 years ago we ramped up the TATL to 3-4 trips a year - linked to AS but usually on AA metal. Back then a J reward flight were decent - LIS-PHL-DFW-ABQ was 55k and the same flights as revenue. Now all AS offers is Aer Lingus trash skeds for 255k or more in J - and not all legs are premium either.
It will be interesting to see how this gets solved, if at all.