A famous quarterback (American football) just renegotiated his contract. The contract is for a total of $15 million, paid in equal installments of $3 million for each of five years. A wide receiver, envious of the quarterback, demanded his contract also be renegotiated was able to obtain $14 million package providing $4 million NOW and $2million annually for five years. Both claim they got a better deal. Who actually did get best contract? ume 10% in your calculations and show all work doenting your conclusion.
No comments:
Post a Comment