A first-round draft choice quarterback has been signed to a three-year, $10 million contract.

| September 5, 2016

Question
Suppose you are a sports agent.

A first-round draft choice quarterback has been signed to a three-year, $10 million contract. The details provide for an immediate cash bonus of $1 million. The player is to receive $2 million in salary at the end of the first year, $3 million the next, and $4 million at the end of the last year.

Answer the following question(s):

How would you advise your client assuming a 10% discount rate?
Is this package worth $10 million? How much is it worth?

Order your essay today and save 20% with the discount code: ESSAYHELP
Order your essay today and save 20% with the discount code: ESSAYHELPOrder Now