$$5,119,579$

orrect, try again. Hint: by this point you ow all of the components and simply need put them together.

That is the total value of Contract offer #$3?$

Offer $3$

$$1,004,229$ immediate signing bonus

$$500,000$ at the end of Year $1$

$$1,000,000$ at the end of Year $2$

$$1,500,000$ at the end of Year $3$

$$2,500,000$ at the end of Year $4$

$$171,145$ bonus for any year Luke is selected to play in the Pro Bowl All Star game $(25\%$ probability in each year$)$