In 2018, a running back signed a contract worth $69.2 million. The contract called for $11 million immediately and a salary of $4.2 million in 2018, $10.9 million in 2019, $11 million in 2020, $10.1 million in 2021 and 2022, and $11.9 million in 2023.

If the appropriate interest rate is 12 percent, what kind of deal did the running back scamper off with? Assume all payments other than the first $11 million are paid at the end of the contract year. (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)