In 2021, a baseball player signed a contract worth $70.9 million. The contract called for $11.5 million immediately and a salary of $4.3 million in 2022, \$11.1 million in 2023, \$11.5 million in 2024, \$10.2 million in 2025 and 2026, and \$12.1 million in 2027. If the appropriate interest rate is 11 percent, what kind of deal did the player dig out of the dirt? Assume all payments other than the first $11.5 million are paid at the end of the contract year. Note: 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