Question: [ Related to Solved Problem 3 . 1 B ] Baseball pitcher Chris Sale signed a contract in 2 0 1 9 to play for

[Related to Solved Problem 3.1B] Baseball pitcher Chris Sale signed a contract in 2019 to play for the Boston Red Sox for 5 years at an annual salary of $29 million per year beginning in 2020 But he would not actually receive the full amount of his annual salary each year. The Red Sox would not begin to pay $50 million of his salary until the year 2035, when he would receive $10 million per year through 2039.
An article on eson com discussina Sale's mntract nnter that "the five-year deal is worth $145 mulion." The author of the article arrived at this total "worth" of Sale's contract by
Do you agree with the author that the contract was actually worth $145 million to Sale?
The author is , the total worth of Sale's contract will be $145 million once you consider the present value of all future payments.
 [Related to Solved Problem 3.1B] Baseball pitcher Chris Sale signed a

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