Your veteran client is owed $$7\mathrm{.}5$ million for the upcoming $2024$ season $($Year $0),$ but the club wants to start a youth movement and buy out several of their older players. They offer your client a deal: he agrees to waive his $$7\mathrm{.}5$ million salary in $2024$ in exchange for receiving $$1\mathrm{.}5$ million per year for $15$ years, with the first payment starting in $2030.$ Should your client take this offer? Assume a $9\%$ discount rate and that your client will side with the option with the highest present value. Make sure to provide your final calculated value of the deferred annuity.

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