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Business, 20.09.2020 18:01 shakebays

In 2015, the Washington Nationals baseball team signed pitcher Max Scherzer to a contract to play for them for seven years. He would be paid $15 million dollars per year for 14 yearsan additional 7 years beyond the end of the time he would be committed to play for the Nationals. The contract was widely reported as being worth $210 million (or $15 million per year14 years). One baseball writer argued, though, that this deal serves as a nice reminder that the payment terms of a deal can have an impact on the actual value of the contract. Source: Dave Cameron, "Max Scherzer and When $210 Million Isn't $210 Million," fangraphs. com, January 19, 2015.Which of the following statements best represents the actual value of the contract? A. The actual value of the contract is $30 million for each year he plays. B. Scherzer's contract is worth $210 million on the day he signs it. C. The actual value of the contract is more than $30 million for each year he plays. D. The actual value of the contract is less than $30 million for each year he plays.

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