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How much did get

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Looking for assistance on the below problem. The signing of a big name athletes is often accompanied by great fan fare, but the numbers are sometimes misleading. Take for example when the New York Mets signed a $91 million contract with Mike Piazza in 1998.

However, while Piazza's contract was reported date $91 million, it was actually payable over seven years. It consisted of a signing bonus of $7.4 million, ($4 million payable in 1999, $3.5 million in 2002, plus a salary of $83.5 million. The salary was to be distributed as $6 million in 1999, $11 million in 200, $12.5 million in 2001, $9.5 million in 2002, $14.5 in 2003, and $15 million in both 2004 and 2005.

Problem 1: Therefore how much did he get?

Reference no: EM132952414

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