As the son of a Major League Baseball (MLB) player, Freddie Fencerattler has bee

Question

As the son of a Major League Baseball (MLB) player, Freddie Fencerattler has been playing baseball since he was old enough to hold a bat, and he has always dreamed of following in his father's footsteps. For the past four years, he's been the starting center fielder for the Yakima Hops, a double-A (AA)-level baseball team. Last year, based on his outstanding fielding and hitting record, including 126 runs batted in (RBI) and 32 home runs, he was selected to receive the Minor League Player of the Year award. Yesterday, in a telephone conversation with his agent, Noah Never-Enough, Freddie learned that he's being called up to the big leagues and traded to the El Paso Grandies! In fact, he's supposed to report to the coach of the Grandies next Monday. To add another source of change to his world, Freddie and Noah must negotiate a new contract with Daniel Taylor, the general manager of the Grandies. Freddie and Noah are having a prenegotiation conversation: Noah Freddie, we need to review and agree on the numbers and provisions that I'm going to propose to Daniel later this afternoon Freddie Cool! I am so excited! I checked the league standings this morning, and the Grandies are currently in second place in the league. My dad said that they are on fire so far this season, and if they can continue their current level of performance, they-no, I mean we-could qualify for the playoffs by mid-September. Wouldn't that be incredible? Noah Yeah, kid, it would. But let's focus on today's contract negotiations. I want your input, so let's run down my list of thoughts, and then we can talk about your move and your transition to El Paso. Freddie Ok, what's on your list?

Explanation / Answer

For annual salary - 476100; Total - 1428300

Monthly salary - 39675

Discounted monthly salary - 430890.3; 1294484

Moving bonus - 7500

Discounted moving bonus - 7500

Signing bonus - 5000;5000;5000; 15000

Discounted signing bonus - 5000; 4686;4392; 14078

Time in league bonus - 10000

Discounted time in league bonus - 9372

Performance bonus - 71415; 71415; 71415; 214245

Discounted performance bonus - 66930; 62731; 58796; 188457

Monthly endorsement - 400

Discounted monthly - 4635

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