Harvey Alexander, an all-league professional football player, has just declared free agency. Two teams, the San Francisco 49ers and the Dallas Cowboys, have made Harvey the following offers to obtain his services:
49ers:
$1 million signing bonus payable immediately and an annual salary of $1.5 million for the five-year term of the contract.
Cowboys:
$2.5 million signing bonus payable immediately and an annual salary of $1 million for the five-year term of the contract.
With both contracts, the annual salary will be paid in one lump sum at the end of the football season.
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