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James Hardy recently rejected a $20,425,000, five-year contract with the Vancouver Seals hockey team. The contract offer called for an immediate signing bonus of $7,515,000 and annual payments of $2,582,000. To sweeten the deal, the president of player personnel for the Seals has now offered a $21,872,000, five-year contract. This contract calls for annual increases and a balloon payment at the end of five years

Financial Accounting, Accounting

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