Baseball and the $700 Million Bet on the Time Value of Money

Mike Kaiman
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Mike Kaiman: https://research.stlouisfed.org/staff/kaiman

Page One Economics Newsletter, 2024

Abstract: This article steps up to the plate and explains the concept of time value of money using one of the largest contracts ever given to a professional athlete.

Keywords: time value of money; professional sports (search for similar items in EconPapers)
Date: 2024
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