Newsletter
Baseball and the $700 Million Bet on the Time Value of Money
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;
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https://www.stlouisfed.org/publications/page-one-economics/2024/oct/baseball-700-million-bet-on-time-value-of-money
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Provider: Federal Reserve Bank of St. Louis
Part of Series: Page One Economics Newsletter
Publication Date: 2024-10-01