7. Bobby Bonilla, a top professional baseball player in the 1980s and 1990s, was owed
about $5.9 million by the New York Mets in 2000. Bonilla had two contract alternatives.
Alternative A required the Mets to pay him the $5.9 million as a lump sum in 2000.
Alternative B required the Mets to pay him about $1.19 million each July 1 beginning July
1, 2000, until July 1, 2035. Bonilla chose Alternative B, and July 1 has become known as
"Bobby Bonilla Day" in baseball circles. Under what circumstances was Bonilla's
decision a good one? Explain your answer.