In January 2012, the Texas Rangers signed Yu Darvish, formerly of the Nippon-Ham Fighters, to a contract reportedly worth $60.8 million. Yu's salary (including roster bonus) was to be paid as $6.3 million in 2012, $10.3 million in 2013, $10.8 million in 2014 to 2016, and $11.8 million in 2017. If the appropriate interest rate is 11 percent, what kind of deal did the pitcher snag? Assume all payments are paid at the end of each year.