An All-Pro defensive lineman is in contract negotiations. The team has offered the following salary structure:
TIME.....................................................SALARY
0.....................................................$7,000,000
1.......................................................6,100,000
2.......................................................6,900,000
3.......................................................7,600,000
4.......................................................8,200,000
5.......................................................9,500,000
6.......................................................8,400,000

All salaries are to be paid in a lump sum. The player has asked you as his agent to renegotiate the terms. He wants a signing bonus of $9 million payable today and a contract value increase of $2.5 million. He also wants an equal salary paid every three months, with the first paycheck three months from now. If the interest rate is an APR of 5 percent compounded daily, what is the amount of his quarterly check? Assume 365 days in a year.