Suppose that last season, the top pick in a 30-team league's amateur draft signed a contract for \($2\) million per year. In the upcoming season, the league will implement a salary slotting system under which each pick will be compensated based on his draft selection. If the compensation plan will be based on a 5% increase of the top selection's compensation from last year and a 1% decreasing scale for every pick after the first selection (second pick will earn 99% of what the first pick earns, and so forth), how much will the top selection in next year's draft earn? How much will the ninth pick earn?