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A major sports league, comprised of 2 0 0 players, reported a loss of $ 5 8 0 million this year. The sports league has
A major sports league, comprised of players, reported a loss of $ million this year. The sports league has yearly fixed costs of $ million. The league is considering shutting down for the next season and selling the rights to all of their players to a rival league for the entire season. What is the lowest price the sports league would be willing to accept indifferent for the rights to their players, which would then lead to a shutdown for the next season?
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$ million
$ million
$ million
$ million
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