A major sports league, comprised of 200 players, reported a loss of $580 million this year. The sports league has yearly fixed costs of $700 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 shut-down for the next season?

Group of answer choices

$700 million or $1,280 million