A professional athlete is owed a bonus payment of $2 million due today. The team he plays for is currently low on cash and offers the player a deferred payment of $2.5 million five years from now instead of the payment due today. Which should the player take the money due today or the deferred payment? Assume an interest rate of 4%. Show your work. Hint: you can technically make your case using present value OR future value, but be sure to use the correct numbers depending on which formula you choose.