A wealthy local person loves the Bells and is willing to give the university $1,000,000 to name the basketball court Darth Vader. She is willing to give $1,000,000 today for that right or, if the school can wait two years, she is willing to give $1,100,000. Based on currently prevailing interest rates.

How would you advise Mr. Balboa to act, and what issues should he consider when making this decision?