Bargaining Power Question:

Given: Two baseball teams, two different players

Team 1 will profit $80 million in revenue from signing player A

Team 2 offers player A $20 million

Team 1's next best offer is to sign player B for $20 million, but will only profit $60 million in revenue

1. Suppose player 1 has a bargaining power of w=0.8, how do I solve for the negotiated salary under Nash Bargaining?
2. If team A has 32 million in salary cap space, how do I find the highest value of Player A's w so he can be signed by team 1?