Sports economics

Suppose a hypothetical player named Cletus Jackson is set to become a baseball free agent. Three teams are specifically interested in his services, the Owls, the Bisons, and the Squirrels. The Owls are willing to pay $10 million for his services, the Bisons are willing to pay $15 million, while the Squirrels are willing to pay $5 million. a. Please provide a stair-step graph of this scenario (label each axis) that illustrates which team would most likely sign Cletus Jackson. b. Please provide the labor supply curve for this situation. c. List a couple of potential reasons/factors why the willingness to pay might be different for each team. d. How much trade value would Cletus have immediately after signing? Explain