You are representing a free-agent quarterback in negotiations. The deal offered is said to be worth $52.1 million. Assume today is 2021. The contract will offer $6.7 million in 2022, $8.5 million in 2023, $9.1 million in 2024, $9.2 million in 2025, $9.2 million in 2026, and $9.4 million in 2027. Based on today's interest rate of 7 %, what is the club really offering him? Assume all payments are paid at the end of the year. Assume today, 2021 is year 0. 2022 is year 1. (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)