$38,000
starting amount + $10,000 signing bonus = $48,000
Then you have to add
the bonus for goals scored:
12 goals x $2,000 per goal = $24,000
$48,000
+ $24,000 = $72,000
Finally, you need to add the retirement fund contribution:
5
percent of $72,000
$72,000 x 0.05 = $3,600
$72,000 +
$3,600 = $75,600
The contract with the Kickers proved to
be more money this year: $75,600 versus the $74,000 flat rate contract.