- Words: 746
- Length: 2 Pages
- Topic: Careers
- Paper #: 72236472
Thus, the initial negotiation was not a difficult choice, as Miami had both the lowest opportunity cost and the highest benefits.
Later, when Washington re-entered the picture, it was because the league had raised suspicion with respect to the Miami contract with Howard. As a result, the cost-benefit analysis and risk analysis shifted. If Howard went to arbitration against the league, he would risk losing $50-60 million over the length