Answer to Problem of the Month for March 2015

In November 2014, I read in the newspaper that the Miami Marlins signed outfielder Giancarlo Stanton to a record 13-year, $325 million contract. So, I decided to look at the salaries of other celebrities and some real people to compare their daily wages. This problem is more informational than mathematical.

Compute the daily wages of each of the following people. Then compute how much Giancarlo Stanton gets paid for each game that he plays (there are 162 regular season games in Major League Baseball).

Click here for a longer list of salaries

You may use 365 days in a year for your calculations and you may round to the nearest dollar for your daily salaries.


   Name			Profession					Salary
1. Giancarlo Stanton    Baseball Player (Miami Marlins)	         	$325 million for 13 years
2. Alex Ovechkin        Hockey Player (Washington Capitals)		$124 million for 13 years
3. Peyton Manning 	Football Player (Denver Broncos)		$96 million for 5 years
4. Johnny Manziel	Football Player (Cleveland Browns)		$8.25 million for 4 years
5. LeBron James		Basketball Player (Cleveland Cavaliers)		$42.22 million for 2 years

6. Barack Obama    	President of the United States			$400,000 per year
7. John Boehner		Speaker of the House of Representatives		$174,000 per year
8. Pope Francis		Pope of the Catholic Church			$0.00 per year
                                                               
9. Angelina Jolie	Actress						$18,000,000 per year
10. Daniel Radcliffe	Actor						$86,888,889 per year
11. Beyonce Knowles 	Singer						$115,000,000 per year
12. Oprah Winfrey	Talk Show Host					$82,000,000 per year
13. J.K. Rowling	Writer						$14,000,000 per year

14. Charif Souki 	CEO of CHENIERE ENERGY INC 			$141,949,280 per year
15. Marissa A. Mayer 	CEO of YAHOO INC  				$24,935,712 per year
16. Bill Gates		Co-founder of Microsoft				$8,000,000 per year

17. Lara Kibler		English Teacher (Lincoln, NE)			$48,248 per year
18. Alex Denison	Trout Farm Owner (Nantahala, NC)		$12,700 per year
19. Charley Vannice	Railroad Conductor (Molalla, OR) 		$120,000 per year
20. Cheryl McPherson	Pediatric Nurse (Sayreville, NJ)		$85,000 per year
21. Jerry McKenna	Sculptor (Boerne, TX)				$85,000 per year
22. Gerry Smith 	Oil Industry Inspector (Fairbanks, AK) 		$130,000 per year
23. Heather Proctor	Short-Order Cook (Malvern, AR)			$19,000 per year
24. Joe Commodore	Oil and Gas Consultant (Boulder, WY)		$50,000 per year
25. Lee Chapman		Firefighter (Bloomington, IN)			$52,000 per year

Solution to the Problem:


   Name			Salary				Daily Salary
1. Giancarlo Stanton    $325 million for 13 years	  $68,493
2. Alex Ovechkin        $124 million for 13 years	  $26,132
3. Peyton Manning 	$96 million for 5 years		  $52,603
4. Johnny Manziel	$8.25 million for 4 years	   $5,651
5. LeBron James		$42.22 million for 2 years	  $57,836

6. Barack Obama    	$400,000 per year		   $1,096
7. John Boehner		$174,000 per year		     $477
8. Pope Francis		$0.00 per year			       $0
                                                               
9. Angelina Jolie	$18,000,000 per year		  $49,315
10. Daniel Radcliffe	$86,888,889 per year		 $238,052
11. Beyonce Knowles 	$115,000,000 per year		 $315,068
12. Oprah Winfrey	$82,000,000 per year		 $224,658
13. J.K. Rowling	$14,000,000 per year		  $38,356

14. Charif Souki 	$141,949,280 per year		 $388,902
15. Marissa A. Mayer 	$24,935,712 per year		  $68,317
16. Bill Gates		$8,000,000 per year		  $21,918

17. Lara Kibler		$48,248 per year		     $132
18. Alex Denison	$12,700 per year		      $35
19. Charley Vannice	$120,000 per year		     $329
20. Cheryl McPherson	$85,000 per year		     $233	
21. Jerry McKenna	$85,000 per year		     $233
22. Gerry Smith 	$130,000 per year                    $356
23. Heather Proctor	$19,000 per year                      $52
24. Joe Commodore	$50,000 per year                     $137
25. Lee Chapman		$52,000 per year                     $142
 	
Giancarlo Stanton is paid $154,320 per game!

Correctly solved by:

1. Dalton Hereford	Mountain View High School, Mountain View, Wyoming
2. Hannah Behunin	Mountain View High School, Mountain View, Wyoming
3. Ryan Woody	Mountain View High School, Mountain View, Wyoming
4. Chris Stringer	Mountain View High School, Mountain View, Wyoming
5. Isaac Kampman	Mountain View High School, Mountain View, Wyoming
6. Hannah Stoddard	Mountain View High School, Mountain View, Wyoming
7. Keith Mealy	Cincinnati, Ohio

March 2015 Problem of the Month

Correctly solved by:

March 2015
Problem of the Month