Bronx Community College has decided to terminate Professor Canals

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Bronx Community College has decided to terminate Professor Canals. The College sends a le±eroFering him $50,000 provided the Professor would sign a ³ull release giving up all claims hemight have against the College. Professor Canals signed it and out it in the nearest mailbox.When he got home, he received a check from the College for $50,000. Professor Canals wentback to the mailbox and got a mailman to give him back his le±er. He now wants to sue theCollege Claiming he never accepted the oFer.Is there a valid contract here? Please explain