Mets will be paying Bobby Bonilla for the next 25 years
- Thread starter BCSD2012
- Start date
Why would you think that? And the mets would have made the most of this deal if not for the Maddof scheme. Thats why they did such a deal.
This nigga getting paid by two organizations and hasn't played baseball since 2001. And somehow got a job in the MLB that pays 200k a year. Unbelievable. Unfuckingbelieveable.
But at the end of the day tho
Dame dash really had Kanye shanking niggas in state property 2
Dame dash really had Kanye shanking niggas in state property 2
damnI hated him when he was on the Pirates, and I hated him when he was part of the underachieving Mets that came after my great 84-87 Mets (somebody gotta post that clip of him trying to punk out a reporter)....but damn, I gotta be happy for him for making this deal. Too bad about the wife though.
Good shit!
Get that $!
Get that $!
Vince young now this is chess.
Tomorrow is Bobby Bonilla Day, when the retired baseball player will collect a $1.2 million check from the New York Mets as he has and will continue to do so every July 1 from 2011 through 2035 thanks to a buyout deal with the franchise
This brotha worked the system. can't be mad.
rumor is?
He might be taking a buy out...
dumb move by him in my opinion if true he BETTER get EVERY penny
griffey was one of my favorite players. that swing of his and how cool he was.
Mets fans treat Bobby Bonilla Day like Christmas on Twitter
Alicia de Artola 19 mins ago
Why is Bobby Bonilla trending on Twitter? It's almost Bobby Bonilla Day, an occasion New York Mets fans are celebrating like Christmas.
© Provided by Fansided
For New York Mets fans, it's almost one of the best days of the year.
Thursday, July 31, is Bobby Bonilla Day when the Mets will pay $1,193,248.20 to retired player Bobby Bonilla.
The funny part? Bonilla finished his baseball career in 2001. New York will continue paying him that amount every year until 2035.
The celebrations just got started a bit early this year.
Here's why Bobby Bonilla is trending on Twitter
The Mets caused a stir when they mentioned Bobby Bonilla Day on Twitter while teasing something "BIG."
Speculation about what the announcement might be was immediate.
Fans were already way ahead of the team celebrating what amounts to Bobby Bonilla Eve.
There's just something about Bonilla's payday that captures the imagination and tickles the funny bone of baseball fans.
What is Bobby Bonilla Day?
So why are the Mets paying more than a million dollars to a player who hasn't played for them since 1999?
Bonilla played for the team from 1992-95 before being traded to the Baltimore Orioles. The team brought the 36-year-old back for the 1999 season via a trade with the Los Angeles Dodgers. He played just 60 games and was considered a huge disappointment while batting .160/.277/.303.
New York wanted rid of him but still owed him $5.9 million on his contract. Bonilla's agent, Dannis Gilbert, and the Mets negotiated a deal to benefit both sides. Bonilla agreed to defer the payment for 10 years while accruing eight percent interest. New York wouldn't have to worry about the $5.9 for a decade, using that money to sign other players, while Bonilla would net $29.8 million for his patience.
According to Darren Rovell of ESPN, the Mets owners had invested with Bernie Madoff and figured they'd make more money in their returns from financier than the interest they'd be paying Bonilla. That plan fell apart when Madoff was found out as a fraud, but Bonilla was still owed his money.
So, beginning on July 1, 2011, the Mets cut Bonilla the first of 25 yearly checks for nearly $1.2 million. The 2021 check is their 11th and they're obligated to do so every July 1 until 2035.
Alicia de Artola 19 mins ago
Why is Bobby Bonilla trending on Twitter? It's almost Bobby Bonilla Day, an occasion New York Mets fans are celebrating like Christmas.
© Provided by Fansided
For New York Mets fans, it's almost one of the best days of the year.
Thursday, July 31, is Bobby Bonilla Day when the Mets will pay $1,193,248.20 to retired player Bobby Bonilla.
The funny part? Bonilla finished his baseball career in 2001. New York will continue paying him that amount every year until 2035.
The celebrations just got started a bit early this year.
Here's why Bobby Bonilla is trending on Twitter
The Mets caused a stir when they mentioned Bobby Bonilla Day on Twitter while teasing something "BIG."
Speculation about what the announcement might be was immediate.
Fans were already way ahead of the team celebrating what amounts to Bobby Bonilla Eve.
There's just something about Bonilla's payday that captures the imagination and tickles the funny bone of baseball fans.
What is Bobby Bonilla Day?
So why are the Mets paying more than a million dollars to a player who hasn't played for them since 1999?
Bonilla played for the team from 1992-95 before being traded to the Baltimore Orioles. The team brought the 36-year-old back for the 1999 season via a trade with the Los Angeles Dodgers. He played just 60 games and was considered a huge disappointment while batting .160/.277/.303.
New York wanted rid of him but still owed him $5.9 million on his contract. Bonilla's agent, Dannis Gilbert, and the Mets negotiated a deal to benefit both sides. Bonilla agreed to defer the payment for 10 years while accruing eight percent interest. New York wouldn't have to worry about the $5.9 for a decade, using that money to sign other players, while Bonilla would net $29.8 million for his patience.
According to Darren Rovell of ESPN, the Mets owners had invested with Bernie Madoff and figured they'd make more money in their returns from financier than the interest they'd be paying Bonilla. That plan fell apart when Madoff was found out as a fraud, but Bonilla was still owed his money.
So, beginning on July 1, 2011, the Mets cut Bonilla the first of 25 yearly checks for nearly $1.2 million. The 2021 check is their 11th and they're obligated to do so every July 1 until 2035.
Shows you how trash and racist baseball is not to celebrate players like him more
Kids in the hood barely follow baseball anymore
Players like the kid...
Were box office gold
happy bobby bonilla day
Shit they handing out 300 mill contracts like it aint shit now...
this aint 1999 ...truss me the Mets good ...they have tht in their seat cushions ...
Bobby n the Mets made out ... no losers here ...
check wht the Mets was worth in 1999 and what they are worth now ...?
wht bugs me out they being petty ...they can just cut the man a check n b done with it ...
they gonna slow pay tht man ....
this aint 1999 ...truss me the Mets good ...they have tht in their seat cushions ...
Bobby n the Mets made out ... no losers here ...
check wht the Mets was worth in 1999 and what they are worth now ...?
wht bugs me out they being petty ...they can just cut the man a check n b done with it ...
they gonna slow pay tht man ....
Nah Bobby is not about a buyout.....they just unveiled a new "experience" at the park and Bobby spoke on it
Bonilla's famed contract fetches $180K at auction
Bobby Bonilla's infamous contract with the New York Mets has sold with collectibles marketplace Goldin for $180,000.
Bonilla's famed contract fetches $180K at auction
Bobby Bonilla's infamous contract with the New York Mets has sold with collectibles marketplace Goldin for $180,000.
Chris Bosh's Massive Bobby Bonilla-Type Deal Is Now Over
When Chris Bosh was waived in July 2017, the Heat still owed him $52.1 million which would have kept him in Miami until the 2018-19 season.
Chris Bosh on the Sudden, ‘Surreal’ End of His NBA Career
The Miami Heat star and newly elected Hall of Famer is sharing what he learned with a new generation of young athletes.
www.wsj.com
I still don't get the math on this one....I understand there's inflation and the fact they weren't paying him for 10/11 years.....
But $1.2 mill gets to $6 mil in 5-6 years, adjusting for inflation and interest maybe tack on another 5/6yrs .....but to jump out the window with 25 yrs.........just mind boggling......his agent whoever they were must've had all the photos and recordings on them, haha
