Happy Bobby Bonilla Day! Why Mets pay him $1.19M every July 1

[Mrwiregrass]

Happy Bobby Bonilla Day! Why Mets pay him $1.19M every July 1

Bobby Bo hasn't called Queens home since 1999, but today he'll receive a hefty check from his former employer -- just as he does every year on this date. Here's what you need to know about Bonilla's unusual annual payday.

www.espn.com

 

[Blacknbengal]

Cool!!!

 

[buckwheat1911]

Happy Bobby Bonilla Day! Why Mets pay him $1.19M every July 1

Bobby Bo hasn't called Queens home since 1999, but today he'll receive a hefty check from his former employer -- just as he does every year on this date. Here's what you need to know about Bonilla's unusual annual payday.

www.espn.com

Good deal for Bobby and a few other players. They will be paid a long time.

 

[Mrwiregrass]

He will receive that until, he is 72. Damn, no worries.

 

[Mrwiregrass]

He should put some money on Bernie Madoff's books.

 

[JR]

He will receive that until, he is 72. Damn, no worries.

Plus he gets his baseball pension from the Players Union.

 

[C-LeB28]

"Deferred Compensation"

 

[Fiyah]

View: https://twitter.com/MilesAhead35/status/1278308008498540544?s=20

 

[Journalist]

THE legend at the bank

 

[EB]

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 (link).

 

[In_The_662]

Dude literally hit the lottery when he signed this contract lol

 

[Journalist]

He also gets another bag of $500K from the Mets and Orioles from 2004 to 2029 ...

THE legend at the bank

 

[Fiyah]

How did we forget about this yesterday?

 

[In_The_662]

Still over a decade left of cashing those checks

 

[GRAM4LIFE]

The money he has saved over time in taxes is also crazy.

 

[EB]

I am thinking about the Silna brothers, who were ABA owners who made out on a deal with the NBA.

The Story Of How The Silna Brothers Turned $1 Million Into $800 Million Without Owning An NBA Team

The Silna Brothers Finally Settle With The NBA And The Payout Is INSANE

Several months back we wrote an article titled "The Greatest Sports Business Deal Of All Time". The article tells the story of two of the luckiest (an...

www.celebritynetworth.com

 

[Fiyah]

View: https://twitter.com/nut_history/status/1807737038029947063