Bobby Bonilla contract

2022 - 7 - 1

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Image courtesy of "ESPN"

What is Bobby Bonilla Day? Explaining why the former Met gets paid ... (ESPN)

Bobby Bo hasn't played for the Mets since 1999, but Friday he'll receive a hefty check from his former employer. Here's what you need to know about the ...

Julio Rodriguez (2.9 WAR): $700K Jeremy Pena (2.9 WAR): $700K Andres Gimenez (3.0 WAR): $706K Ty France (3.0 WAR): $734K Kyle Tucker (3.7 WAR): $764K Yordan Alvarez (3.7 WAR): $764K

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Image courtesy of "New York Post"

Happy Bobby Bonilla Day! Only 13 more years until he's off the payroll (New York Post)

It's July 1, which means it's time for Bobby Bonilla to cash another fat check from the Wilpons.

Some have even suggested Cohen present Bonilla with a jumbo check to embrace the joke. Bonilla has recently joined in on the fun of teasing the Mets over his ridiculous contract. For 2021’s Bobby Bonilla day, Ryan Reynolds and Mint Mobile offered customers “the Bobby Bonilla deal of wireless.” The offer was 25 years of service for $100 per year. Mets fans have reason to look back on the Ponzi scheme and Bonilla’s contract with a smile, however. For the 12th consecutive year, Bonilla is collecting $1,193,248.20 from the Mets. “It’s just unfortunate [the Wilpons] got hoodwinked in the Madoff deal.

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Image courtesy of "Sporting News"

Bobby Bonilla Day, explained: Why does the former Mets star get ... (Sporting News)

For so many, July 1 represents the true start of the heart of summer. For Bobby Bonilla, it represents a massive payday. Bonilla hasn't played an MLB game ...

He is part of one of the greatest contracts in sports. New York still was on the hook for $5.9 million. And it’s a fun day because it always brings a smile to my face. But he's still on the New York Mets' payroll. So much so that New York opted to buy out Bonilla's contract in 2000. For Bobby Bonilla, it represents a massive payday.

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Image courtesy of "USA TODAY"

Bobby Bonilla Day: How infamous contract led to the New York Mets ... (USA TODAY)

Working to free up payroll space for the 2000 season, the Mets made made a deal with Bobby Bonilla.

("I've got a son that's working on his master's, and my other son's on the dean's list ... so I guess the school system worked out all right," Hampton joked 20 years later.) The lefty won 15 games with a 3.14 ERA in 2000 and was named NLCS MVP as the Mets reached the World Series for the first time in 14 years, falling to the rival Yankees in five games. Coming off a trip to the NLCS in 1999, New York had World Series hopes – and $5.9 million was a sizable salary back then, with the league's median payrolls in the $50-60 million range.

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Image courtesy of "Fortune"

Today is Bobby Bonilla Day, in honor of baseball player who made ... (Fortune)

Who is Bobby Bonilla? To Gen Xers and older millennials, he formed one half of “Bobby Bo and Barry Bo” with Barry Bonds on the Pittsburgh Pirates of the 1980s.

With that in mind, Mets ownership reportedly believed deferring Bonilla’s contract was the more financially viable option for the team at the time. While it’s perhaps the most famous, Bonilla’s deal isn’t the only lopsided deal in sports history. In 2000, after Bonilla was traded back to the Mets, they elected to buy Bonilla out of the remainder of his contract rather than keep him as a player. He underperformed as a Met, and was traded before the contract expired. To fans of sports business, he’s the best dealmaker of all time, the GOAT of contract negotiations. “It's just such an anomaly in sports, it just can't help but be noticed.

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Image courtesy of "Yahoo Sports"

Happy Bobby Bonilla Day! Celebrating the legendary contract that ... (Yahoo Sports)

Every July 1 from 2011-2035, the New York Mets dole out $1.19 million to Bobby Bonilla, who hasn't played for them since 1999.

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