As Mets fans surely know, back in 2000, the Mets bought out the final year of Bobby Bonilla’s contract, for which he was owed $5.9 million. And as part of that buyout, they agreed to defer payment, with interest, to Bonilla beginning … July 1, 2011! And so today, Bobby Bo returns to the Mets payroll, and he’ll stay there for the next 25 years, collecting an annual salary of $1,193,248.20. To quote Dennis Gilbert, who had represented Bonilla earlier in his career, from a Wall Street Journal article published a year ago today: “Bobby’s a very smart person, and he understands the value of income.” [Hardball Talk/NBC Sports]
Those Bobby Bonilla Deferred Payments Begin Today
Photo: Matthew Stockman