Bobby Bo hasn't been a Met since 1999, but Monday he'll receive a hefty check from his former team. Here's what to know about the deferred money.
The calendar has turned to July 1, and that means one thing: It's time for Mets fans everywhere to wish each other a Happy Bobby Bonilla Day! Why? On Monday, 61-year-old Bobby Bonilla will collect a check for $1,193,248.20 from theBecause of baseball's salary structure, Bonilla's annual payday is often more than some of the game's current young stars will make in a given year.
Here is everything you need to know about Bonilla's payday, deferred money in MLB and the current players making less for the 2024 season than Bobby Bo will receive from the Mets on Saturday.However, instead of paying Bonilla the $5.9 million at the time, the Mets agreed to make annual payments of nearly $1.2 million for 25 years starting July 1, 2011, including a negotiated 8% interest.
• Bret Saberhagen: Will receive $250,000 a year from the Mets for 25 years .• Manny Ramírez: Will collect $24.2 million total from the Red Sox through 2026.
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