Bobby Bonilla Day: How his deferred contracts compare to Shohei Ohtani’s deal

  • 📰 latimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

United States Headlines News

United States Latest News,United States Headlines

A 61-year-old Bobby Bonilla earns $1.19 million from the Mets and $500,000 from the Orioles annually. His deferred contracts are chump change compared to Shohei Ohtani's deal.

We should all enjoy a Bobby Bonilla Day. But we don't. Only one 61-year-old former ballplayer receives a payment of $1,193,248.20 from the New York Mets every July 1 through 2035. Why? Deferred is the word. It isn't Shohei Ohtani money, but it's something. The payments to Bonilla started in 2011, 10 years after he retired. He was a solid hitter, amassing 2,010 hits, 287 home runs and 30.

Ohtani will receive $68 million payments annually from 2034 to 2043, without interest. The structure was Ohtani’s idea, allowing the Dodgers to free payroll to sign more star players over the next decade. Shortly after Ohtani signed, the Dodgers reached agreements with free agent pitcher Yoshinobu Yamamoto , free agent outfielder Teoscar Hernandez and trade acquisition Tyler Glasnow . The Dodgers, in fact, have made Bonilla's yearly deferred income look like chump change.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Happy Bobby Bonilla Day: Here's why the Mets pay him $1.19 million every July 1For most of us, it is simply July 1, but New York Mets fans know it by a different name - Bobby Bonilla Day.
Source: ABC7NY - 🏆 592. / 51 Read more »

Bobby Bonilla Day: Why New York Mets pay $1.19M every July 1Bobby 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.
Source: espn - 🏆 731. / 51 Read more »

Mets have turned Bobby Bonilla Day into an unofficial holiday: 'Like my birthday'For Mets fans, July 1 wasn’t always a day of celebration.
Source: nypost - 🏆 91. / 67 Read more »

Bobby Miller struggles, but Shohei Ohtani homers as Dodgers rally to victoryBobby Miller has a rough outing, lasting only two innings, but the Dodgers rally and defeat the Chicago White Sox.
Source: latimes - 🏆 11. / 82 Read more »

Bobby Bonilla embraces hype around Mets payment, set to make more than star NFL quarterbackBobby Bonilla appeared to be embracing the hype around the unofficial day named in his honor as the New York Mets pay the next installment of his deferred contract.
Source: FoxNews - 🏆 9. / 87 Read more »

Bobby Bonilla Day is here, with a giant check for a Mets star who retired 23 years agoNY Mets star Bobby Bonilla retired in 2001 -- and he's still getting paid.
Source: NBCNewYork - 🏆 270. / 63 Read more »