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Happy Bobby Bonilla Day!

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tpeichel

Well-known member
Oct 10, 2008
15,639
119
Mets send him his million dollar check today. Well played Bobby Bonilla's agent.
 

Super Mario

Well-known member
Mar 1, 2009
18,242
85
Mushroom Kingdom
Bruce Sutter has a similar contact up to 2021.

At the end of his deferred contract he gets a 9.1 million payment.

http://tomahawktake.com/2015/07/04/atlanta-braves-morning-chop-a-bad-contract-still-being-paid/3/

Let’s spell that out:

1985-1991: $750,000 each year (6 years)
1992-2021: $1.12 million every year (30 years)
2021: $9.1 million, which represents the ‘principal’ dollars that were supposedly placed in a 12.3% interest-bearing annuity back in 1985.
By those numbers, that adds up to $45 million over the 36 year life of the deal. Bonilla’s deferment arrangement totals only $29.8 million.
 

tpeichel

Well-known member
Oct 10, 2008
15,639
119
I was talking about his time with the Mets. Heck he made two AS teams with NYMbut I don't think his days there could be described any better

Yeah, that contract gave fans unrealistic expectations and it didn't help that his first year was a really down year for him. Funny thing he had a career year, the year the Mets dealt him.
 

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