The Mets are paying Bobby Bonilla until 2035...

markakis8 · Jan 6, 2010

This is hilarious to me.

"Plus Bobby Bonilla will receive 25 equal payments of $1,193,248.20M each July 1 from 2011 to 2035 A total of $29,831,205M"

http://tartans.blogs.cbssports.com/mcc/ ... 0/18234222

sportscardtheory · Jan 6, 2010

Why???

hive17 · Jan 6, 2010

Anyone know why?

braden · Jan 6, 2010

Deferred money, I'd assume. The Cards are paying Holliday until 2029 under his new contract.

markakis8 · Jan 6, 2010

This is how I found out about it, through the Holliday article.

I didn't even realize Bonilla made that much money....$30 million...

braden said:
Deferred money, I'd assume. The Cards are paying Holliday until 2029 under his new contract.

brumbach · Jan 6, 2010

I think that the Phillies finally paid off the last of Thome's contract last season.

rookieaddict · Jan 6, 2010

It's genius really. For both the players and the teams.

markakis8 · Jan 6, 2010

In reality though I'm sure someone was smart enough to put millions in an interest-accruing account and are just paying Bonilla with the interest.

At least I hope they did that.

sportscardtheory · Jan 6, 2010

Nothing like sitting on your ass and getting payed for the rest of your life. What a joke of a society we live in that people are rewarded to this extent for being marginally good at a game while people that have meaningful occupations make barely enough to survive.

kdailey4315 · Jan 6, 2010

sportscardtheory said:
Nothing like sitting on your ass and getting payed for the rest of your life. What a joke of a society we live in that people are rewarded to this extent for being marginally good at a game while people that have meaningful occupations make barely enough to survive.

Why is it a joke that people are smart enough to makes this amount money, which I'm sure saved the Mets millions is payroll taxes? Why is it a joke that people are able to make as much money as possible regardless of how it is paid out.

jdbrak · Jan 6, 2010

it has to do with supply and demand - how many people were as good as he was as his job in the world vs how many people are as good as you are at your job

sportscardtheory · Jan 6, 2010

kdailey4315 said:
sportscardtheory said:

Nothing like sitting on your ass and getting payed for the rest of your life. What a joke of a society we live in that people are rewarded to this extent for being marginally good at a game while people that have meaningful occupations make barely enough to survive.

Click to expand...

Why is it a joke that people are smart enough to makes this amount money, which I'm sure saved the Mets millions is payroll taxes? Why is it a joke that people are able to make as much money as possible regardless of how it is paid out.

Bobby Bonilla is not to blame. I am not blaming him. If he was a brain surgeon that saved lives, I wouldn't care that he gets million dollar handouts every year for the rest of his life. It's the entire system that is a joke. Just because you sign a contract, doesn't mean you deserve it.

autocut · Jan 6, 2010

sportscardtheory said:
Nothing like sitting on your ass and getting payed for the rest of your life. What a joke of a society we live in that people are rewarded to this extent for being marginally good at a game while people that have meaningful occupations make barely enough to survive.

You support these people by being a fan of what they do.

sportscardtheory · Jan 6, 2010

I guess I just believe guaranteed contracts are horse sh$t. He's clearly not earning the money, so it's a freaking hand-out. It happens all the time in baseball. I would probably be ashamed to collect money for doing nothing. I can honestly say I would give a lot of it to charity... which he might do for all I know.

Vagrant · Jan 6, 2010

sportscardtheory said:
kdailey4315 said:

sportscardtheory said:

Nothing like sitting on your ass and getting payed for the rest of your life. What a joke of a society we live in that people are rewarded to this extent for being marginally good at a game while people that have meaningful occupations make barely enough to survive.

Click to expand...

Why is it a joke that people are smart enough to makes this amount money, which I'm sure saved the Mets millions is payroll taxes? Why is it a joke that people are able to make as much money as possible regardless of how it is paid out.

Click to expand...

Bobby Bonilla is not to blame. I am not blaming him. If he was a brain surgeon that saved lives, I wouldn't care that he gets million dollar handouts every year for the rest of his life. It's the entire system that is a joke. Just because you sign a contract, doesn't mean you deserve it.

And you are so disgusted by this inequality in our societal structure that you buy little pictures of them with their signatures on it?

If you can get ratings like the World Series gets for a brain operation, then start up a league. Then we can complain about how bus drivers are getting the hose.

rookieaddict · Jan 6, 2010

sportscardtheory said:
Nothing like sitting on your ass and getting payed for the rest of your life. What a joke of a society we live in that people are rewarded to this extent for being marginally good at a game while people that have meaningful occupations make barely enough to survive.

Not sure where you're coming from. If this is just a general statement about how you hate that sports are a business, that's one thing. But don't fault Bonilla. He's getting paid because he and his agent negotiated for him to have income after his playing days. This is all from the contract he signed in 1992. The 4 seasons leading up to it he was an all-star all for years, won a silver slugger 3 of them and was in the top 3 for MVP voting twice.

Additionally, this is the type of move generally made by a player to free up money for the team to improve the product they are putting on the field.

BrewerSuperCollector · Jan 6, 2010

I wish people would comw watch me work, so I can get paid more for it. I don't think it will happen though.

mlbsalltimegreats · Jan 6, 2010

Man I still remember the Hype when Bonilla was signed by the Mets back then. He was supposed to be the savior for that franchise.

sportscardtheory · Jan 6, 2010

Vagrant said:
sportscardtheory said:

kdailey4315 said:

sportscardtheory said:

Nothing like sitting on your ass and getting payed for the rest of your life. What a joke of a society we live in that people are rewarded to this extent for being marginally good at a game while people that have meaningful occupations make barely enough to survive.

Click to expand...

Why is it a joke that people are smart enough to makes this amount money, which I'm sure saved the Mets millions is payroll taxes? Why is it a joke that people are able to make as much money as possible regardless of how it is paid out.

Click to expand...

Bobby Bonilla is not to blame. I am not blaming him. If he was a brain surgeon that saved lives, I wouldn't care that he gets million dollar handouts every year for the rest of his life. It's the entire system that is a joke. Just because you sign a contract, doesn't mean you deserve it.

Click to expand...

And you are so disgusted by this inequality in our societal structure that you buy little pictures of them with their signatures on it?

If you can get ratings like the World Series gets for a brain operation, then start up a league. Then we can complain about how bus drivers are getting the hose.

Sure, because I spend what little I do on cards, Bobby Bonilla deserves to collect millions of dollars for the rest of his life for doing nothing. There are Hall of Famers that are still alive and have never even sniffed at a fraction of that amount of money. But you are right, Bobby Bo deserves it because MLB is a money machine.

NYCrulesU · Jan 6, 2010

sportscardtheory said:
kdailey4315 said:

sportscardtheory said:

Nothing like sitting on your ass and getting payed for the rest of your life. What a joke of a society we live in that people are rewarded to this extent for being marginally good at a game while people that have meaningful occupations make barely enough to survive.

Click to expand...

Why is it a joke that people are smart enough to makes this amount money, which I'm sure saved the Mets millions is payroll taxes? Why is it a joke that people are able to make as much money as possible regardless of how it is paid out.

Click to expand...

Bobby Bonilla is not to blame. I am not blaming him. If he was a brain surgeon that saved lives, I wouldn't care that he gets million dollar handouts every year for the rest of his life. It's the entire system that is a joke. Just because you sign a contract, doesn't mean you deserve it.

I agree 100%

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