The Mets paid Bobby Bonilla until 2035 according to Mike Greenberg. There are two words in this sentence.
It's time for Mets fans to wish each other a happy Bobby Bonilla Day because the calendar has turned. What's the reason? Bobby Bonilla will collect a check for more than one million dollars from the New York Mets on Friday.
Bonilla's annual pay is often more than some of the game's current young stars will make in a given year because of baseball's salary structure.
The Mets are not alone in their practice of giving out deferred payments to stars long after they leave the team, with many of them still getting annual paychecks from their previous employers.
Here is everything you need to know about Bonilla's pay, deferred money in MLB and the current players making less than Bobby Bo will get from the Mets on Friday.
Bonilla's contract was bought out by the Mets in 2000.
Instead of paying Bonilla $5.9 million, the Mets agreed to make annual payments of over a million dollars for the next 25 years.
The Mets had invested in a account that promised double-digit returns and were poised to make a lot of money, but that didn't happen.
The Mets are embracing Bonilla's day after new owner Steve Cohen mentioned the possibility of celebrating it annually.
Bonilla last played for the Mets in 1999 and last played in the majors for the Cards in 2001 but he will be paid through 2035.
Here are some deferred-money contracts.
Bobby Bonilla gets $500,000 a year for 25 years under a deferred contract with the Mets and Orioles. Payments started in 2004.
There are seven teams that could challenge the Yankees.
There is a man namedBuster Olney.
The inspiration for Bonilla's deal was the $250,000 a year paid by the Mets to Saberhagen.
The Nationals will pay out $105 million over the course of eight years.
A total of $24.2 million will be collected from the Red Socks by the end of the decade.
The deferral from Ken's nine-year, $116 million deal signed in 2000 will allow the Reds to give him $3.59 million a year for the next five years.
As a result of $13 million deferred when he signed a two-year extension in 2010, Todd Helton will get 13 million dollars from the Rockies over the course of his career.
Because baseball's salary structure has young players start their careers by earning just over half of Bonilla's annual salary, here are some notable players who will be making less than Bonilla this season.
Tommy Edman had a 4.3WAR.
Yordan Aranda has a 3.8 WAR.
We are less than a month away from the draft. The team is zeroing in on someone.
The MLB mock draft is updated every year.
The baseball draft is on Sunday. July 17 is on the air.
Kyle Tucker's WAR is 3.8.
Alejandro Kirk has a 3.3WAR.
The cost for Tony Gonsolin is $720k.
The manoah had a 3.1 WAR.
Ty France had a 3.0WAR.
Gimenez has a 3.0 war.
$700K was given to Jeremy Pea.
$700K goes to Julio Rodriguez.
The figures were used in the story.
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