The Mets made Bonilla the highest-paid player in the National League by signing a five-year, $29 million deal prior to the 1992 season. Today we will discuss about Bobby Bonilla: Day explained| Why is it day| Contract details| When did retire.
Bobby Bonilla: Day explained| Why is it day| Contract details| When did retire
Roberto Martin Antonio Bonilla (born February 23, 1963) is an American former baseball player in Major League Baseball who played in the major leagues from 1986 to 2001.
| Born: February 23, 1963 The Bronx, New York |
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Batted: Switch
Threw: Right
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| MLB debut | |
|---|---|
| April 9, 1986, for the Chicago White Sox | |
| Last MLB appearance | |
| October 7, 2001, for the St. Louis Cardinals | |
| MLB statistics | |
| Batting average | .279 |
| Hits | 2,010 |
| Home runs | 287 |
| Runs batted in | 1,173 |
Day explained
The calendar has turned on 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 Thursday, 58-year-old Bobby Bonilla will collect checks from the New York Mets for $1,193,248.20, the same as he has and each from July 1, 2011 to 2035.
Because of baseball’s pay structure, Bonilla’s annual payday is often higher than that of some of the game’s current young stars — and this season that includes the salaries of a major American League MVP candidate and some potential 2021 All-Stars. . ,
But the Mets aren’t alone in the practice of handing out deferred payments to star players until they’ve finally adapted to the team, with former MVP and Cy Young winners notable names still collecting annual paychecks from their previous employers.
Why is it day
For Bobby Bonilla, this represents a massive payday. Bonilla hasn’t played an MLB game in over 20 years. But he’s still on the payroll of the New York Mets. And July 1 is the day Bonilla receives his annual compensation from the Mets.
Contract details
Bonilla signed a five-year deal with New York for $29 million in 1991 and proved to be quite productive in his first three-and-a-half years in Queens, scoring 73 home runs and posting 128 OPS from 1992–1994.
The Mets traded Bonilla to the Orioles during the 1995 season, a four-year spell where Bonilla would play for four different teams.
He returned to the Mets in 1999 but was released in 2000. New York was still on the hook for $5.9 million. The Mets’ ownership, locked in an investment partnership with Bernie Madoff, considers it more financially viable to defer payment for Bonilla’s contract, spreading it over 25 years (2011–2035) with eight percent interest.
When did retire
Bobby Bonilla Day “celebrates” the New York Mets’ annual deferred payment to a player who retired in 2001, and will be cash by 2035.
