Happy Bobby Bonilla Day! Why do the Mets pay him $ 1.19 million every July 1?

This July 1 Bobby Bonilla receives his 1.19 million dollars ...

Cada July 1, social networks ironically celebrate the Bobby Bonilla Day. That is the date on which the New York Mets enter the account of the former player of Puerto Rican origin each year the impressive amount $ 1,193,248.20.

And it will continue until 2035, despite the fact that Bonilla (56 years old) played his last game in the majors in 2001 with St. Louis Cardinals. A contract clause for the former player from The Bronx allows him to receive the remainder of his last pact on a deferred basis.

When Bobby Bonilla joined the Mets in 1999, the Big Apple team agreed to pay the player the amount of $ 5.9 million by year.

The disappointing performances at the Puerto Rican diamond caused the Queens to decide to release him in 2000, when they still owed him $ 5.9 million for the last season.

The Mets released Bonilla, agreeing to defer the pending payment from 2011 to 2035 with an annual interest rate of eight percent.

Thus, Bonilla receives each July 1 1.19 million dollars until reaching a total profit of $ 29.8 million for a season in which He didn’t even play for the Mets.

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