Bobby Bonilla's Career Earnings, Full Timeline of Future Contract Payments After 16th Installment
Key Points:
- July 1 marks the 16th annual Bobby Bonilla Day, when the former MLB All-Star receives a $1.2 million payment from the New York Mets due to a contract buyout deal made in 2000.
- Bonilla has been receiving these deferred payments since 2011, with his total earnings from the deal reaching over $19 million, and will continue to earn nearly $1.2 million annually through 2035.
- This is one of two deferred contracts Bonilla holds, the other being a $500,000 annual payment from the Mets and Baltimore Orioles deal, running from 2004 to 2028.
- The original deal was negotiated after Bonilla’s release by the Mets in 2000, deferring a $5.9 million payout into a series of larger future payments totaling $29.8 million.
- Mets owner Steve Cohen has hinted at celebrating Bobby Bonilla Day at Citi Field, but no such event has occurred yet, and with the Mets playing away games on July 1, a celebration may not happen until at least 2027.