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Bobby Bonilla Cashes In: $1.2M Annually Until 2035

7/1/2025

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Summary

Story summary

Bobby Bonilla, the former MLB star, continues to cash in on a remarkable deal, receiving $1,193,248.20 each year from the New York Mets until 2035. This unique arrangement stems from a 2000 buyout, a decision influenced by the Mets' disastrous investment in Bernie Madoff's Ponzi scheme. Bonilla's ongoing payday underscores the growing trend of deferred contracts in baseball.

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Story summary

Bobby Bonilla, the former MLB star, continues to cash in on a remarkable deal, receiving $1,193,248.20 each year from the New York Mets until 2035. This unique arrangement stems from a 2000 buyout, a decision influenced by the Mets' disastrous investment in Bernie Madoff's Ponzi scheme. Bonilla's ongoing payday underscores the growing trend of deferred contracts in baseball.