
July 1 again? That must mean it’s Bobby Bonilla Day for the New York Mets organization once more.
As most, if not all, Mets fans have come to know, Bonilla will receive a check for $1.19 million on the first of July until 2035.
The Mets got themselves into this situation after they deferred $5.9 million they owed Bobby Bo for the 2000 season.
Bonilla didn’t even play a game for the Mets that year, but his agent worked out a deal that deferred the payment with an 8 percent increase.
A hefty payday for a guy that hasn’t played in the majors since October 7, 2001 as a member of the St. Louis Cardinals.
When Bonilla receives that final paycheck on July 1, 2035, he will have accrued $29.8 million from the Mets.
While July 1 has come to be notorious for this reason as a Mets fan, New York isn’t the only team that is on the hook for a load of cash they are doling out to players who aren’t on the team anymore.
In fact, the Baltimore Orioles are also paying Bonilla just over $200,000 until 2028. What a lucky duck that guy is.
If you’re feeling down about the July 1 day of infamy, MMO’s own Michael Mayer compiled a comprehensive list that may ease your spirits.
Apart from Bonilla, here are some bad deals other teams across the majors are facing yearly:
-The Boston Red Sox will pay outfielder Manny Ramirez for nearly $2 million every July 1 which will continue through the 2026 with interest.
-The Cincinnati Reds will pay Hall-of-Famer Ken Griffey Jr. almost $3.6 million until 2024.
-The Reds will also pay pitcher Bronson Arroyo $1.3 million until 2021. Arroyo was paid over $10 million in 2015 from four different teams (Reds, Dodgers, Diamondbacks and Braves) without throwing a single pitch.
-The Colorado Rockies will pay first baseman Todd Helton an undisclosed amount every July 1 through 2023. Helton will get $13 million over 10 years with interest.
-The Seattle Mariners still owe future Hall-of-Famer Ichiro Suzuki a portion of his final contract. He will receive payments from the Mariners until at least 2032 once he retires.
-The Atlanta Braves owe pitcher Bruce Sutter $1.3 million through 2020. The payments began in 1990, talk about a nice 30 years!
-Max Scherzer’s contract with the Washington Nationals ends after the 2021 season, but the pitcher will receive $15 million each year in deferred payments from 2022-28.
Now don’t you feel a bit better? We aren’t alone out there, Mets fans!
We can celebrate Bonilla day among the other fans who are also suffering from the long-term issues their teams got themselves into.





