Bobby Bonilla Day Explained | New York Mets News

Every July 1st, the Mets hand Bobby Bonilla a check for $1.19 million — the 16th year of a bizarre, decades-long deferred payment deal born from a 2000 buyout gone wild. Originally meant to ease financial strain during the Bernie Madoff fallout, the contract now totals nearly $30 million over 20 years, despite Bonilla not playing for the Mets in over 20 years. What started as a business move has turned into a cultural phenomenon, with the Mets embracing the humor and Bonilla himself joking that his payday overshadows his actual birthday. A former All-Star and World Series champ, Bonilla’s legacy is now inseparably tied to this absurd financial footnote — and it’s still going strong for another decade. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/20a72e4278585ebc