Bobby Bonilla Receives $1.19M Annual Payment from Mets

Bobby Bonilla, a former MLB player, continues to receive annual payments from the New York Mets as part of a deferred payment plan initiated in 2011, lasting until 2035. The Mets' decision to defer Bonilla's compensation with interest arose from a buyout in 2000, totaling $5.9 million. Despite initial financial optimism due to investments, the plan faced challenges linked to Bernie Madoff's Ponzi scheme. Bonilla's yearly payment of approximately $1.2 million surpasses the 2024 salary of NFL player Brock Purdy. This arrangement, known as 'Bobby Bonilla Day,' remains a subject of celebration and fascination among fans across different sports.