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Mets begin paying Bonilla $30M over next 25 years

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08:21 AM ET 05.16 | Bobby Bonilla is about to add insult to injury. The beleaguered Mets -- hammered by Bernie Madoff's fraud, free-agent flops and ballpark tumbleweeds -- will soon start forking over $1.2 million annually for 25 years to the paunchy, 48-year-old ex-slugger who hasn't picked up a bat in a decade. Bonilla, a notorious malcontent who bombed on and off the field for the not-so-Amazin's in the 1990s, will start collecting his nearly $30 million windfall on July 1. Thanks to a deferred deal he inked with the clueless club in 2000, he'll collect seven-figure checks through 2035. Not that Bobby Bo is short on dough. He pocketed some $50 million during his career, which included two stints in New York, and resides in an $8 million mansion in Greenwich, Conn.

New York Post

Bobby Bonilla, Getty Images Bobby Bonilla, Getty Images
May 16, 2011  08:22 AM ET

There goes the Penthouse on Park Ave for Jeff.

May 16, 2011  08:42 AM ET

These kinds of deals went on all the time and still do so why bring it up?

May 16, 2011  09:15 AM ET

Next time you pay $8 for a beer Mets fan, take comfort in knowning approximately $.10 of it is going to Mr. Bonilla's bank account.

May 16, 2011  09:24 AM ET

I guess Bobby isn't a stupid as we thought.

May 16, 2011  09:26 AM ET

Wow, didnt he retire like 10 years ago? The Mets are pathetic. Its a shame to even call them New York. GO YANKEES!

May 16, 2011  09:46 AM ET

This redefines the worst contract handed out by a team in history...

May 16, 2011  09:58 AM ET

Nobody held a gun to the Mets head to sign it. These deals are all over the place. Bruce Sutter has a real beauty. This is the kind of thing that could make Bud Selig get so upset that he might slap some more restrictions on the Dodgers.

May 16, 2011  10:17 AM ET

WTG Mets! ha ha ha

May 16, 2011  10:28 AM ET
QUOTE(#7):

Nobody held a gun to the Mets head to sign it. These deals are all over the place. Bruce Sutter has a real beauty. This is the kind of thing that could make Bud Selig get so upset that he might slap some more restrictions on the Dodgers.

He won't slap it on the Mets though... their buddies...

May 16, 2011  10:30 AM ET

I thought this brand of stupid business decision was reserved for the government. At least in this case by not frequenting the Mets ballpark, I have the option of not paying for this ignorance.

May 16, 2011  10:47 AM ET

That's **** awesome.

May 16, 2011  11:26 AM ET

Saberhagen is getting a few hundred grand a year too.

I hate to say this, but it can['t all be blamed on Wilpon. I think that deal was made before they took control.

May 16, 2011  11:36 AM ET

Ask Mario Lemieux how long-term deferred payments worked for him. At least he ended up with something out of it (re: the team!)

May 16, 2011  12:38 PM ET

They are still paying Saberhagen, i read, considerably less, but over a longer period of time i believe.

May 16, 2011  01:00 PM ET

Hahahahahahahaha. The Mets.

May 16, 2011  01:02 PM ET

YOU RUIN MY DAY BRINGING UP BOBBY BONILLA?!?!? MILK ME!!!

May 16, 2011  01:23 PM ET

Maybe the Wilpon's can make a deal. "Here, Bobby, instead of the checks, take the whole team." On second thought, bad dea. The Met's aren't worth $30M.

May 16, 2011  02:39 PM ET

that's what you can call making deals without thinking!!

May 16, 2011  03:36 PM ET

I know everyone likes to kick sand at the Mets and Bonilla..but all the teams in all the sports do this...it helps the team spread the money over time so they can have more flexiablity with the present roster. You can argue if Bonilla is worth the money or a lot of the moves the Mets made..but this is not something that is unique to the Mets or Bonilla.

 
May 16, 2011  03:45 PM ET

Makes me wonder if the Mets will trade Reyes so that they can pay Bonilla.

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