If only there was some way the Madoff-victimized Amazins could pay Bobby Bonilla in Mets Money. Instead, as CNN’s Ethan Trex points out, the player who once famously dared the New York media to wipe the smile off his face, will once again be one of the most well compensated persons on the New York Mets payroll, save for those in uniform.
In 1999, Bonilla returned to the Mets for a second stint at Shea following his borderline disastrous free-agent signing in 1992. Bonilla wasn’t any better the second time around, so the Mets waived him in 2000. The problem was that the team still owed Bonilla $5.9 million in guaranteed salary.
Bonilla’s agents worked out a deal with the Mets where he would defer the salary if the team would pay him $1,193,248.20 every July 1 from 2011 to 2035. Not a bad deal for someone who was so bad the team basically paid him to go away.