Bobby Bonilla Day Explained: Why the Former MLB Player Gets Paid Every July 1st

Happy Bobby Bonilla day!

Bonilla and his agent negotiated a sweet deal with the New York Mets, where the money he was owed would be deferred for 10 years and he would receive a total of $29.8 million spread over 25 years.

As a result, every July 1st, Bobby Bonilla receives a check from the New York Mets for nearly $1.2 million. This is the 12th year he will receive that payment.

Twitter is celebrating Bobby Bonilla day:

It’s ANOTHER Bobby Bonilla Day!

Today the #Mets send a check of $1,193,248.20 to The former #Pirates OF #Mets have so far paid him $14 MILLION

13 years and another $15 Million. ⚾️⚾️⚾️⚾️⚾️⚾️ pic.twitter.com/4GJpRP3aqG

— Bob Pompeani (@KDPomp) July 1, 2022

Happy Bobby Bonilla Day!

59-year old Bobby Bonilla will collect a check for $1,193,248.20 from the New York Mets today, like he has and will every July 1 from 2011-2035. pic.twitter.com/espLFfSUkt

— ESPN Stats & Info (@ESPNStatsInfo) July 1, 2022

It’s Bobby Bonilla Day!

Again.

Bonilla is set to collect $1.193 million today from the NY Mets, as he will each July 1st through the year 2035.

— Dov Kleiman (@NFL_DovKleiman) July 1, 2022

Today is Bobby Bonilla Day 🗓

Every July 1st from 2011 to 2035, the New York Mets pay Bonilla — who retired 20 years ago — $1,193,248.20 as a part of his buyout deal.

Only 13 years and $15.5 million to go! pic.twitter.com/KX03HCIQ3D

— Front Office Sports (@FOS) July 1, 2022

Happy Bobby Bonilla Day! 💰 pic.twitter.com/B0ZQMRS55I

— FanDuel (@FanDuel) July 1, 2022

Beers on Bobby Bo today. It’s Bobby Bonilla day. pic.twitter.com/LANB0e7xJF

— MLB on uSTADIUM (@uSTADIUMMLB) July 1, 2022

Just 13 more Bobby Bonilla days to go. pic.twitter.com/9LmItbn4yR

— DraftKings (@DraftKings) July 1, 2022

Good morning. Bobby Bonilla woke up to $1.2 million in his bank account from the Mets today. Proceed with your lives.

— BetMGM 🦁 (@BetMGM) July 1, 2022

Bobby Bonilla Day was a term that Darren Rovell created on Twitter and if you celebrate that day, you are celebrating him

— Clem (@TheClemReport) July 1, 2022

Happy Bobby Bonilla Day!@DarrenRovell sat down with Bonilla as he discusses his famous contract with the Mets for the first time EVER 💰

— Action Network (@ActionNetworkHQ) July 1, 2022

Bonilla’s final payment from the Mets will come in 2035, and according to Darren Rovell, the team has no intentions on buying out the remainder of the deferred payments before then.

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