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:

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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