Bobby Bonilla Fans Are Celebrating The Life of Bernie Madoff

One of the biggest scam artists of all -time, Bernie Madoff, passed away earlier today in federal prison.

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BREAKING: Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in a federal prison, AP source says. https://t.co/pfJvAcltxZ

— The Associated Press (@AP) April 14, 2021

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While Madoff was responsible for screwing over a lot of people, he made ‘Bobby Bonilla Day’ possible. The Mets deferred a crazy amount of Bonilla’s contract in 2000 because they were sure they could make a lot more if they invested with Madoff.

The Wilpon family (who owned the Mets at the time) had many accounts with Madoff, who claimed he was returning 12 to 15 percent per year. So when they didn’t want Bobby Bonilla anymore, they thought restructuring his contract to where he’d be making 8% per year down the road was no big deal. After all, they’d have much more than that from the Madoff money. The only problem was that they never saw the money they had invested with Bernie Madoff, and Bobby Bonilla makes $1.19 Million on every July 1 until 2035.

So, Bobby Bonilla and his fans are thanking Bernie Madoff for his service.

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In 2000, Mets ownership deferred Bobby Bonilla’s contract at a whopping 8% interest because they thought they could make more by investing with Bernie Madoff.

RIP Bernie Madoff, the man who made Bobby Bonilla day possible.

— Aaron Nadell (@AaronNadell) April 14, 2021

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Bernie Madoff died today, which reminds everyone of how Bobby Bonilla is still being paid for 10+ more years. Some may say, he Madoff well

I'll see my way out

— UCF is Big12 Country! ✌🏼 (@NYCRobUCF) April 14, 2021

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Bobby Bonilla Bernie Madoff

🤝

costing the Wilpons
millions of dollars

— Conan O’Brien’s illegitimate son 🦚 (@pleasesueme) April 14, 2021

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Bernie Madoff being the reason for Bobby Bonilla Day is perhaps the best trivia fact of all time. https://t.co/Oo8uamP37I

— Dave Searle (@MillerTimePod) April 14, 2021

 

https://twitter.com/TomKenniston/status/1382360622650757127

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Bernie Madoff dying is resulting in Bobby Bonilla trending. I love Twitter 😂

— Harrison Smajovits (@HarrisonSmaj) April 14, 2021

Let’s all pour one out for Bernie Madoff when Bobby Bonilla Day rolls around this year.

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