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re: The New York Mets owe Bobby Bonilla $1.2 million tomorrow

Posted on 6/30/15 at 3:26 pm to
Posted by Tiger Live2
Westwego, LA
Member since Mar 2012
9590 posts
Posted on 6/30/15 at 3:26 pm to

I'll have look for it on Netflix or something.
Posted by cubsfan5150
Member since Nov 2007
15774 posts
Posted on 6/30/15 at 3:29 pm to
Why does this story come up way too often?
Posted by Goldrush25
San Diego, CA
Member since Oct 2012
33794 posts
Posted on 6/30/15 at 3:36 pm to
quote:

Like the homeboys say, he's just chillin.


Ha, good reference.

Make your move.
Posted by LSU0358
Member since Jan 2005
7918 posts
Posted on 6/30/15 at 3:42 pm to
The owner believing in Madoff's 10+% returns gave the Mets a good screwing for many years to come. Good job by Bonilla.
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
150754 posts
Posted on 6/30/15 at 3:52 pm to
quote:

Why does this story come up way too often?

You mean about once a year for the last four years or so?
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
87439 posts
Posted on 6/30/15 at 3:52 pm to
Silna brothers were bought out in 2014 by the NBA for $500mm
Posted by msudawg1200
Central Mississippi
Member since Jun 2014
9418 posts
Posted on 6/30/15 at 3:55 pm to
I like the Marvin Barnes time machine story. It seems like the Spirits were flying from Louisville to St. Louis. On the itenerery(sp) given to the players it said something like board plane in Louisville at 11:00 and arrive in St. Louis at 10:50. Of course, time zones were crossed but Marvin obviously didn't think about that when he said to Bob Costas,"Bro, I don't know about you, but I ain't gettin on no time machine".
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83374 posts
Posted on 6/30/15 at 3:59 pm to
quote:

Silna brothers were bought out in 2014 by the NBA for $500mm




Turning down $800k in order to make $800 million later. That a Back to the Future type deal
Posted by DJ3K
Member since Dec 2011
6757 posts
Posted on 6/30/15 at 4:14 pm to
This is my favorite contract in the history of baseball. One of the smartest athletes ever
Posted by cubsfan5150
Member since Nov 2007
15774 posts
Posted on 6/30/15 at 5:15 pm to
Yep, every single year.
Posted by StrongBackWeakMind
Member since May 2014
22650 posts
Posted on 6/30/15 at 6:00 pm to
(no message)
This post was edited on 6/30/15 at 6:10 pm
Posted by Thurber
NWLA
Member since Aug 2013
15402 posts
Posted on 6/30/15 at 9:08 pm to
Like clockwork
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83374 posts
Posted on 6/30/15 at 10:17 pm to
quote:


Yep, every single year.






You might want to go ahead and plan on skipping the MSB this time next year so your panties don't get in a wad again because I can assure you this same thread will be started again
Posted by sicboy
Because Awesome
Member since Nov 2010
77601 posts
Posted on 7/1/15 at 6:50 am to
quote:

You mean about once a year for the last four years or so?


Posted by Bench McElroy
Member since Nov 2009
33942 posts
Posted on 7/1/15 at 9:44 am to
quote:

Adam Schefter ?@AdamSchefter
Bobby Bonilla collects $1.193M from Mets today, as he will each July 1 through 2035; makes more this yr than R. Wilson has in each NFL year.
This post was edited on 7/1/15 at 9:51 am
Posted by Lester Earl
Member since Nov 2003
278418 posts
Posted on 7/1/15 at 9:54 am to
Bonilla makes more than Matt Harvey and Jacob Degromm combined
Posted by Jwho77
cyperspace
Member since Sep 2003
76672 posts
Posted on 7/1/15 at 9:57 am to
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83374 posts
Posted on 7/1/15 at 1:58 pm to
Bruce Sutter laughs at that Bonilla deal


quote:

Actually, further examination by The Times indicates that Sutter will receive a $750,000 salary for each of the next six years and a minimum of $1.12 million a year for the remaining 30 years of the contract. In addition, he will get the $9.1 million in so-called "principal" at the end



LINK
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119180 posts
Posted on 7/1/15 at 2:09 pm to
quote:

best contract ever
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 7/1/15 at 2:35 pm to
Check out some of these gems, most of which was gathered from an article by ESPN’s Doug Mittler back in 2012:

Manny Ramirez has a 16-year, $32 million deferred money deal from the Red Sox which, like Bonilla’s, kicked in on July 1, 2011. It costs them $1.968 million a year and goes through 2026 when Ramirez is 54;
The Cardinals are paying Matt Holliday to play now, but they’ll still be paying him through 2029 under the $120 million, seven-year contract he signed in 2010;
Retired Rockies first baseman Todd Helton deferred $13 million of his 2011 salary (total was $19.1 million) and will be paid through 2024;
The Nationals will pay Ryan Zimmerman $10 million over five years after he’s retired, with a nominal organization job;
Ryan Braun will receive $18 million in payments in equal installments each July 1 from 2022 to 2031;
The Tigers are still paying Gary Sheffield between $1 million and $2.5 million annually through 2019;
The Mariners are paying Ichiro Suzuki a chunk of his last big deal through the year 2032;
The Reds signed Ken Griffey Jr. to a $116.5 million contract in February 2000, but more than half of that is still being paid by the team and will continue to be so until Griffey is in his 50s.
My favorite one, however, has to be from my Atlanta Braves, who tried to make a big splash by signing Bruce Sutter before the 1985 season. He was a bust of course, but this is how he was paid. From a 1985 Los Angeles Times report:

Bruce Sutter was to receive payments totaling $44 million over the next 36 years from his new club, the Atlanta Braves . . . Sutter will receive a $750,000 salary for each of the next six years and a minimum of $1.12 million a year for the remaining 30 years of the contract. In addition, he will get the $9.1 million in so-called “principal” at the end.
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