Bobby Bonilla Day: New York Mets pay him $1.19M every July 1

The calendar turned to July 1, and that means one thing: it is time for fans of dishes everywhere to wish themselves a good day Bobby Bonilla! For what? Tuesday, Bobby Bonilla, 62, will allow a check for $ 1,193,248.20 from New York dishes, as he did and on July 1 of July 1, 2011 at 2035.

Due to the salary structure of baseball, the annual pay day of Bonilla is often more than some of the current young stars of the game in a given year.

But the dishes are not alone in the practice of distributing deferred payments to star players long after their last time for the team, with the MVPs and the former winners of Cy Young among the notable names which always collect annual payrolls of their previous employers.

During the offseason, delayed money has become an even more important subject of discussion through sport with the Los Angeles Dodgers frequently opting for the structure, underlined by an agreement with Shohei Ohtani which will delay payments for $ 680 million of its 700 million megaddle dollars. He will start to receive $ 68 million a year in 2034.

Here is everything you need to know about the day of Bonilla pay, delayed money in MLB and the current players who do less for the 2025 season than Bobby Bo will not receive dishes on Saturday.

So why does Bonilla get this pay day?

In 2000, the dishes agreed to buy the remaining $ 5.9 million on the Bonilla contract.

However, instead of paying Bonilla the $ 5.9 million at the time, the dishes agreed to make annual payments of almost $ 1.2 million for 25 years from July 1, 2011, including a negotiated interest of 8%.

At the time, the property of the MET was invested in a Bernie Madoff account which promised two -digit yields, and the dishes were ready to achieve a significant benefit if the Madoff account delivered – but that did not work.

Under the new owner Steve Cohen, who mentioned the possibility To celebrate Bonilla at Citi Field every year after returning the team, the dishes adopted Bonilla day.

How rare is this arrangement?

Bonilla played for the food for the last time in 1999 and played for the last time in the majors for the cardinals in 2001, but he will be paid until 2035 (when he is 72 years old).

Here are some other notable contracts with deferred currency, graciousness of ESPN Research:

• Bobby Bonilla (again): a second contract of withdrawal contract with the dishes and Orioles pays him $ 500,000 per year for 25 years. These payments began in 2004.

• Bret Saberhagen: will receive $ 250,000 per year from the food for 25 years (payments also started in 2004; it was the inspiration for the Bonilla agreement).

• Max Scherzer: will receive $ 105 million in total of nationals which will be paid until 2028.

• Manny Ramírez: will collect $ 24.2 million in total of the Red Sox until 2026.

• Chris Davis: The arrangement of Davis with the Orioles could make him the new Bonilla, because he receives $ 59 million in deferred payments during a 15 -year section which started again last year and continues until 2037. Davis received $ 9.16 million in 2024 and again in 2025, then he will allow $ 3.5 million 2032 and 1.4 million dollars from 2033 to 2037.

How does Bonilla’s agreement compare to the Ohtani contract?

The biggest difference in the two heavy transactions of postponement is that that of Bonilla came following a takeover by the dishes for an underperforming veteran, while Ohtani’s salary arrangement was proposed by a superstar at the top of his free agency.

In his unprecedented contract, Ohtani is only paid $ 2 million per year for the duration of 10 years of his agreement with the Dodgers. From 2034 to 2043, Ohtani will receive $ 68 million a year. The parameters of the arrangement allow Dodgers a more short -term flexibility while reducing the tax burden of the competitive equilibrium of the team with only the current value ($ 46 million per year) of the contract with the CBT pay.

How Bonilla’s payment compares to the salaries of the MLB 2025

Because the salary structure of baseball means that young players start their career by earning just over 1.19 million dollars annually in Bonilla, the following players will do less than Bonilla this season (listed in the order of 2025 Fangraphs War entering Monday matches):

Pete Crow -Armstrong – $ 771,000 (3.9 war)

James Wood – $ 764,600 (3.5 war)

Paul Skenes – $ 875,000 (3.4 war)

Riley Greene – $ 812,400 (3.0 war)

Hunter Brown – $ 807,400 (3.0 war)

Andy Pages – $ 770,000 (2.9 war)

Jacob Wilson – $ 760,000 (2.8 war)

ESPN research figures have been used throughout this story.