Not a bad gig if you can get it.

Quote:

Another July 1st, another $1.19 Million dollar pay day for Bobby Bonilla. The Mets bought out Bonilla's $5.9 million dollar contract in 2000 and agreed to pay him the $1.19 million every year from 2011 to 2035. That's right Bobby Bo gets paid until he is 72 years old.

Bonilla's agents at Beverly Hills Sports Council brought the buyout deal to Met's ownership at the time, Nelson Doubleday Jr. and Fred Wilpon. The total buyout was based on 8% percent interest on the $5.9 million dollars left on Bonilla's contract at the end of 1999. Mets ownership were involved with Bernie Maddow and believed they could beat the 8% with their investments.