Finance

Why his deal with the Mets was so lucrative

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Bobby Bonilla of the New York Mets looks on before a baseball game against the Arizona Diamondbacks on May 15, 1999 at Shea Stadium in New York.

Mitchell Layton/Getty Images

Bobby Bonilla, who retired as a baseball player in 2001, hasn’t played for the New York Mets since 1999.

Yet Bonilla is among the highest-paid position players on the Mets’ payroll this year.  

The team paid the 57-year-old $1,193,248.20 on Wednesday — as it has each year over the past decade and will continue doing through 2035.

His payday, July 1, is known widely as “Bobby Bonilla Day.”

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Source cnbc.com

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