Fri. Aug 14th, 2020

Blackaphillyated

Where Entertainment meets Reality

Meet the man who gets paid 1.2 million dollars every July 1

NEW YORK, NY - MAY 15: Bobby Bonilla #25 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, New York. (Photo by Mitchell Layton/Getty Images)

By Jalon Hill

Instagram: @jalonjhill

If you were offered to get paid $1 million once every year for the next 25 years, would you take it?

Many of us would gladly accept this offer and for former Major League Baseball player Bobby Bonilla, this dream is his actual reality. 

Every July 1 since 2011, Bonilla receives nearly $1.2 million check from the New York Mets, a team he hasn’t played for since 1999.

Before the 2000 season, the Mets decided to release Bonilla from the remaining years of his contract but still owed him $5.9 million.

Bobby and his agent would come to an agreement with the Mets to withhold payments for a decade and receive a $1.19 million payment annually from the team starting in 2011. 

 There are a total of 25 payments that must be made and will accumulate to a total payout of $29.8 million.

Because of this annual payday, many fans have dubbed July 1 as “Bobby Bonilla Day”.

Bonilla will continue enjoying these highly generous checks until 2035 when he will be 72 years old. Talking about retirement!