Happy Bobby Bonilla Day

Remember to hug a #mets fan, they need it.

In 2000, the Mets agreed to buy out the remaining $5.9 million on Bonilla's contract.

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

At the time, Mets ownership was invested in a Bernie Madoff account that promised double-digit returns, and the Mets were poised to make a significant profit if the Madoff account delivered,

but that did not work out……

To make matters worse, Bobby Bonilla’s tenure as a Met was mediocre at best.

More by Nick Barbaria

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