Former Met Bobby Bonilla opens up about his insane contract

[King Poetic]

It was actually bonilla wife who told him to defer the payments.. But regardless great move

 

[Bboystyle]

I remember always getting his card in upper deck packs. Used to sell him to some kids for $1 not knowing he was in damn near every pack.



I miss the card trading days

 

[#1 pick]

Steve Young gets this shyt as well but people only want to talk about Bonilla

 

[GunRanger]

This was more of a bad deal for the mets than it was a great deal for Bonilla.

They did it to save.money at the time. The n the owner gets fukked by Madoff

 

[Sonic Boom of the South]

• Manny Ramirez has a 16-year, $32 million deferred money deal from the Red Sox which, like Bonilla’s, kicked in on July 1, 2011. It costs them $1.968 million a year and goes through 2026 when Ramirez is 54;
• The Cardinals are paying Matt Holliday to play now, but they’ll still be paying him through 2029 under the $120 million, seven-year contract he signed in 2010;
• Retired Rockies first baseman Todd Helton deferred $13 million of his 2011 salary (total was $19.1 million) and will be paid through 2024;
• The Nationals will pay Ryan Zimmerman $10 million over five years after he’s retired, with a nominal organization job;
• Ryan Braun will receive $18 million in payments in equal installments each July 1 from 2022 to 2031;
• The Tigers are still paying Gary Sheffield between $1 million and $2.5 million annually through 2019;
• The Mariners are paying Ichiro Suzuki a chunk of his last big deal through the year 2032;
• The Reds signed Ken Griffey Jr. to a $116.5 million contract in February 2000, but more than half of that is still being paid by the team and will continue to be so until Griffey is in his 50s.

 

[MoneyTron]

• Ryan Braun will receive $18 million in payments in equal installments each July 1 from 2022 to 2031;

Holy shyt. He'll probably be retired by 2022.

 

[Rev]

• Manny Ramirez has a 16-year, $32 million deferred money deal from the Red Sox which, like Bonilla’s, kicked in on July 1, 2011. It costs them $1.968 million a year and goes through 2026 when Ramirez is 54;
• The Cardinals are paying Matt Holliday to play now, but they’ll still be paying him through 2029 under the $120 million, seven-year contract he signed in 2010;
• Retired Rockies first baseman Todd Helton deferred $13 million of his 2011 salary (total was $19.1 million) and will be paid through 2024;
• The Nationals will pay Ryan Zimmerman $10 million over five years after he’s retired, with a nominal organization job;
• Ryan Braun will receive $18 million in payments in equal installments each July 1 from 2022 to 2031;
• The Tigers are still paying Gary Sheffield between $1 million and $2.5 million annually through 2019;
• The Mariners are paying Ichiro Suzuki a chunk of his last big deal through the year 2032;
• The Reds signed Ken Griffey Jr. to a $116.5 million contract in February 2000, but more than half of that is still being paid by the team and will continue to be so until Griffey is in his 50s.

Came to talk through some of these in response to @Jplaya2023's post. I believe Albert Pujols has something like this too. No reason why owners wouldn't want to continue doing this in baseball because of the fact that there's no cap.

 

[Uitomy]

• Manny Ramirez has a 16-year, $32 million deferred money deal from the Red Sox which, like Bonilla’s, kicked in on July 1, 2011. It costs them $1.968 million a year and goes through 2026 when Ramirez is 54;
• The Cardinals are paying Matt Holliday to play now, but they’ll still be paying him through 2029 under the $120 million, seven-year contract he signed in 2010;
• Retired Rockies first baseman Todd Helton deferred $13 million of his 2011 salary (total was $19.1 million) and will be paid through 2024;
• The Nationals will pay Ryan Zimmerman $10 million over five years after he’s retired, with a nominal organization job;
• Ryan Braun will receive $18 million in payments in equal installments each July 1 from 2022 to 2031;
• The Tigers are still paying Gary Sheffield between $1 million and $2.5 million annually through 2019;
• The Mariners are paying Ichiro Suzuki a chunk of his last big deal through the year 2032;
• The Reds signed Ken Griffey Jr. to a $116.5 million contract in February 2000, but more than half of that is still being paid by the team and will continue to be so until Griffey is in his 50s.

I swear to god my brother better make the mlb

 

[L. Deezy]

the sheer brilliance of a contract like this..

 

[hayesc0]

Dude won

He has the goat agent lol.

 

[blues_funk_reggae]

Sitting at home playing PS4 all day getting a $1.2 milly check in the mail

 

[mson]

Like the homeboys say back home..we just chilling.

 

[superunknown23]

Mo Vaughn got the same kind of deal... from the Mets again

 

[Starman]

Could more athletes do this and shouldn't they.... it seems like a good way to lessen the riches to rags stories we hear about so often with pro athletes

Shouldn't be necessary, but yeah...

 

[who_better_than_me]

probably can't do deffered contracts anymore i know u couldn't in the nba and nfl because of salary cap rules. I don't think baseball owners are stupid enough to do this anymore

Most of the contract the Nats have offered last two summer have been deferred money...