Most baseball fans know that July 1 is colloquially known as Bobby Bonilla Day. In 2000, the New York Mets decided to defer the remaining $5.9 million left on Bonilla’s contract after they released him for batting .160.
Bonilla’s agent used that dismal batting average to his client’s advantage, knowing the team just wanted him gone. He got the team to defer the remaining money for 10 years, but then got 8% interest and those payment spread out over the next 25 years.
As such, the Mets now pay Bonilla
$1,193,248.20 every July 1.
Before he was on the Mets, however, Bonilla was on the Dodgers, a part of one of the most shocking trades in Dodgers history. Bonilla and Gary Sheffield and three other players were traded to the Dodgers from the Florida Marlins for Mike Piazza and Todd Zeile.
The Dodgers traded Bonilla to the Mets, and that deferred payment idea ended up coming around to benefit the Dodgers 24 years later. In addition to Shohei Ohtani, the Dodgers have eight players with deferred payments.
The Mets used that deferred $5.9 million to get Mike Hampton, a starting pitcher who helped them win the 2000 World Series. All of the players on the Dodgers payroll have helped them win World Series, aside from Edwin Diaz who remains to be seen. A running joke that has turned into a viable way to field a championship winning team.
Steve Henson of the L.A. Times has more details and quotes here.
In case you missed it, a fan at the Dodgers game against the A’s on Tuesday night got super excited about Team Mexico scoring a goal in their World Cup game against Ecuador. Justin Wrobleski’s pitch went into the dirt right after the fan yelled, but he then struck out the batter on the next pitch. Mexico went on to win and will play their next game on Sunday.
Chuck Schilkin has all the fun details here.
