Sunday is July 1, which means it is Bobby Bonilla’s day to get paid by the New York Mets.
The Mets, as part of a buyout agreement with Bonilla, will cut the former All-Star a check for $ 1,193,248.20 on July 1 every year from 2011-35. This is Bonilla’s eighth annual payment.
Why are the Mets still paying Bonilla, who hasn’t played since 2001? It’s a little complicated.
The team released Bonilla in January 2000 even though they still owed him $ 5.9 million in salary. Rather than accept the $ 5.9 million up front, Bonilla agreed to defer the money in exch…