Monday, April 26, 2010

Good money after bad

SPORTING GOODS

Mets fans are probably aware of this, but
Next year former outfielder Bobby Bonilla goes back on the payroll at the ripe old age of 48.

In 1999, Bonilla returned to the Mets for a second stint at Shea following his borderline disastrous free-agent signing in 1992. Bonilla wasn't any better the second time around, so the Mets waived him in 2000. The problem was that the team still owed Bonilla $5.9 million in guaranteed salary.

Bonilla's agents worked out a deal with the Mets where he would defer the salary if the team would pay him $1,193,248.20 every July 1 from 2011 to 2035. Not a bad deal for someone who was so bad the team basically paid him to go away.
For those counting, that's a cool $29,831,205 total.

Other interesting player perks can be found here.

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