Happy Bobby Bonilla day

[Musclepug]

David Waters - Gators Breakdown (@GatorDave_SEC) tweeted at 7:24 AM on Mon, Jul 01, 2019:
Buyout is worth every penny
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[Musclepug]

If you weren't aware....

ESPN 98.1/ 850 WRUF (@ESPNGainesville) tweeted at 9:54 AM on Mon, Jul 01, 2019:
Happy Bobby Bonilla Day @SteveRussell850 ESPN 98.1/ 850 WRUF on Twitter
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[GatorBart]

If you weren't aware....

ESPN 98.1/ 850 WRUF (@ESPNGainesville) tweeted at 9:54 AM on Mon, Jul 01, 2019:
Happy Bobby Bonilla Day @SteveRussell850 ESPN 98.1/ 850 WRUF on Twitter
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I’m actually in Pittsburgh right now!
Going to Primanti Bros for lunch, then to the airport and back to Seattle.

 

[Durty South Swamp]

i have a bonilla rookie card. its right next to my 3 bonds rookies. all started in pitt.

 

[Musclepug]

I've got a signed baseball, what's that worth?

Ps started this thread bc thought there was irony to bonilla deal and butters payoff deal

 

[Musclepug]

 

[gardnerwebbgator]

I've got an autographed Smoltz rookie card, in a small frame. Not selling.

 

[78]

1,193,248 a year over 24 years compared to 5.9M in a lump sump 11 years earlier sounds like an absurd proposition. It's actually even better than that for BB.

By my rough calculations, 2% inflation taken into consideration, BB earns about 39M more over the duration and pays less in taxes because he spreads the income over 24 years, not to mention the federal tax brackets were more onerous in 1999. And not to mention it's as if his income is tied to a spendthrift clause. He can't go out and blow it all at once. He gets it in a 1.19M annual income stream.

I think I could live off that

Amazin' financial planning Mets.

 

[Musclepug]

It is an amazing contract, but dont forget wilpon lost millions to madoff and at the time it was the Mets best option

 

[Captain Sasquatch]

Best contract ever signed by a baseball player, worst contract ever signed by a baseball franchise.

 

[78]

It is an amazing contract, but dont forget wilpon lost millions to madoff and at the time it was the Mets best option

The Madoff scandal didn't come to light until 2008. The BB deal was inked more than eight years earlier. The Mets were in the red to the tune of 5.2m per in 1999 due to the league's revenue sharing plan.

This was simply a bad financial decision.

 

[Homer J]

That's a great contract but Steve Young's LA Express contract was better.

FLASHBACK: Steve Young's 43-year, $40 million USFL contract

 

[oxrageous]

That's a great contract but Steve Young's LA Express contract was better.

FLASHBACK: Steve Young's 43-year, $40 million USFL contract

Yeah, the problem is they gave him a small lump sum to terminate it around 30 years ago. He’s spoken about it.