Someone Listed All Of The Future MLB Deferred Payments In Honor Bobby Bonilla Day

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$9,545,986: What the Mets have paid so far for Bobby Bonilla’s 2000 season, including the $1,193,248.20 annual payment they give Bonilla today.

The last game Bonilla played for the Mets was October 19, 1999. pic.twitter.com/CNKCOhVWd2

— Darren Rovell (@darrenrovell) July 1, 2018

Bobby Bonilla Day aka Darren Rovell Day is a holiday we all love to celebrate every July 1st as a way to bring the internet together for one common goal: to make fun of the Mets for being the hilarious, dysfunctional franchise they are. For those of you who somehow don’t know this story, Bobby Bonilla gets a check every July 1st for $1.19 million until 2035. Pretty decent for a guy who retired in 2001.

Details of the deal via ESPN – The Mets owed Bonilla $5.9 million for the 2000 season and no longer wanted him. So the club negotiated with Gilbert to attach an 8 percent annual interest rate to that money. With the clock starting in 2000, that adds up to $29.8 million. The first installment of the payout came on July 1, 2011, and the Mets will pay their sixth installment on Friday.

But as much as we love trashing the Mets, this isn’t necessarily a new thing. Bobby Bonilla isn’t the only player cashing checks while sitting on his couch 4th of July weekend long after he stepped on the baseball field. This is actually common across MLB contracts.

Michael Mayer, an editor at metsmerizedonline.com, researched an listed out a bunch of future deferred payments set to be doled out in the coming years.

Get ready, this is a long thread

Happy MLB Deferment Day!

This thread is dedicated to all (shocker Bobby Bonilla isn't the only one!) of the current and future deferment payments given to MLB players.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Cincinnati Reds are paying Bronson Arroyo $1,363,636 this season and that deferred payment continues through 2021.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Washington Nationals have to cut a check to Rafael Soriano for $2,000,000 as a deferred payment in 2018 through 2024.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Washington Nationals owe Joe Blanton a deferred payment of $1 million in 2018 and $2 million paid in 2019.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Milwaukee Brewers have to pay Lorenzo Cain $1 million annually as a deferred payment from 2023 to 2027.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Washington Nationals have to give Matt Wieters a one-time deferred payment of $5 million in 2021.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Washington Nationals have to give Daniel Murphy a deferred payment of $2.5 million in 2019 and $3 million in 2020.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Washington Nationals have deferred payments with Stephen Strasburg of $10 million installments each July 1 starting in 2024 through 2030.

(These payments can change according to opt-outs).

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Washington Nationals agreed to give Max Scherzer deferred payments of $15 million each July 1 from 2022 to 2028.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Milwaukee Brewers have to pay Ryan Braun $1,800,000 each year starting in 2022 through 2031.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Washington Nationals will pay Jayson Werth a one-time deferred payment of approximately $11 million in 2018.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Washington Nationals have an unusual contract with Ryan Zimmerman that pays him $10 million total in a span of 5 years for personal services beginning once playing career ends.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The St. Louis Cardinals will pay Jim Edmonds a deferred payment of $300K in 2018 and 2019. The annual payment started in 2010.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The New York Mets have paid Bret Saberhagen a deferred payment of $250,000 annually from 2004 and that continues through 2028.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The New York Mets will give Carlos Beltran his final deferred payment of $3,142,857 in 2018.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Cincinnati Reds began giving Ken Griffey Jr. a deferred payment of $3,593,750 in 2009 and continue to do that annually through the year 2024.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Milwaukee Brewers pay the final of three deferred payments of $2,333,333 to Kyle Lohse in 2018.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Colorado Rockies pay $13.1 million of the money they owed Todd Helton over a span of 10 years starting in 2014 with 3 percent interest.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The St. Louis Cardinals will pay Matt Holliday $1.4 million on July 15th every year from 2020 to 2029.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Baltimore Orioles will give Chris Davis 15 deferred payments, $3.5 million annually in 2023 through 2032 and $1.4 million annually in 2033 through 2037.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Los Angeles Angels agreed to pay Albert Pujols $10 million over 10 years in a personal-services contract that begins upon retirement or once his contract expires.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Detroit Tigers agreed to pay Gary Sheffield $12.5 million in deferred money with 3 percent interest back in 2009, the final payment comes in 2019.

Sheffield also received an undisclosed amount from the Yankees in deferred payments.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The New York Mets give Johan Santana a deferred payment of $5.5 this year and that continues through 2020.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Boston Red Sox will give Manny Ramirez a deferment payment of $2,003,389 this year and will continue with that annual payment through 2026 at 2.5 percent interest.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The New York Mets will cut a check for $1,193,248.20 to Bobby Bonilla today and will continue that annually through 2035.

— Michael Mayer (@mikemayerMMO) July 1, 2018

Bobby Bonilla also gets a second deferred payment of $500k every year that is split evenly between the Baltimore Orioles and New York Mets.

— Michael Mayer (@mikemayerMMO) July 1, 2018

Before the Bobby Bonillia deferred deal, the Mets deferred 40 percent of Darryl Strawberry's 1990 salary of $1.8 million at a 5.1 percent interest rate to be paid from 2004-2033.

That payment was later sold by the IRS to the highest bidder in 2015.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Atlanta Braves are still paying Bruce Sutter $1.12 million a year in a deferred payment through 2021 and he will also receive a final balloon payment of $9.1 million.

— Michael Mayer (@mikemayerMMO) July 1, 2018

The Seattle Mariners have a deferred payment set up with Ichiro.

$25 million at 5.5 percent interest in annual installments each Jan. 30
starting with the year after his retirement from the major leagues up until at least 2032.

— Michael Mayer (@mikemayerMMO) July 1, 2018

Bobby Bonilla Day is much more fun.

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