Happy Bobby Bonilla Day Everyone!
- Thread starter dawgman42
- Start date
Griffey Jr is like one of the three highest paid players for Cinci still I believe.
Was Bobby good at steel working or stealing bases?
There’s only 1 other GM/POBO in MLB idiotic enough to sign a player to such a ludicrous contract and that would be that bow tie wearing douche bag named John Mozeliak. He is a proven, incompetent dumbass. I wish he was my boss. I coulda retired 15 years ago.
Sounds like they bought an annuity, that would cover this, and free up funds to move onto other players. (Way Back then).
So, it is a nonevent to them.
I think the annuity was with Bernie Madoff tho.
I don't know about that. It's been rare for the Mets to get "a" win through the years, much less a win win.
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Correct
How Bernie Madoff's Ponzi Scheme Created Bobby Bonilla's Infamous Contract
In the year 2000, the ownership group of the New York Mets made a decision that haunts the team today: buying-out Bobby Bonilla's contract.
fanbuzz.com
I 17 up all the time. Have to review before posting or edit all the time.
No. It was a win-win cash-wise. What the did with the cash is another thing entirely….
I’m actually pretty neurotic about it myself. Not with others, but in my writing. It’s all good.
Almost every team in baseball has players with similar contract deferments. Some are much worse than Bonilla's. But we talk about his because it was the first one.
Here's what they did with the cash:
- they freed up payroll to trade for Mike Hampton.
- they went to the world series in 2000, with Mike Hampton winning the NLCS MVP.
- when Mike Hampton left for Colorado in free agency, they got a compensatory draft pick.
- with that draft pick, they selected David Wright.
It worked out well for the Mets.
I'm not sure how MLB contracts work, but in NFL they have to escrow the entirety of contracts. So like when a QB gets a $200 million contract, it has to be in an escrow account.
Which is why, if he continues on his trajectory, Joe Burrows is almost certainly leaving Cincinnatti - they simply ain't gonna have the scratch to front the entire thing.
Which is why, if he continues on his trajectory, Joe Burrows is almost certainly leaving Cincinnatti - they simply ain't gonna have the scratch to front the entire thing.
