Discussion in 'The Howard Stern Show' started by GaryPuppet, Jul 2, 2016.
Congrats on screwing yourself for nearly a generation NY Mets front office!
The Mets should move to Canada.
The Mets are paying Bret Saberhagen $250k every year until 2028?
Every time I read that or it's brought up somewhere, I am freaking amazed. Good job Mets
Wow! Is that just something he had written into his contract?! Great beal Bobby bo!
Kevin Elster used to pump his teammates gf's during games.
The Wilpon's, Clueless Fred and Special Ed Jeff, were too cheap to pay upfront so they differed payments. No wonder they're broke. They must be the only Jews in the world that are bad with money.
Who was his agent, Don Buckwald?!
the only reason it matters a little is because the Wilpons are cheaper than Gilbert Gottfried.
1 mil of salary isn't very much these days in MLB, that's the silver lining baseball-wise. It has no impact on the team on the field in my opinion.
Great deal for both sides according to this article. And Bobby B had a similar deferred comp payment arrangement with the Orioles.
The Mets were all too happy to be rid of Bonilla at whatever conceivable cost. The fans were happy, and Bobby Bonilla was really happy. The Mets were only swindled in the sense that the reason that they were so comfortable about their long-term prospects is that they were investing in a Ponzi scheme. But at the time, the idea that this was a worthwhile move — to free up the short-term cash and flexibility that could help win a World Series — was prevalent.
In fact, by freeing up that nearly $6 million, the Mets were able to make moves like trading for Mike Hampton, then a prime No. 2 pitcher who, as any Cardinals fan might tell you, almost singlehandedly won the 2000 National League Championship Series. That likely never happens if Bonilla is still in Queens. At least the Mets got a pennant for their troubles, which is more than can be said for Baltimore, which is paying Bonilla $500,000 a year through 2015 in a similar buyout negotiated years before the Mets did theirs.
Well they deferred these payments because in the 90s they were getting a bigger return on investments they were making.
Investments with Bernie madoff.
It's still a nearsighted investment. Short term gain for a long term loss.
Kind of like buying a $10 million dollar house for $53 million.
Happy 4th puppet and yours. Hey Bobby can I borrow 10 bucks.
Good for him. Shithead owners have been screwing players out of money for years. It's nice to see a player get a deal like this.
I wonder if it's really that bad a deal. It seems to me that every year the $1Mil is worth less and less in terms of inflation and all of that crap. It sure sounds like a stupid deal on the surface but it's probably more like one of those "Buy furniture with no payments for 3 years" deals on a much bigger scale. It's all wheeling and dealing in numbers that sound huge to us normal folks but are nothing but pocket change to the billionaires of the world.
From Bonilla's perspective it's great that he was never in a position to squander all his earnings away once his career was over. This way he knows he has a cool $1 million rolling in from now until near death. Bet MC Hammer, Curt Schilling, Tyson and a number of other athletes/entertainers wish they had negotiated similar financial payment agreements. Anyone know if he has an untimely death that the payments will still be made to his estate?
Probably a drop in the bucket. I'd love to see any major league sports team open up their books, and see what they make per game... Ticket sales, parking, concessions, merchandise, TV & radio deals, ad revenue inside the stadium, etc.
Must be close to 300 million per team. At least the larger market ones.