Sports This is why July 1st is Bobby Bonilla's happiest day of the year

Discussion in 'The Howard Stern Show' started by GaryPuppet, Jul 2, 2016.

  1. GaryPuppet

    GaryPuppet Well-Known Member

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    Congrats on screwing yourself for nearly a generation NY Mets front office!




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  2. Quality Control

    Quality Control dove

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  3. yosemite sam

    yosemite sam Camel Jockey

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    The Mets should move to Canada.
     
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  4. HelloCleveland!

    HelloCleveland! Well-Known Member

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  5. LaserT

    LaserT You have to have fun.

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    Every time I read that or it's brought up somewhere, I am freaking amazed. Good job Mets :snicker:
     
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  6. Roland Schwinn

    Roland Schwinn *Likes reported as of October 14, 2016

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    Wow! Is that just something he had written into his contract?! Great beal Bobby bo!
     
  7. bznick

    bznick Hustling, Flowing, and Hating! Gold

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  8. crazypreacher

    crazypreacher Maker of Lists Gold

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    Kevin Elster used to pump his teammates gf's during games.
     
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  9. Pigsaw

    Pigsaw Well-Known Member

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    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.
     
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  10. Wiggy

    Wiggy Well-Known Member

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    Who was his agent, Don Buckwald?!
     
  11. bootyclause

    bootyclause Well-Known Member

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    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.
     
  12. Rupert Pupkin

    Rupert Pupkin That Ass is Attached to Daniela Lopez

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    Great deal for both sides according to this article. And Bobby B had a similar deferred comp payment arrangement with the Orioles.

    http://ftw.usatoday.com/2015/07/new-york-mets-bobby-bonilla-contract-2035-deal

    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.
     
  13. Avery

    Avery Well-Known Member Banned User

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    Well they deferred these payments because in the 90s they were getting a bigger return on investments they were making.

    Investments with Bernie madoff. :owned::jj:
     
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  14. Pigsaw

    Pigsaw Well-Known Member

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    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.
     
  15. yaddc

    yaddc Well-Known Member

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    Happy 4th puppet and yours. Hey Bobby can I borrow 10 bucks.
     
  16. YinzerMasshole

    YinzerMasshole VIP Extreme Gold

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    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.
     
  17. oblio98

    oblio98 Well-Known Member

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    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.
     
  18. Wigward

    Wigward Well-Known Member

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    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?
     
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  19. FSFN

    FSFN Well-Known Member

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    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.
     
  20. Avery

    Avery Well-Known Member Banned User

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    [​IMG]


    Must be close to 300 million per team. At least the larger market ones.