Another long-term contract after a half a year.

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Hy Feiber
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Another long-term contract after a half a year.

Post by Hy Feiber » Thu Jul 16, 2026 6:30 pm

https://www.mlbtraderumors.com/2026/07/ ... llion.html

This too will blow up in their face

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rockycola
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Re: Another long-term contract after a half a year.

Post by rockycola » Thu Jul 16, 2026 7:19 pm

Hy Feiber wrote:
Thu Jul 16, 2026 6:30 pm
https://www.mlbtraderumors.com/2026/07/ ... llion.html

This too will blow up in their face
He's young. 23 years old. 11-1 this year. Born in Italy.

What could go wrong?

It's only a 7-year contract.

:roll:
Rocky Colavito is a Hall of Famer in my book!

DavidGee24
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Re: Another long-term contract after a half a year.

Post by DavidGee24 » Thu Jul 16, 2026 8:11 pm

rockycola wrote:
Thu Jul 16, 2026 7:19 pm
Hy Feiber wrote:
Thu Jul 16, 2026 6:30 pm
https://www.mlbtraderumors.com/2026/07/ ... llion.html

This too will blow up in their face
He's young. 23 years old. 11-1 this year. Born in Italy.

What could go wrong?

It's only a 7-year contract.

:roll:
One thing you can say for him is that he's been successful at the MLB level, and very successful thus far. Still, that's a big risk for a pitcher.

Hy Feiber
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Re: Another long-term contract after a half a year.

Post by Hy Feiber » Thu Jul 16, 2026 8:22 pm

DavidGee24 wrote:
Thu Jul 16, 2026 8:11 pm
rockycola wrote:
Thu Jul 16, 2026 7:19 pm
Hy Feiber wrote:
Thu Jul 16, 2026 6:30 pm
https://www.mlbtraderumors.com/2026/07/ ... llion.html

This too will blow up in their face
He's young. 23 years old. 11-1 this year. Born in Italy.

What could go wrong?

It's only a 7-year contract.

:roll:
One thing you can say for him is that he's been successful at the MLB level, and very successful thus far. Still, that's a big risk for a pitcher.
All that money for four months of success is lunacy, what’s the rush?

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Sibelius Hindemith
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Re: Another long-term contract after a half a year.

Post by Sibelius Hindemith » Thu Jul 16, 2026 9:20 pm

Seems like a much safer bet than what the Ms did with White and Emerson, and comparable to what they did with Julio.

Captain 97
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Joined: Mon May 06, 2019 9:23 pm

Re: Another long-term contract after a half a year.

Post by Captain 97 » Thu Jul 16, 2026 9:22 pm

I don't understand this at all. Even if he is a perennial all-star and makes big arbitration numbers you are still only going to pay him about 30-35 Million or so by the time his rookie contract is up. So best case scenario they essentially paying him an extra 70-75 Million for two years of control. Worst case scenario he flames out and they owe 105 Million to a guy they could have DFA'd for nothing.

Captain 97
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Re: Another long-term contract after a half a year.

Post by Captain 97 » Thu Jul 16, 2026 9:23 pm

Sibelius Hindemith wrote:
Thu Jul 16, 2026 9:20 pm
Seems like a much safer bet than what the Ms did with White and Emerson, and comparable to what they did with Julio.
Except for there is much more injury risk with a pitcher than with a position player.

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rockycola
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Re: Another long-term contract after a half a year.

Post by rockycola » Thu Jul 16, 2026 9:50 pm

Bobby Bonilla is 63 years old.
He last played in 2001.
His last 3 years combined he hit 14 home runs.
Bobby Bonilla receives $1.19 million every July 1 from the New York Mets due to a deferred contract agreement that spreads a $5.9 million buyout over 25 years with 8% interest.

How the Contract Works
In 2000, the New York Mets wanted to release Bobby Bonilla but still owed him $5.9 million from his contract. Instead of paying the full amount immediately, Bonilla and the Mets agreed to defer the payment until 2011. Under this arrangement, Bonilla receives annual payments of approximately $1.19 million every July 1 from 2011 through 2035, totaling nearly $29.8 million in nominal terms due to the 8% interest applied to the deferred amount.
This structure is a form of deferred compensation, which allows a team to delay paying a player while providing a guaranteed return on the deferred sum. The Mets’ ownership at the time, led by Fred Wilpon, believed their investments with Bernie Madoff would generate returns exceeding the 8% owed to Bonilla, making the deferral financially attractive at the time

Cultural and Financial Significance
The annual payment has become a well-known event in baseball, celebrated as “Bobby Bonilla Day” every July 1. Despite Bonilla last playing for the Mets in 1999 and retiring from MLB in 2001, the deferred contract ensures he continues to earn a substantial income decades after his playing career ended.

Bonilla also has a second deferred contract with the Baltimore Orioles, paying him $500,000 annually from 2004 through 2028

. These arrangements highlight how deferred payments are used in MLB for payroll flexibility, cash flow management, and long-term financial planning.
Rocky Colavito is a Hall of Famer in my book!

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D-train
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Re: Another long-term contract after a half a year.

Post by D-train » Thu Jul 16, 2026 9:54 pm

Hy Feiber wrote:
Thu Jul 16, 2026 8:22 pm
DavidGee24 wrote:
Thu Jul 16, 2026 8:11 pm
rockycola wrote:
Thu Jul 16, 2026 7:19 pm

He's young. 23 years old. 11-1 this year. Born in Italy.

What could go wrong?

It's only a 7-year contract.

:roll:
One thing you can say for him is that he's been successful at the MLB level, and very successful thus far. Still, that's a big risk for a pitcher.
All that money for four months of success is lunacy, what’s the rush?
Seems like a bargain compared to Emerson. Their thinking is that he will get more expensive if they wait. That is the whole premise behind this deals.
dt

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D-train
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Location: Quincy, MA

Re: Another long-term contract after a half a year.

Post by D-train » Thu Jul 16, 2026 9:59 pm

rockycola wrote:
Thu Jul 16, 2026 9:50 pm
Bobby Bonilla is 63 years old.
He last played in 2001.
His last 3 years combined he hit 14 home runs.
Bobby Bonilla receives $1.19 million every July 1 from the New York Mets due to a deferred contract agreement that spreads a $5.9 million buyout over 25 years with 8% interest.

How the Contract Works
In 2000, the New York Mets wanted to release Bobby Bonilla but still owed him $5.9 million from his contract. Instead of paying the full amount immediately, Bonilla and the Mets agreed to defer the payment until 2011. Under this arrangement, Bonilla receives annual payments of approximately $1.19 million every July 1 from 2011 through 2035, totaling nearly $29.8 million in nominal terms due to the 8% interest applied to the deferred amount.
This structure is a form of deferred compensation, which allows a team to delay paying a player while providing a guaranteed return on the deferred sum. The Mets’ ownership at the time, led by Fred Wilpon, believed their investments with Bernie Madoff would generate returns exceeding the 8% owed to Bonilla, making the deferral financially attractive at the time

Cultural and Financial Significance
The annual payment has become a well-known event in baseball, celebrated as “Bobby Bonilla Day” every July 1. Despite Bonilla last playing for the Mets in 1999 and retiring from MLB in 2001, the deferred contract ensures he continues to earn a substantial income decades after his playing career ended.

Bonilla also has a second deferred contract with the Baltimore Orioles, paying him $500,000 annually from 2004 through 2028

. These arrangements highlight how deferred payments are used in MLB for payroll flexibility, cash flow management, and long-term financial planning.
This is why Finance 101 should be mandatory in High School. They teach complete worthless nonsense like Home Ec. Auto shop and PE but Millions of kids go out in the world with no concept of Finance leading to shitty credit scores and idiot financial decisions like student loans and thinking the Bonilla arrangement is a bad deal for the Mets.
dt

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