I have a whole new respect for Bobby Bonilla. This is so smart. You always hear about athletes blowing through all of their money and having nothing when they retire. This is the way more athletes need to do it.
steve b Fred & Jeff Wilpon have owned the Mets since 1980 & outright 100% since the late 90s & have butchered that team for most of those years. Disgrace
Why? If he had invested it well, he would have been able to pay himself more money every year than the Mets are paying him. The Mets made out like bandits no this deal. (Quite literally) They made a killing in the Bernie Madoff Ponzi Scheme. (Because they were likely in on it.) And then they got a REALLY sweet settlement deal and didn't have to give back anywhere near how much they made.
@@KnickKnack07 Dude, stop parroting that b/s. Madoff took them for a ride too. And Bonilla has a no risk annuity for another 16 years. He does nothing. No risk. He could've just as easily been someone on broke. Great job by his agents and financial advisers.
Manu...sorry you are uninformed. But it is well known that the Wilpons made out very well in BOTH the Ponzi schemes that they were "victims" of, ...both run by close friends who let them in early. Again..I get that you will never have a job that doesn't involve hairnets, so you don't understand investing. But even a non-crooked investment would have been able to make 8% a year return in the 2000s. The Wilpons made close to 15%, and then when caught, had to give back a very small fraction of their ill gotten gain. Again, minimum wage welfare boy...had Bonilla taken that money up front and invested it in Apple or Amazon, for example, he could be paying himself TENS OF MILLIONS of dollars every year right now...and that would be for the rest of his life and would continue to pay his kids for their rest of THEIR lives. Because his shares would total almost HALF A BILLION DOLLARS. Let me guess...you are one of those complete fucking idiots who would take the annual payments if you won Mega Millions.
He’s also got a deferred deal from Baltimore that pays him $500,000 a year from 2004-2029. So from 2011-2029 he gets paid $1.7 million to not play baseball. That’s some god-tier negotiation skills
Well done video. As a Mets fan I often have to argue against the LOLMets memes out there, and the 2 best ones for Bonilla Day are the fact that the Braves are still paying Bruce Sutter 40 years later (look that one up, people!) and that David Wright got drafted as a result. You covered both the fact that other organizations have deferred money and the Bonilla > Hampton > Wright story, so kudos!
for any of y'all that don't know this bobby bonilla has a ring, 3 silver sluggers, and six all star appearances which surprised me. I think he deserves all the money he's getting right now because he had a very successful career
It’s 30 million when all is said and done. Not even close to being the worst contract in baseball. Some of the worst baseball players today make that in one year.
The other one that shocks me is that the Braves (I think) are still paying Bruce Sutter, who last pitched in 1988. Both will be around 33/34 years retired when their payments end (2021 for Sutter, 2035 for Bonilla)
Bobby Bonilla, the man, the myth, the legend. Mets didn't know what to do with him. He was a threat playing for the Pirates, that's where he and Bonds made a name for themselves. I'm glad he's getting paid justly.
For a player this is a win win. His career was over and he managed to get 30 million out of 5. He's getting checks till he's damn near 70. He's winning
The Wilpons thought they were pulling the wool over Bobby B.’s eyes, meanwhile they were getting fleeced by Bernie Madoff. Sweet justice! Happy Bobby Bonilla Day!
a similar contract was granted future 49ers quarterback Steve Young in the USFL, It was supposed to be for 10 years, but was stretched to 40 years and then the league folded but the team still owed him his big contract stretched over 40 years (with interest), I'm not sure if they paid it all, but it sure was a good deal for Steve Young who only played for that team for 2 years.
I find it funny how everybody complains about Bobby Bonilla's contract but nobody says boo about David Wright who signed for well over 100 mil and barely played a game. Strange isn't it?
So they signed Hampton who got them to the World Series and their draft pick who turned out to be David Wright, a franchise player. Idk, seems like a decent tradeoff.
Love this story. Locking in 8% is nothing to sneeze at. Yes it’s possible to get the money up front and generate that yourself but historically it’s not easy, especially in the years of historically low federal interest rates from 2008 until early 2022.
And don't forget people that Bobby Bonilla also has a Word Series Championship ring from the 1997 Florida Marlins and he is getting paid for the rest of his life from the Mets what a genius and don't forget in the future that Allen Iverson is going to get paid again by the 76ers in the near future.
LampwicksCigar You are right LampwicksCigar my bad everyone it is Reebok and here is the site for that information. www.google.com/amp/s/basketballforever.com/2016/09/15/allen-iverson-saved-reebok-going-broke/amp/
Yep, he was key part of that team. He hit the homer in Game 7 to get the Marlins back into the game. He seemed to produce for every team he played for, except the Mets.
I missed the 90s, when there were Black baseball players. That was the golden era. Nowadays, the majority of MLB players who are Black are Latinos who downplay or don't embrace their Blackness. And no, I'm not Black.
He's 6th all-time in team history in slugging, and 7th all-time in OPS. He had season highs of 32 home runs (one of only about a dozen Mets ever to have that many) and 87 RBIs. And he was hitting a blistering .325 when the Mets unwisely traded him to Baltimore mid-year in 1995, a season in which he finished with a career high average of .329 (higher than Boggs that year), and ranked in the top 10 overall in baseball. So, yeah, Bonilla is easily one of the best players in Met history. The Met fans' consistent abuse of him demonstrates their well-established ignorance ... as well as other, even more unsavoury, traits.
When I heard of this initially, I was so glad for Bobby but I wonder why his contract gets such attention when it's been done in the past and currently? My theory is that he's a black man that has figured out how to play the system, along with that NY angle sprinkled with some Madoff. Who would disagree with that?
And of course it is those New York Mets of the Wilpons……known for their total ineptness and incompetence that ran a professional sports franchise like Keystone Cops.
Seems like as all things are, it's completely the Mets fault (both the management, the media, and fans), if you look at the numbers that Bonilla put up it wasn't even bad, he just struggled on defense.
Met fans didn't treat Bobby Bo right.. The guy hit 2 homeruns in his debut against the Cardinals in 1992 than he went into a slump only a week later Met fans were booing him.. I'm glad he got the last laugh
I,and two other friends(guy&gal) met Bobby in a KFC pretty close to Times Square back in '91 or so. He was friendly and gracious to us even though he was eating with his kids. The people I was with knew more about him and conversed with him ,more than I. The Mets had won it all only a few years earlier,so I was far more concerned with seeing The Knicks beat MJ at the time and I wasn't too focused on baseball anymore. So while his stint as a Met wasn't a great one,I can tell you from first hand experience ,the guy is a gentleman.
Its crazy to think that a 5 yr $29 Million deal was a big deal back then, now a days if you're a decent player you could possibly pull that much down on a contract
Just some comparisons to people who can't comprehend the concept of interest or return on investments. If he had played (and gotten paid throughout) the 2000 season and happened to be a tech fan, liking Apple, he could have taken that $5.9 million and put it all on Apple stock. Had he done that, with all the various splits they have had since, he would have over 2 MILLION shares of Apple stock right now. With a total value of close to HALF A BILLION dollars. Now...let's get more extreme. Maybe he was really tech savvy, and like many people, realizes here was a dangerous dot com bubble in the stock market. So, he took that money and stashed it away, knowing that the bubble was about the burst any day now, and that when it did, THEN he could invest it. So now, he doesn't invest that $5.9 million in Apple until March 1, 2000. At a split adjusted price of just $1.27. So NOW, he has over 4.6 million shares of Apple. And he could BUY the Mets. And almost ANY other sports franchise in America. Because that $5.9 million would be worth $1.3 BILLION. (Slightly more than $1.2 million a year for the next 25 years.) And sure...that is an extreme case. But getting 8% annual return on your investments when you are super rich is NOT that difficult.
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
He has the greatest financial team of all time
First ballot HOF for sure
Exactly, he doesn’t even lift a finger, so he is better than anyone ever
I have a whole new respect for Bobby Bonilla. This is so smart. You always hear about athletes blowing through all of their money and having nothing when they retire. This is the way more athletes need to do it.
All I do is win win win 🤣. Nice way to start July every year
Aint gonna be anymore athletes if all of them pull this stunt
dude gets payed to not even lift a finger, therefore all i have to say is.... bobby bonilla > babe ruth
PRESIDENTIAL Nobody will even know who Bonilla is in a hundred years. Night and day. No offense.
Faccs bobby Bonilla 💯% better than babe Ruth he doesn’t even have to get out of his house
@@scorchedearth8661 that’s the problem. They SHOULD
getting paid without working, now thats a dream job
Julian Gonzalez u mad
What type of bum gets deferred money for 25 years without suiting up?
A RICH ONE! LOL
MrKing8050 Ask A-Rod...
That's the American Dream right there
Mets are dumb
That's why you don't take all the money upfront. That's a boss move right there
steve b Fred & Jeff Wilpon have owned the Mets since 1980 & outright 100% since the late 90s & have butchered that team for most of those years. Disgrace
Why? If he had invested it well, he would have been able to pay himself more money every year than the Mets are paying him.
The Mets made out like bandits no this deal. (Quite literally) They made a killing in the Bernie Madoff Ponzi Scheme. (Because they were likely in on it.) And then they got a REALLY sweet settlement deal and didn't have to give back anywhere near how much they made.
Rusty Kuntz wrong, the Wilpons are excellent owners
@@KnickKnack07 Dude, stop parroting that b/s. Madoff took them for a ride too. And Bonilla has a no risk annuity for another 16 years. He does nothing. No risk. He could've just as easily been someone on broke. Great job by his agents and financial advisers.
Manu...sorry you are uninformed. But it is well known that the Wilpons made out very well in BOTH the Ponzi schemes that they were "victims" of, ...both run by close friends who let them in early.
Again..I get that you will never have a job that doesn't involve hairnets, so you don't understand investing. But even a non-crooked investment would have been able to make 8% a year return in the 2000s. The Wilpons made close to 15%, and then when caught, had to give back a very small fraction of their ill gotten gain.
Again, minimum wage welfare boy...had Bonilla taken that money up front and invested it in Apple or Amazon, for example, he could be paying himself TENS OF MILLIONS of dollars every year right now...and that would be for the rest of his life and would continue to pay his kids for their rest of THEIR lives. Because his shares would total almost HALF A BILLION DOLLARS.
Let me guess...you are one of those complete fucking idiots who would take the annual payments if you won Mega Millions.
He’s going to still get paid after Harper’s contract is over.
And Machado too 🤣😂😭
Kevin M wheres the joke? You might as well list every mlb player rn then whose not under 20
You sure about that I'm fairly sure Harper would have deferred a chunk of that. That doesn't become public until after the player retires usually
And tatis
who is his agent? he should go 2 COOPERTOWN!
It’s in the video you schmuck
If he invested that 5 million well like the owners probably did he would have made more money over the 20 years than what they are paying him
@@ArrowheadPride4Everlmao jesus that was brutal
Dennis Gilbert are you just listening to the video or ???
Lol faxts
It's July 1, 2021: Happy Bobby Bonilla Day Everyone!
Consistency
July 1, 2022 now. Happy Bobby bonilla day
2022
Much credit to Bobby and his agent .... soooo smart in hindsight ....
His agent is a fuckin genius
Best contract ever
Highlight Reel A-Rod might disagree with you. Heh.
SupermanHopkins still nope
I would say the guys who got 1/7th of the NBA tv rights for the 4 ABA teams who joined the NBA is the best contract or deal I've ever seen.
s0ulEaTeR1012 ya because they won't stop making money until that franchise is done
Steve young contract was pretty good as well
“Pennant contending Baltimore Orioles”
*cries in Oriole*
WHAT YEAR WAS THAT 1971????? THE ORIOLES...............A LEGACY OF LOSING!
carlos font lol they made the playoffs like 5 years ago
carlos font not even accurate stfu
Y'all aren't saying he's wrong.
Paul D. But he is tho
My jaw dropped when they said Manny Ramirez is owed $37M in differ payments thru 2027
That goes to my point about how ridiculous it is for anyone to make it all about Bonilla. 😂
Smartest man in the history of sports! Ill take 1.2 every year any day😭😭😭
Unless your name is Warren Buffet or Bill Gates, then who wouldn't?
his agent
8 percent interest rate his financial account is a genius 😩
Actually he gets 1.7 mil every July 1, he also has a deferred deal with the Orioles , 500k a year
He can never go broke. Every year he makes someone's lifetime earnings in one day
He’s also got a deferred deal from Baltimore that pays him $500,000 a year from 2004-2029. So from 2011-2029 he gets paid $1.7 million to not play baseball. That’s some god-tier negotiation skills
Well done video. As a Mets fan I often have to argue against the LOLMets memes out there, and the 2 best ones for Bonilla Day are the fact that the Braves are still paying Bruce Sutter 40 years later (look that one up, people!) and that David Wright got drafted as a result. You covered both the fact that other organizations have deferred money and the Bonilla > Hampton > Wright story, so kudos!
Most famous Bobby Bonilla quote: "You can pay me now, or you can pay me later."
July 1st 2024: Happy Bobby Bonilla Day Everyone! 🎉
If the Mets win a World Series before 2035, does Bobby Bo get a World Series Ring?
2027
Lmao
I mean he on the books is only right
@@michaelsledge3904 it's 2035
He did a lot to help the team, he cashed his checks 😂
2020: Happy Bobby Bonilla Day Everyone!
You are consistent lol
@@Realscience1922 I try my best.
the man is living THE life lmao
for any of y'all that don't know this bobby bonilla has a ring, 3 silver sluggers, and six all star appearances which surprised me. I think he deserves all the money he's getting right now because he had a very successful career
It’s 30 million when all is said and done. Not even close to being the worst contract in baseball. Some of the worst baseball players today make that in one year.
Got to meet Bobby when he was a Dodger. Super nice guy. Sat there and talked to me and my dad for like 20 minutes.
Is it ironic a guy who's last name is pronounced "made off" ran a ponzie scheme?
It's not ironic; it's a coincidence. Irony would be if a guy named 'Ponzi' ran a very reputable investment business. And yes, I'm very fun at parties.
@@samcraft7573 like literallyyy lol it was so random how [thing happened] sooo ironic
(Help me, it hurts terribly to exist.)
lol
Still to this day, the greatest contract in all of sports.
The other one that shocks me is that the Braves (I think) are still paying Bruce Sutter, who last pitched in 1988. Both will be around 33/34 years retired when their payments end (2021 for Sutter, 2035 for Bonilla)
Bobby Bonilla will STILL be getting a paycheck 2 years AFTER Bryce Harper's deal expires
Wait. Did you guys omit when he played for the Marlins? And won a WS ring?
I think with the 1997 club. Bobby and his agent are actually pure geniuses.
@@MarloSoBalJr Yea, it was 1997. I stayed up and watched that series.
In 2019: Happy Bobby Bonilla Day!
Bobby Bonilla, the man, the myth, the legend. Mets didn't know what to do with him. He was a threat playing for the Pirates, that's where he and Bonds made a name for themselves. I'm glad he's getting paid justly.
For a player this is a win win. His career was over and he managed to get 30 million out of 5. He's getting checks till he's damn near 70. He's winning
July 1st 2023: Happy Bobby Bonilla Day!
It's our favorite day once again!!! Happy Bobby Bonilla Day 2024!!!!
July 1st, 2018 happy bobby bonilla day!!!!
Who's here on Bobby Bonilla day 2022?
This is the greatest deal in sports history for a player, brilliant move on Bonilla's part.
The Wilpons thought they were pulling the wool over Bobby B.’s eyes, meanwhile they were getting fleeced by Bernie Madoff. Sweet justice! Happy Bobby Bonilla Day!
I love it. It is good being Bobby Bonilla.
I'm from the future.
It's 2022, and we're still celebrating Bobby Bonilla Day! 💰
July 1st, 2022. Happy Bobby Bonilla day!
Bobby and his financial team are Gods among men.
The Mets are still paying Bret Saberhagen once a year as well
Happy Bobby Bonilla Day!
Jonathan Zygmunt happy bobby bonilla day
Happy Bobby Bonilla day!
3:01 we're not gonna talk about how he magically hit a ball to left than ended in right...
Happy Bobby Bonilla Day 2023!!!
Happy Bobby Bonilla day everyone !
a similar contract was granted future 49ers quarterback Steve Young in the USFL, It was supposed to be for 10 years, but was stretched to 40 years and then the league folded but the team still owed him his big contract stretched over 40 years (with interest), I'm not sure if they paid it all, but it sure was a good deal for Steve Young who only played for that team for 2 years.
He's still the best player on the Mets payroll
Can Bonilla's agent represent me? lol
Bobby Bonilla is one lucky dude
Carmelo Anthony is gonna do the same thing!
Carmelo Anthony is gonna do the same thing!
Carmelo Anthony is gonna do the same thing!
Carmelo Anthony is gonna do the same enlightened thing! (',') GO BOBBY GO
Carmelo Anthony is gonna do the same enlightened thing! (',') GO BOBBY GO
His agent is the most underappreciated on earth
Happy Bobby Bonilla Day! Not all heroes wear capes!
Bobby Bo IS having the last laugh!
Julian Gonzalez stfu your all over the comments hating. You're obviously jealous
You know how we say in the hood, we just chillin'
Mario Lemieux was given an entire hockey franchise😂
Happy Bobby Bonilla day 2022
I find it funny how everybody complains about Bobby Bonilla's contract but nobody says boo about David Wright who signed for well over 100 mil and barely played a game. Strange isn't it?
3:01 hits the ball clearly to left field.
Next clip: ball is in right field while the announcer calls exactly that
So they signed Hampton who got them to the World Series and their draft pick who turned out to be David Wright, a franchise player. Idk, seems like a decent tradeoff.
good for him! He coulda squawked up astorm and got more "now money" but nothing on the back end ...so good for him hes a smart man
Happy Bobby Bonilla Day 2021!
Love this story. Locking in 8% is nothing to sneeze at. Yes it’s possible to get the money up front and generate that yourself but historically it’s not easy, especially in the years of historically low federal interest rates from 2008 until early 2022.
It’s that time of year again!
Happy Bobby Bonilla Day, everybody!!!
Happy Bobby Bonilla Day in 2019!!
I'm 26 now, I'll be 42 when they stop paying him....Jesus Christ lol
Dude every July imagine making a million bucks. Thats incredible!!
And don't forget people that Bobby Bonilla also has a Word Series Championship ring from the 1997 Florida Marlins and he is getting paid for the rest of his life from the Mets what a genius and don't forget in the future that Allen Iverson is going to get paid again by the 76ers in the near future.
Isn’t Iverson’s deal with Reebok?
LampwicksCigar You are right LampwicksCigar my bad everyone it is Reebok and here is the site for that information. www.google.com/amp/s/basketballforever.com/2016/09/15/allen-iverson-saved-reebok-going-broke/amp/
At 3:03 they show him hitting a ball which seems to be to deep left field but the audio and video are of a right field home run....
"money for nothing and the cheques for free"
I was today years old when I learned that the lyric isn't "chicks for free."
Searched about Bobby Bonilla. Surprised to find out that he won a ring with the Marlins in '97.
Yep, he was key part of that team. He hit the homer in Game 7 to get the Marlins back into the game. He seemed to produce for every team he played for, except the Mets.
July 1st, 2022 - Happy Bobby Bonilla Day!
A bill of 5 million ended up coming to a bill of 30 million. Well Done Mets.. Well Done..
Happy Bobby Bonilla day 2020!
Happy Bobby Bonilla Day 2022
I missed the 90s, when there were Black baseball players. That was the golden era. Nowadays, the majority of MLB players who are Black are Latinos who downplay or don't embrace their Blackness. And no, I'm not Black.
Bonilla is one of the best players in team history, and also one of the smartest. He deserves every penny he is being paid.
He's 6th all-time in team history in slugging, and 7th all-time in OPS. He had season highs of 32 home runs (one of only about a dozen Mets ever to have that many) and 87 RBIs.
And he was hitting a blistering .325 when the Mets unwisely traded him to Baltimore mid-year in 1995, a season in which he finished with a career high average of .329 (higher than Boggs that year), and ranked in the top 10 overall in baseball.
So, yeah, Bonilla is easily one of the best players in Met history. The Met fans' consistent abuse of him demonstrates their well-established ignorance ... as well as other, even more unsavoury, traits.
When I heard of this initially, I was so glad for Bobby but I wonder why his contract gets such attention when it's been done in the past and currently? My theory is that he's a black man that has figured out how to play the system, along with that NY angle sprinkled with some Madoff. Who would disagree with that?
And of course it is those New York Mets of the Wilpons……known for their total ineptness and incompetence that ran a professional sports franchise like Keystone Cops.
Seems like as all things are, it's completely the Mets fault (both the management, the media, and fans), if you look at the numbers that Bonilla put up it wasn't even bad, he just struggled on defense.
That's probably the wisest life decision he ever made.
Met fans didn't treat Bobby Bo right.. The guy hit 2 homeruns in his debut against the Cardinals in 1992 than he went into a slump only a week later Met fans were booing him.. I'm glad he got the last laugh
I,and two other friends(guy&gal) met Bobby in a KFC pretty close to Times Square back in '91 or so. He was friendly and gracious to us even though he was eating with his kids. The people I was with knew more about him and conversed with him ,more than I. The Mets had won it all only a few years earlier,so I was far more concerned with seeing The Knicks beat MJ at the time and I wasn't too focused on baseball anymore.
So while his stint as a Met wasn't a great one,I can tell you from first hand experience ,the guy is a gentleman.
Happy Bobby Bonilla day everyone
July 1st 2022: Happy Bobby Bonilla Day!
I love it! Anything that sticks it to a robber baron, I'm gonna love.
Dude is gonna get his final check when tatis jr 's 14 year contract ends
HAPPY BOBBY BONILLA DAY 2020 🎉
Bobby Bonilla Day is almost here, again!!!!!!!!
I love the soundbites and clips. The dude was almost planning this shit all along.
How can their actually be people disliking this video?! Acting like you wouldn’t take free money lmao
Like the homeboys say back home, we just chillin’.
3:04 clearly hits a tanker to left but announce says “right field” #firetheeditor
That was 2 different home runs spliced together. The one to left was at Shea Stadium & the end of it to right was in Pittsburgh.
Now bosh is getting the same treatment except it's twice a month
Happy Bobby Bonilla day everyone! I'm 3 days late!
Bollina
Its crazy to think that a 5 yr $29 Million deal was a big deal back then, now a days if you're a decent player you could possibly pull that much down on a contract
He was playing cards with Rickie Henderson. That's Amazing.
Just some comparisons to people who can't comprehend the concept of interest or return on investments. If he had played (and gotten paid throughout) the 2000 season and happened to be a tech fan, liking Apple, he could have taken that $5.9 million and put it all on Apple stock. Had he done that, with all the various splits they have had since, he would have over 2 MILLION shares of Apple stock right now. With a total value of close to HALF A BILLION dollars.
Now...let's get more extreme. Maybe he was really tech savvy, and like many people, realizes here was a dangerous dot com bubble in the stock market. So, he took that money and stashed it away, knowing that the bubble was about the burst any day now, and that when it did, THEN he could invest it. So now, he doesn't invest that $5.9 million in Apple until March 1, 2000. At a split adjusted price of just $1.27. So NOW, he has over 4.6 million shares of Apple. And he could BUY the Mets. And almost ANY other sports franchise in America. Because that $5.9 million would be worth $1.3 BILLION. (Slightly more than $1.2 million a year for the next 25 years.)
And sure...that is an extreme case. But getting 8% annual return on your investments when you are super rich is NOT that difficult.
great stock footage of Shea. i miss it
negotiated his retirement.
2:13 Linda Cohn's hair is magical.
Happy Bobby Bonilla day!!