Jul 1, 2020
10:55:10am
10:55:10am
Yep. Bonilla took a 1 year cut of 25M (IIRC) and the Mets took it as a loan.
Delayed payment for 10-11 years (From 1999 to 2010 or something) with an 8% interest rate or something. They figured they'd make a killing only guaranteeing 8% since Madoff was giving them 12-15% annually like clockwork.
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7/1/20 10:23am
The Mets are also paying Bret Saberhagen $250,000 this year as well. And Bonilla is getting $500k from the Orioles.
7/1/20 10:38am
7/1/20 10:42am
7/1/20 10:55am
7/1/20 10:55am