Bobby Bonilla's Million-Dollar Ghost | New York Mets News

Every July 1st, Bobby Bonilla still gets a $1 million check from the Mets — a bizarre payday born from a 2001 contract deferral that’s now set to last until 2035. Once a star, he hasn’t played since 2001, but thanks to a deal that included 8% interest, he’s cashing in nearly $30 million over 25 years. The twist? The Mets’ owner at the time, Fred Wilpon, planned to use Madoff’s Ponzi scheme to fund the interest — a gamble that backfired spectacularly. Now, this infamous contract is a cautionary tale in baseball, echoing through every summer as a financial ghost haunting the Mets — and a growing trend as players like Shohei Ohtani embrace deferred pay.

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