The New York Mets sign free agent outfielder Bobby Bonilla to a five-year, $29 million contract.

On December 2, 1991 – The New York Mets sign free agent outfielder Bobby Bonilla to a five-year, $29 million contract. Bonnilla will get traded during the 4th year of the contract, he will perform pretty well hitting 91 homeruns and driving in 275 runs, hitting .279. The contract was the largest Free Agent deal at the time.

After the trade to Baltimore, he returned to the Mets in 1999, was released after the year, but still was owed $5.9 million in 2000. The Mets, wanting to free up cash, and believing they could easily finance the payments with investments they made with Bernie Madoff, negotiated a deal that would defer Bonilla’s payments at an 8% interest rate beginning in 2011.

It was a stroke of genius for Dennis Gilbert and Bonilla. Bonnilla will receive $1.19 Million per year until 2035 when he will be 72 years old.

@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90YWdzIiwic2V0dGluZ3MiOnsiYmVmb3JlIjoiTGVhcm4gTW9yZSBhYm91dCB0aGUgdGVhbXMsIHBsYXllcnMsIGJhbGwgcGFya3MgYW5kIGV2ZW50cyB0aGF0IGhhcHBlbmVkIG9uIHRoaXMgZGF0ZSBpbiBoaXN0b3J5IC0gLSAtIC0gLSAtIC0gIiwiYWZ0ZXIiOiIiLCJsaW5rX3RvX3Rlcm1fcGFnZSI6Im9uIiwic2VwYXJhdG9yIjoiIHwgIiwiY2F0ZWdvcnlfdHlwZSI6InBvc3RfdGFnIn19@

Play by Play, Box Scores, News Paper Reports and other links

Other Resources & Links

Baseball is the only game you can watch on the radio. Join the community today and listen to hundreds of broadcasts from baseball’s golden age.

Lets go! Start listening!

Share the Post:

2005 – The Anaheim Angels trade outfielder Jose Guillen to the Washington Nationals for outfielder Juan Rivera and infielder Maicer Izturis. Guillen, who hit .294 with 27 home runs and 104 RBI in 2004, is now playing for his sixth team in his eight-year career. He was suspended by Anaheim after throwing a helmet during a tirade caused by being taken out for a pinch runner last September.

January 19, 2005

The Giants file a $200,000 damage suit against Francis X. McQuade for seeking to “wreck and destroy” the club. The team’s long-time club treasurer countersues, and the NY Supreme Court will eventually rule that he is entitled to back pay, but not his job.

December 24, 1929

The Astros acquire free agent-to-be Mark Loretta from the Brewers for cash and a player to be named. In two days, the player turns out to be Keith Ginter, hitting .264 at New Orleans.

August 31, 2002

Start Listieng to Classic Baseball Broadcasts (1934 - 1973)

Enjoy our free trial and start listening to games, interviews and shows! Ruth, Mantle, Aaron, and Seaver!

class="wp-singular post-template-default single single-post postid-124768 single-format-standard wp-custom-logo wp-embed-responsive wp-theme-kadence wp-child-theme-kadence-child logged-out footer-on-bottom hide-focus-outline link-style-standard content-title-style-normal content-width-normal content-style-unboxed content-vertical-padding-show non-transparent-header mobile-non-transparent-header kadence-elementor-colors elementor-default elementor-kit-193430 elementor-page-193959"

The New York Mets sign free agent outfielder Bobby Bonilla to a five-year, $29 million contract.

Play by Play, Box Scores, News Paper Reports and other links

Other Resources & Links

Lets go! Start listening!

Related Posts

The Giants file a $200,000 damage suit against Francis X. McQuade for seeking to “wreck and destroy” the club. The team’s long-time club treasurer countersues, and the NY Supreme Court will eventually rule that he is entitled to back pay, but not his job.

The Astros acquire free agent-to-be Mark Loretta from the Brewers for cash and a player to be named. In two days, the player turns out to be Keith Ginter, hitting .264 at New Orleans.

Start Listieng to Classic Baseball Broadcasts (1934 - 1973)

Podcast

The New York Mets sign free agent outfielder Bobby Bonilla to a five-year, $29 million contract.

Play by Play, Box Scores, News Paper Reports and other links

Other Resources & Links

Daily Rewind - Baseball History delivered daily

Lets go! Start listening!

Related Posts

The Giants file a $200,000 damage suit against Francis X. McQuade for seeking to “wreck and destroy” the club. The team’s long-time club treasurer countersues, and the NY Supreme Court will eventually rule that he is entitled to back pay, but not his job.

The Astros acquire free agent-to-be Mark Loretta from the Brewers for cash and a player to be named. In two days, the player turns out to be Keith Ginter, hitting .264 at New Orleans.

Start Listieng to Classic Baseball Broadcasts (1934 - 1973)

Podcast