The calendar has turned to July 1, and that means one thing: It’s time for Mets fans everywhere to wish each other a Happy Bobby Bonilla Day! Why? On Saturday, 59-year-old Bobby Bonilla will collect a check for $1,193,248.20 from the New York Mets, as he has and will every July 1 from 2011 through 2035.
Because of baseball’s salary structure, Bonilla’s annual payday is often more than some of the game’s current young stars will make in a given year — and this season that even includes the salary of two 2023 All-Star starters.
But the Mets are not alone in the practice of handing out deferred payments to star players long after they last suited up for the team, with former MVPs and Cy Young winners among the notable names still collecting annual paychecks from their previous employers.
Here is everything you need to know about Bonilla’s payday, deferred money in MLB and the current players making less for the 2023 season than Bobby Bo will receive from the Mets on Saturday.
So why does Bonilla get this payday?
In 2000, the Mets agreed to buy out the remaining $5.9 million on Bonilla’s contract.
However, instead of paying Bonilla the $5.9 million at the time, the Mets agreed to make annual payments of nearly $1.2 million for 25 years starting July 1, 2011, including a negotiated 8% interest.
At the time, Mets ownership was invested in a Bernie Madoff account that promised double-digit returns, and the Mets were poised to make a significant profit if the Madoff account delivered — but that did not work out.
Bonilla last played for the Mets in 1999 and last played in the majors for the Cardinals in 2001, but he will be paid through 2035 (when he’ll be 72).
Here are some other notable deferred-money contracts, courtesy of ESPN Stats & Information:
• Bobby Bonilla (again): A second deferred-contract plan with the Mets and Orioles pays him $500,000 a year for 25 years. Those payments began in 2004.
• Bret Saberhagen: Will receive $250,000 a year from the Mets for 25 years (payments also began in 2004; this was the inspiration for Bonilla’s deal).
• Max Scherzer: Will receive $105 million total from the Nationals that will be paid out through 2028.
• Manny Ramírez: Will collect $24.2 million total from the Red Sox through 2026.
• Ken Griffey Jr.: Will receive $3.59 million from the Reds every year through 2024 as the deferral from his nine-year, $116 million deal signed in 2000.
• Todd Helton: Will get $1.3 million from the Rockies every year through 2023 as the result of $13 million deferred when he signed a two-year extension in 2010.
How this compares to 2023 salaries
Because baseball’s salary structure has young players start their careers by earning just over half of Bonilla’s annual $1.19 million, the following players will be making less than Bonilla this season (listed in order of 2023 WAR):
And now, the race for the playoffs is officially on!
In the East, the Atlantic Division seeds seem pretty well set, and that goes for two of three Metro Division seeds as well; the New Jersey Devils, in the No. 3 spot, are dealing with major injury woes. They are currently without Jack Hughes, Dougie Hamilton and Jonas Siegenthaler.
But it’s in the wild-card race where things get truly, well, wild. The Columbus Blue Jackets (68 points in 62 games) and Ottawa Senators (67 in 61) hold those positions heading into Saturday’s slate of games. But five teams are within four points of the Sens, with around 20 games left each.
There is a lot of runway left until the final day of the season on April 17, and we’ll help you keep track of it all here on the NHL playoff watch. As we traverse the final stretch, we’ll provide detail on all the playoff races — along with the teams jockeying for position in the 2025 NHL draft lottery.
Points: 43 Regulation wins: 12 Playoff position: N/A Games left: 18 Points pace: 55.1 Next game: vs. NYI (Saturday) Playoff chances: ~0% Tragic number: 11
Race for the No. 1 pick
The NHL uses a draft lottery to determine the order of the first round, so the team that finishes in last place is not guaranteed the No. 1 selection. As of 2021, a team can move up a maximum of 10 spots if it wins the lottery, so only 11 teams are eligible for the draw for the No. 1 pick. Full details on the process can be found here. Sitting No. 1 on the draft board for this summer is Matthew Schaefer, a defenseman for the OHL’s Erie Otters.
The days leading up to the 2025 NHL trade deadline were a furious final sprint as contenders looked to stock up for a postseason run while rebuilding clubs added prospects and draft capital.
After the overnight Brock Nelson blockbuster Thursday, Friday lived up to expectations, with Mikko Rantanen, Brad Marchand and other high-profile players finishing the day on different teams than they started with. All told, NHL teams made 24 trades on deadline day involving 47 players.
Which teams and players won the day? Who might not feel as well about the situation after trade season? Reporters Ryan S. Clark, Kristen Shilton and Greg Wyshynski identify the biggest winners and losers of the 2025 NHL trade deadline: