Bobby Bonilla is a Genius

Bobby Bonilla was smart enough to secure one of the most forward thinking contracts in sports history. He knew The Mets wanted him gone, but technically, they owed him $5.9 million. He also knew he had a young son and daughter who would be looking to go to college, and as a 36-year-old, he likely had many years worth of life to live. So at this point, Bobby and his agents offered a unique compromise: The Mets would release Bobby to play for another team and they would delay the $5.9 million payment for 11 years, with interest. In essence, The Mets agreed to pay Bobby a total of $29.8 million (instead of $5.9 million) in 25 annual installments of $1.192 million, starting in the year 2011. When he received his first $1.192 payment, Bobby was 48 years old and had not played in the big leagues for 10 years. He has basically guaranteed himself a big league salary every year for the rest of his life.

Warner, Brian. "When Bobby Bonilla Wakes Up Tomorrow, He'll be $1.2 Million Richer" celebritynetwork.com, June 30, 2015, Accessed on July 1, 2015, http://www.celebritynetworth.com/articles/sports-news/when-bobby-bonilla-wakes-up-tomorrow-hell-be-1-2-million-richer/