It’s no secret the Mets former owners, the Wilpons, made their share of financial and personnel blunders running the team. Among their biggest doozies was offering outfielder Bobby Bonilla a 25-year annuity, which pays him $1.19 million each July 1 instead of paying him the lump sum of $5.9 million he was owed for the 2000 season. The payments began in 2011 and are scheduled to end in 2035.
Mets fans refer to July 1 as Bobby Bonilla Day as a way of ridiculing the Wilpons. New Mets owner Steve Cohen is well aware of it and on Twitter he announced he’d like to have some fun by inviting Bonilla to Citi Field that day and handing him an oversized check and letting him address the fans. Cohen added he’d like to make it a yearly tradition.