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Happy Bobby Bonilla Day! Why the Mets pay him $1.19 million every July 1www.espn.com/mlb/story/_/id/45590991/bobby-bonilla-day-2025-new-york-mets-pay-million-every-july-1
369 sats \ 6 comments \ @BlokchainB 2 Jul Stacker_Sports
Everytime I see this headline I just LMAO. I didn’t follow the Mets as closely back then but it’s crazy to me the Mets are still paying this dude! They only owed him $6M bucks now they are on the hook for 10 more years of this madness!
Now that the Mets are good this day doesn’t hurt as much as it used to.
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110 sats \ 3 replies \ @Undisciplined 2 Jul
At the time, Mets ownership was invested in a Bernie Madoff account that promised double-digit returns
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42 sats \ 2 replies \ @BlokchainB OP 2 Jul
That damn madoff
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71 sats \ 1 reply \ @Undisciplined 2 Jul
These buyout deals are pretty common, but I wasn't expecting it to be tied up in a failed Madoff scheme.
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0 sats \ 0 replies \ @BlokchainB OP 2 Jul
But it make sense why pay Bobby $6M when you can give it to madoff and he generates a 20% return that you can pay the 1.19 mil over 20 years?
This is the very reason why yield exists! I’m starting to think getting yield is more addictive than sugar, fatty foods and porn
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94 sats \ 1 reply \ @grayruby 2 Jul
On the bright side 1.19M ain’t what it used to be.
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40 sats \ 0 replies \ @BlokchainB OP 2 Jul
Hahahaha
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