Bobby Bonilla Net Worth

Bobby Bonilla Net Worth: Baseball Player Career & Lifestyle!

Bobby Bonilla, better known by his real name Roberto Martin, is a well-known American baseball player. Fans and Antonio have nicknamed him “the Killer Bees” for the past 58 years. Bobby Bonilla has returned to work as the host of the Citi Field Stay series. He’s a retired Major League Baseball player, but he’s still getting paid after 20 years. ESPN reports that in 2000, the Mets agreed to buy Bonilla’s contract for $5.9 million, with the remaining annual installments to be paid at the same rate. For the time being, the New York Mets are still paying him $1.2 million each year. During the year 2001, Bobby Bonilla did not take part in any organized or professional basketball competitions at all. Bobby Bonilla has a contract with the New York Mets that expires on July 1, 2035, and he was paid $1.9 million this year on July 1. Bobby Bonilla’s annual compensation is $1.9 million, and he will be paid until 2035 when he will be 72 years old. Bobby Bonilla’s current net worth is $25 million.

Early Life:

Bobby Bonilla Net Worth

Born on the 9th of April, 1963, Bobby Bonilla grew up in The Bronx, New York. In the early 1980s, he graduated from high school and played baseball. While attending high school, he was not selected in the 1981 MLB draught, which motivated him to enroll at the New York Institute of Technology and pursue a computer science major. However, after just one semester, he was recognized by the Pittsburgh Pirates and worked through the team’s farm system.

Bobby Bonilla’s Net Worth:

Retired Major League Baseball outfielder Bobby Bonilla is worth $20 million. Between 1986 and 2001, Bonilla was a major league baseball player, playing for several organizations. Bobby had a.279 batting average, a.358 on-base percentage, and a.472 slugging percentage in a 16-year career. With the Florida Marlins, he won the World Series in 1997, which was perhaps the high point of his professional career. In 1990, he was the league leader in extra-base hits, and in 1991, he was the league leader in doubles. He also played in six All-Star Games and won three Silver Slugger Awards during his time in the major leagues.

Net Worth:$20 Million
Salary:$1 Million
Date of Birth:Feb 23, 1963 (59 years old)
Profession:Baseball player
Nationality:United States of America

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bobby bonilla net worth

When Bobby fractured his right leg while training in 1985, it looked like his career was over. However, a year later, the Chicago White Sox drafted him, and he made his major league debut soon after. Later in the year, the Pirates re-acquired him after realizing his potential. Bonilla began the season as a third baseman but was shifted to right field after a string of mistakes. Bobby helped lead the Pirates to a lot of NL East Division championships by combining with talents like Barry Bonds and Andy Van Slyke.

This period saw him win several Silver Slugger Awards and lead the league in many statistical categories. He also became one of the league’s best hitters during this time.

Bobby was signed by the Mets as a free agent in the early 1990s and became the league’s highest-paid player. He signed a five-year, $29 million contract, which is worth almost $55 million in today’s dollars. For whatever reason, Bonilla did not live up to his lofty salary; his numbers plummeted soon after signing with the Mets. Prior to his comeback in 1998 to the New York Mets, Bobby spent a number of seasons with teams such as the Baltimore Orioles, the Florida Marlin, and the Los Angeles Dodgers.

Disappointment and criticism from both fans and the media dogged him throughout his final season in New York. Rickey Henderson and Rickey Bonilla were playing cards in the clubhouse during a 1999 Braves loss to the Mets when Bonilla seemed to lose interest. Here he signed the contract that became known as “the deal.” On his contract, the Mets owed him $5.9 million and agreed to defer payment in return for annual installments until 2035.

In his final few years, Bonilla spent time with the Atlanta Braves and St. Louis Cardinals, but he was clearly unable to replicate the success he had previously enjoyed. He announced his retirement from baseball in 2001, citing injuries and a lack of playing time as the reasons.

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Career Earnings

Bonilla made $52 million in pay throughout the course of his 15-year playing career with seven different organizations. He became the highest-paid baseball player in the league and one of the world’s highest-paid athletes after signing a contract with the New York Mets in 1992. Despite retiring from baseball in 2001, Bonilla had a 25-year deal with the New York Mets that entitles him to almost $1.2 million in salary. It’s worth noting that he also receives $250,000 per year from a 1994 contract with the New York Mets, which netted him $1.45 million. While he hasn’t played since 2001, this contract still places him among the Mets’ top earners.

Bobby Bonilla’s Famous Contract:

bobby bonilla net worth

Incredibly, the New York Mets have agreed to pay Bonilla approximately $1.2 million per year through 2035, despite the fact that he hasn’t played professionally since 2001. Quite literally, it’s $1,193,248. That’s impossible, right?

With $5.9 million left on his contract in 2001, Bonilla was an older veteran with a lot of time left on the clock. The Mets were aware that he could be released to make room on the roster. Bonilla was concerned that $5.9 million after taxes and fees would not be enough to support his family for the rest of his life, so he approached The Mets Management with a proposal.

Instead of paying him $5.9 million in 2001, Bonilla and his agent requested that he pay $29.8 million over 28 years beginning in 2011 instead. Starting at age 47, Bonilla would receive $1.2 million per year for the next 25 years. The last $1.2 million payment will be sent to Bobby on his 72nd birthday in 2035.

Bobby’s contract with the Mets isn’t the first time he’s signed a contract that’s a little too long. Back in 1994, the New York Mets promised to pay him $250,000 a year for 25 years, commencing in 2003, for the $6 million they owed him for the 1994-95 season.

So theoretically, the Mets pay him $1.4 million years instead of $1.2 million.

Whether this was a good idea or not is debatable among fans. This agreement has divided opinion, with some believing that the Mets made a great move by accepting it, while others believe that Bobby walked away with more money. There are many ardent Bonilla supporters who refer to July 1st as “Bobby Bonilla Day” since it is a piece of baseball history and a fascinating trivia fact.

Although Bobby Bonilla hadn’t appeared in any Mets games since 1999, he was still among the Mets’ highest-paid players at the time of the 2020 report. Until the year 2035, he will continue to receive these benefits. Bobby Bonilla gets an additional $250,000 per year from a contract signed in 1994, therefore it’s hard to see how this could be a poor deal for Bonilla. As a result of this deferred payment plan, financial experts predict that he will receive twice as much as his initial contract value of roughly $12.5 million.

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Personal Life:

Following their divorce in 2009, he married Migdalia Bonilla in the 1980s. He’s now single and hasn’t been seeing anyone.

In addition to his wife and two children, Bobby Bonilla is the father of one other child, a daughter. On October 21, 1993, Bobby Bonilla’s son, Brandon Bonilla, was born. In addition, Bobby Bonilla’s daughter is Danielle Bonilla, who was born in 1988.

Real Estate:

bobby bonilla net worth

Bobby Bonilla bought the property in northern Greenwich, Connecticut’s Round Hill Historic District in 1992, according to reports. When he bought this piece of property, he decided to build on it. A few years later, he attempted to sell the home for $7.5 million but was forced to accept a significantly lesser offer of $5 million in 2011.