Bobby Bonilla was a professional baseball player who signed a contract with the New York Mets in 1990. The contract was for twenty years and was worth $29,000,000.00.
Bonilla’s contract had a salary escalator of one percent per year that would increase his salary by 2% each season until the end of the deal in 2035. Bonilla had the option to extend his contract with the Mets until 2036 by exercising this provision in 1990, but he declined to do so.
Bonilla’s annual salary started at $1,000,000 and increased to $5,000,000 in 1996. He earned $1 million per year from 1997 through 1999; $7 million in 2000; $8 million from 2001 through 2004; $9 million from 2005 through 2008; $10 million from 2009 through 2011; and $500,000 per year from 2013 through 2015. His salary will remain at $500,000 until 2035 when it will increase by 5% annually until reaching its final value of $29 million (or about half of what Bonilla would have made if he’d exercised his option).
Who is Bobby Bonilla?
Bobby Bonilla, born on April 16th, 1968, is a former professional baseball player.
He played for the New York Mets and Baltimore Orioles between 1988 and 2000. In 1991, he became the first player in MLB history to hit over 50 home runs and steal over 50 bases in a single season. He was also the first player to win both an MVP Award and a World Series Championship in consecutive years (1993-1994).
In 2001, Bobby Bonilla was inducted into the National Baseball Hall of Fame.
After his career ended, he became a coach for the Mets until 2003 when he left to become a special assistant to general manager Omar Minaya. In 2008, he became vice president of player development and international scouting. Recently, he has been working as an analyst for ESPN Deportes Radio Network.
Bobby Bonilla’s Carreer
Bobby Bonilla is one of the most famous baseball players of all time. He was born in Puerto Rico and played for several teams including the New York Mets, San Francisco Giants, and Baltimore Orioles. He was known for his hitting ability as well as his speed on the base paths.
Bonilla’s career began when he signed with the Pittsburgh Pirates in 1986 at age 19. In 1989 he was traded to the Mets, where he spent 9 seasons before moving on to play for other teams. In 1992 he led all major league shortstops in fielding percentage (.988).
Bobby Bonilla was a fan favorite throughout his career because of his willingness to sign autographs for fans at any opportunity and his commitment to giving back to communities through charity work.
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