Every July 1st until 2035 Bobby Bonilla receives his check for $1.193 Million for his deferred contract with the Mets.
Instead of paying $5.9 million to buyout his contract up front. The Mets decided to spread the contract out over 25 years (2011 to 2035) with 8% annual interest.
Wonder if that's the same model LVL is using to pay their NIL? lol
Instead of paying $5.9 million to buyout his contract up front. The Mets decided to spread the contract out over 25 years (2011 to 2035) with 8% annual interest.
Wonder if that's the same model LVL is using to pay their NIL? lol
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