Ya not gonna believe! Bonilla owed more
July, 15, 2013
By Adam Rubin | ESPNNewYork.com
Mitchell Layton/Getty ImagesThis Bo knows deferred payments.
It's worse than you thought.
Jon Heyman at CBSSports.com reports the Mets actually have two annual payments owed to Bonilla: the $1,193,248.20 obligation widely known -- plus a second payment of $500,000 shared with the Baltimore Orioles, who absorb just less than half.
The report states the $1.19 annual payment comes from when the team deferred $5.9 million at 8 percent interest from Bonilla's first stint with the team.
The second, previously unreported payment, is related to Bonilla's second stint with the Mets, according to Heyman.
Both are 25-year obligations. The newly revealed one runs through 2028, with the $1.19 million obligation going to 2035.
It had previously been known that the Mets deferred money with Bret Saberhagen as well. That sum, according to Heyman: $250,000 annually for 25 years beginning in 2004, for a total of $6.25 million.