Bobby Bonilla 2.0

[Cedrique]

Ensuring that a decade from now dumbasses who don't understand present value and interest and shit like that can say "Why are the Mets still paying this guy a million bucks?!?"

MSN

 

[steveringo]

Um... So, nothing for 9 years?

"The Mets will only pay $4.5 million of that total this season. The rest will be paid out from 2034-38, when Martinez will make $1.5 million each year."

And, it mentions noting about interest or inflation adjustments....

 

[calsnowskier]

Um... So, nothing for 9 years?

"The Mets will only pay $4.5 million of that total this season. The rest will be paid out from 2034-38, when Martinez will make $1.5 million each year."

And, it mentions noting about interest or inflation adjustments....

Delayed payment has that already baked in. The Mets have access to the money until ‘34 while Martinez does not. It is essentially a 10 year load.

 

[The Q]

These owners put. money down the pike because for many of them it won't be their problem