💨 Abstract

Bobby Bonilla, a former Major League Baseball player, has not played professionally since 2001 but continues to receive significant payments. Each July 1st, the New York Mets pay him almost $1.2 million as part of a deferred payment agreement negotiated by his agent, Dennis Gilbert. This deal stems from a financial error involving Bernie Madoff's Ponzi scheme and Fred Wilpon, former Mets owner, who sought high returns from Madoff.com

Courtesy: WTOP Staff