Bobby Bonilla Net Worth: Bobby Bonilla’s Girlfriend and Marital Status

To know about Bobby Bonilla’s Net Worth read the full article. Bobby Bonilla is a retired Major League Baseball player who played in the major leagues from 1986 and 2001.

Bonilla was a member of the very successful and pennant-contending Pittsburgh Pirates club in the late 1980s and early 1990s, as well as one of the best batters and overall top performers in the Major Leagues.

Bobby Bonilla Net Worth

During his time with the Pirates, Bonilla racked up excellent numbers in home runs, RBIs, doubles, extra base hits, and Wins Above Replacement averages, as well as four All-Star selections, three Silver Slugger Awards, and a strong contender for the National League’s Most Valuable Player award.

Net Worth: $20 Million
Salary: $1.45 Million
Date of Birth: Feb 23, 1963 (59 years old)
Gender: Male
Profession: Baseball player
Nationality: United States of America

Early Life of Bobby Bonilla

Bobby Bonilla was born in The Bronx, New York, on April 9th, 1963. Before graduation in the early 1980s, he grew up playing baseball in high school.

He was undrafted in the 1981 Major League Baseball draught after graduating from high school, prompting him to enrol at the New York Institute of Technology to pursue a computer science degree.

After just one semester, he was recognized by the Pittsburgh Pirates and made his way up through the organization’s farm system.

Success

Bobby’s career was on the verge of ending when he fractured his right leg during training in 1985. He was picked up by the Chicago White Sox a year later, and he made his main league debut not long after.

Later in the year, the Pirates re-acquired him after realizing his potential. Although Bobby Bonilla started as a third baseman, a lot of errors resulted in him being transferred to right field.

Bobby helped the Pirates become highly successful, and the team won a lot of National League East Division titles, thanks to his collaboration with talents like Barry Bonds and Andy Van Slyke.

He also became one of the league’s best batters during this time, winning a number of Silver Slugger Awards and leading the league in a number of statistical categories.

Bobby was signed by the Mets as a free agent in the early 1990s and became the league’s highest-paid player. His contract was for five years and $29 million, which is around $55 million in today’s money.

Bonilla’s performance, however, did not match his big salary, as his statistics declined after joining the Mets. After that, Bobby spent time with the Baltimore Orioles, the Florida Marlins, and the Los Angeles Dodgers before returning to the New York Mets in 1998.

His final season with the Mets was marred by disappointment, and he was widely chastised by fans and the media. Bonilla appeared to lose interest with time, as seen by his staying in the clubhouse playing cards with Rickey Henderson when the Mets fell to the Braves in 1999.

Bobby Bonilla Net Worth

He signed his legendary deal at this point. The Mets owing him $5.9 million under his contract, which they decided to delay in return for annual installments until 2035.

Bonilla subsequently spent the final years of his career with the Atlanta Braves and the St. Louis Cardinals, despite the fact that he was clearly incapable of repeating his prior success.

He announced his retirement from baseball in 2001, citing injuries and less playing time as reasons.

What Is Bobby Bonilla’s Net Worth?

Bobby Bonilla has a net worth of $20 million dollars. Bonilla rose to prominence as a Major League Baseball player, appearing for a number of teams between 1986 and 2001.

Bobby had a.279 batting average, 358 on-base percentage, and.472 slugging percentage throughout the course of his 16-year career. His career highlight was most likely winning the World Series with the Florida Marlins in 1997.

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In 1990, he led the league in extra-base hits, and in 1991, he topped the league in doubles. Bonilla also appeared in six MLB All-Star Games and was awarded three Silver Slugger Awards.

Career Earnings of Bobby Bonilla

During his 15-year playing career, Bonilla earned $52 million from seven different teams. His contract with the New York Mets in 1992 made him the highest-paid baseball player in the league and one of the world’s highest-paid athletes.

Bonilla retired from baseball in 2001, but his final deal with The Mets rights him to almost $1.2 million over a 25-year period beginning in 2011 and ending in 2035.

He also receives $250,000 per year as part of a $1.45 million contract he signed with the Mets in 1994. Despite the fact that his career ended in 2001, this contract keeps him as one of the highest-paid players on the Mets’ roster.

Bobby Bonilla’s Well-known Contract

Even though Bonilla hasn’t played professionally since 2001, the New York Mets have agreed to pay him approximately $1.2 million every year through 2035. In technical terms, $1,193,248.

How is this even possible? Bonilla was an aging veteran with $5.9 million left on his contract in 2001. The Mets realized he could be easily released to make room on the roster.

At the same time, Bonilla was concerned that $5.9 million after taxes and fees wouldn’t be enough to support his family indefinitely, so he approached The Mets Management with a proposal.

Instead of paying him $5.9 million in 2001, Bonilla and his agency proposed paying him $29.8 million over 28 years beginning in 2011.

That works up to $1.2 million each year for 25 years, beginning when Bonilla was 47 years old and out of baseball. Bobby will receive the final $1.2 million payout on his 72nd birthday in 2035.

This was not Bobby’s first out-of-the-blue contract with the Mets. The Mets agreed in 1994 to pay him half of the $6 million owing him for the 1994-1995 season, or about $3 million, in $250,000 increments over 25 years beginning in 2003.

So, officially, The Mets pay him around $1.4 million every year. Fans are divided on whether this was a good idea. Some believe that the Mets made the right decision in accepting this transaction, while others believe that Bobby got the better end of the bargain.

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In any case, it’s a piece of baseball history and a fascinating trivia item, with many devoted fans now referring to Bobby’s July 1st paycheck as “Bobby Bonilla Day.”

In 2020, it was claimed that Bobby Bonilla was still among the Mets’ highest-paid players – despite not playing a single inning since 1999.

He will keep receiving these payouts until 2035. When you consider Bobby’s additional annual payout of $250,000 as a result of a contract signed in 1994, it’s tough to see how this could be a terrible bargain for Bonilla.

In reality, because he chose this deferred payment method, financial experts predict he would collect double his initial contract value of roughly $12.5 million.

The Bernie Madoff Connection

Why would the Mets agree to spend more than $5.9 million for a player? The Mets’ funds, under the guidance of owner Fred Wilpon, were substantially invested with Bernie Madoff at the time.

As a result, the Mets were used to seeing double-digit returns year after year. The Mets performed the math and determined that even an 8% return on the deferment would net them a $60 million profit.

And $60 million is almost precisely double $29.8 million over time. Unfortunately, as we now know, Bernie Madoff’s high-single-digit gains were the result of a massive ponzi scheme.

Wilpon would end up losing $700 million as a result of this plan. However, they are still liable for Bonilla’s contract until 2035. That’s what I’m talking about when it comes to retirement planning.

Bobby Bonilla’s Girlfriend and Marital Status

Do you know if Roberto Martin Antonio Bonilla is married, single, or in a relationship? If you prefer gossip, you will enjoy this section where we discuss Roberto Martin Antonio Bonilla’s personal life.

Bobby Bonilla Net Worth

We’ll include some important facts in a table here, such as affairs, marital status, spousal status, hobbies, and so on. We’ve tried to include their favorite items as well as their personalities in this article.

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You can use the table to find out about someone’s marital status and other details.

Real Estate

Bobby Bonilla was believed to have purchased property in the Round Hill Historic District of northeastern Greenwich, Connecticut, in 1992.

He paid $1.9 million for this piece of property and then constructed a house on it. In 2010, he attempted to sell the property for $7.5 million, but was forced to accept a $5 million offer in 2011.

Frequently Asked Questions

What is Bobby Bonilla’s full name?

Roberto Martin Antonio “Bobby Bonilla” is his full name.

Who is Bobby Bonilla’s wife?

Migdalia Bonilla is Bobby Bonilla’s wife.

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