From a contract blunder to baseball legend, here’s how Bobby Bonilla turned deferred payments into a yearly celebration ...

Bobby Bonilla, 62, is a renowned former baseball third baseman and outfielder who gained fame while playing in Major League ...

By now, the Mets might as well declare July 1 an official holiday. It’s Bobby Bonilla Day, and the 62-year-old will be ...

Bonilla has the most infamous deferred deal in MLB history and still receives checks from the Mets, despite last playing for ...

That day is July 1, also known as "Bobby Bonilla Day." It's the day when the New York Mets pay their annual deferred fee to former player Bobby Bonilla — who last played an MLB game in October 2001.

Bobby Bonilla, who turned $5.9 million into $30 million thanks to a deferred contract, remains the only player who will be paid until he’s 72.

In fact, Bonilla has a second deferred salary agreement with the Baltimore Orioles, who still owe him $500,000 a year from 2004-28. July 1 is a good day in the Bonilla household.

Every July 1, Bobby Bonilla earns a check for over $1 million from the New York Mets despite last playing for the team in 1999. Here's the backstory behind one of MLB's wildest deals.

Happy Bobby Bonilla Day! Every July 1st from 2011 to 2035, the New York Mets pay Bonilla — who retired 20 years ago — $1,193,248.20 as a part of his buyout deal.

Well, now one lucky—and wealthy—Bobby Bonilla fan can own a piece of infamous baseball history: the contract agreement that created Bobby Bonilla Day.