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What is Bobby Bonilla Day? Explaining the New York Mets' ongoing contract saga

Major League Baseball might be intertwined with July 4, but another early-July holiday holds special significance for a significant portion of baseball fans. 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. Bonilla was owed $5.9 million when the Mets cut the aging player in 1999 and bought out the rest of his contract. Instead of paying him the sum up front, however, then-Mets owner Fred Wilpon cut a deal with Bonilla's camp. The Mets would pay B...