There are sure days on the main League Baseball calendar that capture the eye of fans everyplace. gap Day involves mind, the All-Star game, the beginning of the planet Series.

But there's in the future that trumps them all: police officer Bonilla Day.

OK, perhaps it doesn't quite trump all of them, however police officer Bonilla Day celebrates one amongst the foremost distinctive contract things within the history of sports.

As ESPN reports, in 2000, Bonilla had $5.9 million left on his handle the ny Mets, however the Mets wished out. in order that they bought the six-time All-Star out of his contract.

However, apparently they didn't need to pay everything of the cash all quickly. and that they had a reason.

The Mets possession was involved Wall Street mogul Bernie Madoff, ANd had invested with in an account that secure vital returns. That didn't happen, though; and in 2009, Madoff pleaded guilty to eleven crime charges stemming from his business dealings.

Back in 2000, though, the Mets possession was wishing on that investment promise, and instead of pay Bonilla his $5.9 million and be done, AN agreement was affected that, beginning in 2011 and continued for twenty five years, each July first the Mets would pay Bonilla roughly $1.2 million, variety that enclosed interest.

As ESPN states, the Mets were hoping to create a profit by delaying the payments.

When Madoff's operation was discovered as a colossal Ponzi theme, so unhealthful some investors, it affected the Mets' possession in addition, and meant there would be no profit off the holdup of Bonilla's contract.

Instead, police officer Bonilla Day was born. Bonilla, currently fifty six years recent, can collect rough $1.2 million each legal holiday for an additional sixteen years. The total, nearly $30 million.

For Bonilla, it really is Christmas in July.