By Eric Umphrey
The Times 

Why is July 1 Bobby Bonilla Day?


We’ve all heard stories about professional athletes that have squandered millions in salary and ended up homeless. The following story is not one of those. It is about a great decision made by a major league baseball player who retired in 2001. Thanks to a good agent, high interest rates, and a leap of faith retired player, Bobby Bonilla has been getting a check for $1.19 million every July 1 from the New York Mets since 2011. He will continue receiving a check through 2035 when he is seventy-two years old.

In a recent interview on the podcast Planet Money, Bonilla was asked what he was t...

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