The Bobby Bonilla Retirement Plan: Quit Baseball In 2001, Get Paid Until 2035

The Bobby Bonilla Retirement Plan: Quit Baseball In 2001, Get Paid Until 2035 (FiveThirtyEight)
Bobby Bonilla hasn’t played in a professional baseball game since 2001, yet on July 1 of this year, the New York Mets paid him $1.19 million. And they will every July 1 until 2035, as part of a def…

Sep. 30, 2016 at 10:00 AM

Bobby Bonilla hasn’t played in a professional baseball game since 2001, yet on July 1 of this year, the New York Mets paid him $1.19 million. And they will every July 1 until 2035, as part of a deferred contract that the Mets negotiated with Bonilla after the 1999 season. Instead of paying him $5.9 million that year, the Mets would owe Bonilla almost $30 million over the course of the deferred contract. How’d that happen? Watch the video above to find out.

Source: The Bobby Bonilla Retirement Plan: Quit Baseball In 2001, Get Paid Until 2035

Syndicated copies to:

How Uber Used Secret Greyball Tool to Deceive Authorities Worldwide | New York Times

How Uber Deceives the Authorities Worldwide by Mike Isaac (New York Times)(20 hours 58 minutes 57 seconds)
A program uses data Uber collected to evade law enforcement in cities that resist the ride-hailing service, some current and former Uber employees said.

Continue reading “How Uber Used Secret Greyball Tool to Deceive Authorities Worldwide | New York Times”

Syndicated copies to:

5 business books you should read this year | World Economic Forum

5 business books you should read this year by Verne Harnish (World Economic Forum)
Fortune round-up 5 business books to learn from.

Continue reading “5 business books you should read this year | World Economic Forum”

Syndicated copies to: