TheReff
Rod Griffin
- Joined
- May 15, 2011
- Messages
- 6,560
- Reaction score
- 611
Every July 1, Bobby Bo gets his $1.19 million check from the Mets. Until the year 2035!!!
All because of an ill thought out buyout of his $5.9 mill contract in the year 2000. Instead of taking the cash up front, Bobby Bo wisely thought of taking $30 mill spread out from 2011 to 2035.(at 8% interest no less)
The Mets “thought” they were poised to make much more thru Bernie Madoff’s ponzi scheme.
All because of an ill thought out buyout of his $5.9 mill contract in the year 2000. Instead of taking the cash up front, Bobby Bo wisely thought of taking $30 mill spread out from 2011 to 2035.(at 8% interest no less)
The Mets “thought” they were poised to make much more thru Bernie Madoff’s ponzi scheme.