Fun fact -> They offered this because they were getting such good returns (greater than 8%) through Bernie Madoff, and figured they could just pay off the contract interest through that
The Bernie Madoff connection is, by far, the most interesting part about the Bobby Bonilla salary deferral contract. Its truly a shame TFA didn't mention it.
https://www.marketwatch.com/story/the-mets-are-paying-bobby-...