“Bobby Bonilla Day” refers to the annual payment schedule tied to a deferred contract deal between the New York Mets and former player Bobby Bonilla. Multiple outlets say the Mets make a payment of $1.19 million (about $1.2 million) each year on July 1. The payments began after the original agreement was structured in 1999, with the Mets deferring compensation while Bonilla received a long-term payout later. Sources also state the total agreement is set to keep paying Bonilla through 2035, meaning the yearly July 1 checks continue for decades rather than being paid immediately. One report notes the arrangement is now in its 16th year, highlighting how the schedule has persisted far beyond Bonilla’s playing career and is now a recurring sports trivia event. Overall, the coverage frames the day as a widely discussed example of deferred money in professional sports, centered on the Mets’ ongoing July 1 payment to Bonilla.