(07-02-2020 11:09 AM)Seahawkhoops Wrote:  Crazy to me they were so concerned about deferring 5.5 mil

Whichever side wanted to get the better end of that deal would have to make a guess as to how much compounding interest could be achieved on that money. Sure, if the Mets were taking that money and racking up 8-10 % interest, they'd have made out on the better side of things there. But you obviously can't count on that.

And instead, they made poor investments with Bernie Madoff, demonstrating they really didn't know what they were doing with their money for the most part.

Deferred payments happen a lot in business. But the Mets' awful money management made this one stand out as exceedingly dumb. Meanwhile, from everything I've read, Bonilla manages his money well.