Every July 1, from 2011 to 2035, the Mets make the payment as part of deferring the $5.9 million the Mets owed him from the 2000 season, a year in which he didn't play for the team, because they released him in January.
As noted last year, Bonilla's agent worked out a deal that deferred payment (with an 8 percent annual interest rate).
There are 18 more payments due to Bonilla through 2035.
When all the payments are made, Bonilla will have turned that $5.9 million into $29.8 million.
Bonilla also has deferred money that is being paid by the Mets and the Baltimore Orioles, who took Bonilla for the final year and a half (1995 and 1996) of his first Mets contract, a five-year deal signed in December 1991 for $29 million.