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The contract was set up as an annuity and if Young had funded the annuity, he would've been getting $1 million check in 2014. That number would have gone up until the final year of the deal in 2027 when Young would have collected a check worth $3.173 million. Unfortunately, Young didn't fund the annuity.
"We never funded the annuity. The owner was so crazy, it had to stay in his name for 45 years," Young said. "So they gave me the option to take the money, which I think was $1 million bucks or $900,000 to fund the annuity -- either take that money or fund the annuity -- I just took the money. The whole idea of the annuity is false advertising."
The USFL eventually went bankrupt, but not before Young collected a few million dollars.
But more importantly to the Mets, if they invested the $5.9 million at 8% interest in 2000.
This article assumes the Mets made 8% returns in a market that averaged 2% since 2000. Yeah, Bonilla could have taken that 5.9 million and put it in the market in 2000 as the Nasdaq began crashing from it's all-time high.
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