Only reason this story even exists is because of financially unsophisticated people piling on the “same old Mets” for what they believe was an insanely stupid deal. The fact that this becomes a huge story every year is a testament to the degree of financial illiteracy in the country.
They basically gave him an annuity. The same thing state lotteries give you if you hit Powerball or a Vegas casino does if you are lucky enough to hit a massive slot machine. Or a structured settlement in a catastrophic injury law suit. It’s almost like there’s some advantage somewhere to holding on to the money you owe someone.
Last edited by Snapolit1; 07-03-2022 at 07:23 AM.
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