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Chris Bosh has been receiving $434k every fortnight for the last six years from the Miami Heat
Home>NBA
Published 00:36 3 Nov 2022 GMT

Chris Bosh has been receiving $434k every fortnight for the last six years from the Miami Heat

The 120 instalments over the last six years add up to a whopping $52 million.

Max Sherry

Max Sherry

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Chris Bosh may have been retired for some time now, but that doesn't mean he isn't still raking in the cash.

Yesterday, the two-time NBA champion received his final post-retirement payments from his Miami Heat contract – and it's safe to say he's rolling in it.

Alamy

Incredibly, Bosh has been receiving nearly half-a-million dollars every two weeks from the Heat, despite retiring nearly six years ago.

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After finally calling time on his legendary career back in 2017, Bosh was still owed a huge sum of money as part of his contract agreement.

So to fulfil that, the Heat have been coughing up $434,393 every fortnight for well over half-a-decade.

But those payments came to an end yesterday with the last of his 120 instalments cashed out in full.

Combined, Miami has paid Bosh a whopping $52 million in total – despite the NBA Hall of Famer not even stepping foot onto the court since 2016.

A Bobby Bonilla-type deal ends: Former Miami Heat standout Chris Bosh will be paid the last of his 120, twice-monthly, $434,393 installments that started being paid to him Nov. 15, 2017 and are scheduled to end today, Nov. 1, 2022. Bosh last played in the ‘15-‘16 season. pic.twitter.com/S26vgqn6T0

— Adam Schefter (@AdamSchefter) November 1, 2022

Bosh's tale has some serious similarities to that of Bobby Bonilla.

MLB side the New York Mets have paid Bonilla $1.19 million every year since July of 2011 – and they will continue to put that money in his back pocket until 2035 too.

It all stems from a decision from the Mets to buy out the remaining $5.9 million on Bonilla’s contract back in 2000, which they ultimately deferred, meaning he's instead get payments of $1.2 million for 25 years starting in 2011.

Featured Image Credit: Alamy

Topics: Australia, NBA, Basketball, US Sports

Max Sherry
Max Sherry

Max Sherry is a journalist for SPORTbible Australia. After migrating Down Under from London as a teenager, he instantly fell in love with Aussie sport and its culture. From NRL to AFL, cricket to rugby — you name it, Max watches it (with a beer in hand, of course). During his time at Fox Sports, he worked in the football department covering the Premier League, A-League, Socceroos and Matildas. Born a stone's throw away from West Ham's training ground, Max is obviously a die-hard Liverpool fan.

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@maxysherry

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