42 Years Old Player Alex Rodriguez's Salary From His Club: How Much Is His Net Worth?

Jon Snow
Mon Apr,2018
42 Years Old Player Alex Rodriguez's Salary From His Club: How Much Is His Net Worth? Baseball

Alex Rodriguez, the former baseball shortstop and baseman, currently famed for his relationship with actress girlfriend Jennifer Lopez, is also known for his massive MLB contract and net worth. 42-year-old Rodriguez with his 22 MLB seasons is reported to have accumulated the total career earnings of $440.15 million.

At present, Rodriguez is associated with sports media, serves as a broadcaster for Fox Sports 1,  cast member of Shark Tank and is on the broadcast team of Sunday Night Baseball.

Besides his career earnings, Alex Rodriguez, the father of 2 daughters with his ex-wife Cynthia Scurtis, is also a businessman swimming in the pool of million dollars. Currently, Rodriguez is estimated to be enjoying the monstrous net worth of $300 million.

Net Worth of Alex Rodriguez

Since his career debut in 1994, Rodriguez has played for 3 teams. He has played for teams like Seattle Mariners (1994–2000), Texas Rangers (2001–2003) and New York Yankees (2004–2013, 2015–2016). 

Rodriguez, considered as one of the MLB legends, is a 14-time All-Star and has won 3  American League MVP Awards,  10 Silver Slugger Awards, and 2 Gold Glove Awards.

Famed for his MLB's highest 10-year contract worth $252 million and another 10-years $275 million contracts, Alex is reported to be enjoying the net worth of $300 million as per the Celebrity Net Worth.

His earnings from his construction company Newport Property Construction in Florida cannot be unnoticed. And furthermore, formerly the owner of Mercedes-Benz dealership in League City, Texas, Rodriguez has makes bundles of dollars alongside his endorsements deals too.

Career Contract and Salary of Alex Rodriguez

Alex Rodriguez initially played as an amateur for the Seattle Mariners turning down Miami's baseball scholarship offer to play college baseball. Then, after being the first overall selection of the 1993 Major League Baseball draft, he signed with Seattle Mariners on a 3-year contract worth $1.3 million, and a $1 million signing bonus.

CAPTION: Alex Rodriguez while playing for the Seattle Mariners SOURCE: Baseball Brains

And on August 1, 1993, Rodriguez signed a 4-year deal worth $10.7 million with Mariners. His highest salary with the team in the 2000 season, which was $4.362 million.

Let's see his salary earned with the Seattle Mariners.

Year Salary
1994 $109,000
1995 $109,000
1996 $109,000
1997 $1,062,500
1998 $2,126,200
1999 $3,112,500
2000 $4,362,500

As the free agent after the 2000 season, Alex signed with Texas Rangers on December 11, 2000, for a then-MLB's highest contract worth $252 million for 10 years. However, after playing 3 seasons with the Rangers for the salary of $18 million, $17 million and $16 million respectively, he was traded to New York Yankees on February 16, 2004.

The Rangers agreed on to pay $67 million of the $179 million left on Rodriguez's contract later.

And again with the Yankees, Rodriguez broke his own record as he signed the record-breaking 10-year contract worth $275 million on December 13, 2007. However, later, the record was broken with a 13 year $325 million contract of Giancarlo Stanton with Miami Marlins on November 17, 2014.

CAPTION: Former New York Yankees Alex Rodriguez SOURCE: Business Insider UK

Well, his career got a huge disturbance after he was suspended for 162 games, forfeiting $22,131,147 for his use of & affiliation with PEDs on January 11, 2014. He earned the salary of $2.68 million in that season.

And on August 13, 2016, Rodriguez was released by the New York Yankees. 

Let's see his salary earned from the New York Yankees.

Year Salary Bonus
2004 $16,000,000 $100,000 (Incentives)
2005 $20,000,000 $1.2 million (Incentives)
2006 $21,000,000 $100,000 (Incentives)
2007 $23,000,000 $1.7 million (Incentives)
2008 $27,000,000 $2 million (Signing Bonus)
2009 $32,000,000 $1 million (Signing Bonus)
2010 $32,000,000 $1 million (Signing Bonus)
2011 $31,000,000 $1 million (Signing Bonus)
2012 $29,000,000 $1 million (Signing Bonus)
2013 $28,000,000 $1 million (Signing Bonus)
2014 $2,868,852 $3 million (Signing Bonus)
2015 $21,000,000 -
2016 $20,000,000 -

As reported, his total career earnings with his 22 MLB seasons is reported to be $440,159,552, more than $100 millon than that of Derek Jeter.

Well, the detail of Alex Rodriguez's endorsement is not disclosed, but his off-field earnings with Nike, Rawlings, Topps and Vita Coco as of 2014 were reported to be $300,000.

House, Cars and Private Jet of Alex Rodriguez

Well, Alex seems to be really interested in real estate business. Reportedly, he owns a house in Miami, Florida, without a disclosed purchase detail.

Back in 2010, he bought a $7.4 million piece of land in Miami using his own construction company. He then spent millions more building a "20,000-square-foot modern, minimalistic home. And a year later, the mansion for $30 million in 2013.

CAPTION: Alex Rodriguez's former Miami house SOURCE: Professional Athlete Home

Then that year, he also purchased a Miami beach condo in June 2013, for $2.69 million. However, less than a year later, he sold it for $2.6 million. Also in 2015, Rodriguez bought Meryl Streep’s house in Hollywood Hills for $4.8 million. 

With his girlfriend Jennifer Lopez, Rodriguez bought a Manhattan, New York condo for $15,316,715 in March 2018. The 4,033 square feet property featuring 3 bedrooms and 4.5 bathrooms was bought on the discounted $2.2 million on the asking price of $17.5 million.

CAPTION: Alex Rodriguez and Jennifer Lopez's new condo in Manhattan SOURCE: Realtor

And talking about his cars, Alex Rodriguez reportedly owns a Porsche 911 Convertible, Maybach 57s, and a Ferrari 575 Maranello.

Well, in 2004, he became a partial owner of a Mercedes-Benz car dealership in League City, Texas but in 2014, Group 1 Automotive bought the dealership and changed the name to Mercedes-Benz of Clear Lake.

CAPTION: Rodriguez's former Mercedes dealership SOURCE: Business Insider

Well, Alex Rodriguez reportedly owns a Gulfstream IV aircraft which is valued at $40 million. As per recent TMZ reports, he now owns a new private jet with doubled the flight mileage capacity than the previous one and the  A-Rod Corp logo on the tail.

Probably, it's not the end of his property empire extension. 

Alex Rodriguez's is A fan of Arts

The big fan of Arts, Rodriguez really seem to be a big fan of arts and has a collection which includes pieces by Andy Warhol, Jean-Michel Basquiat, and Nate Lowman. Reportedly, his Nate Lowman painting is worth $140,000. 

Rodriguez's Investments

Talking about his investments, Rodriguez reportedly owns Newport Property Construction, a company based in Florida. Also, invested in the Mexican gym franchise Energy Fitness.

CAPTION: Rodriguez inaugurates Mexican gym franchise Energy Fitn SOURCE: Business Insider

Besides his investments in companies, Alex Rodriguez likes to invest his property to the people close to him. Once in a shopping with his niece and then-girlfriend Torrie Wilson, he reportedly invested in a New York boutique.

Also since 2004, he has bought every rookie on his former team three suits each.

Generous Alex Rodriguez's Is Also A Financial Planner

Actively working in the charitable works, Rodriguez in 2003, gave $3.9 million to the University of Miami to renovate its baseball stadium and the new facility was renamed Alex Rodriguez Park at Mark Light Field.

Also, Rodriguez appeared in the CNBC's Back in the Game in 2018, where he expressed the plans for the financial management to the almost broke former NBA player Joe Smith. He reportedly earned $61 million in his career, however, after taxes, agent fees, and management fees, Smith actually took home about $18 million but now owes $157,000 debt. Almost broke!

Reportedly, Smith and his fiancée Kisha Chavis are bringing home a combined $26,000 a year from various gigs, including Smith's private coaching lessons. He will be soon paired with Smith, a mentor to athletes in an hourlong program which will help him maintain his bank balance. 

And as per Rodriguez, if the couple sticks to their new plan, they can easily pay off 30 percent of their $157,000 of debt each year and will be debt free in just over 3 years.

Stay tuned for more.