Alex Rodriguez, born in 1975 and nicknamed A-Rod, is a Dominican American retired baseball player who has an estimated net worth of $250 million as of the year 2021. After being cut from the Major League Baseball (MLB) by the Seattle Mariners, Rodriguez joined the Texas Rangers in 1994 and later transferred to the New York Yankees in 2004 where he would play until his retirement in 2016.
Alex Rodriguez was born on July 27, 1975, in New York City, to a Dominican father and Puerto Rican mother. His parents divorced when he was two years old. At age 12, he wrote his first check for $35 to purchase a catcher’s mitt. He would go on to play multiple sports while attending and graduating from Westminster Christian High School. After high school, A-Rod attended University of Miami on a baseball scholarship, leaving college early after being drafted by Texas Rangers as third overall pick in 1996 Major League Baseball Draft. He made his MLB debut at age 19 with Rangers before being traded to Seattle Mariners six months later.
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Baseball Career Overview
Alex Rodriguez is an American professional baseball player that has a net worth of $105 million. He is nicknamed A-Rod and he has played for teams such as The Seattle Mariners, Texas Rangers, and New York Yankees. This will be his 14th season playing with The Yankees. His career earnings are estimated to be $440 million, making him one of only five athletes in history to earn over $400 million through salary alone. He made most of his earnings during his time on The Rangers (2001-2003) and The Yankees (2004-2013).
The merchandise sales for his baseball career are approximately $380 million, of which $210.8 million came from sports-related merchandising and non-baseball related merchandising royalties. That number will continue to increase as long as he remains an active player. The list of companies that signed licensing deals with him includes Adidas, Wilson Sporting Goods Co., Rawlings Sporting Goods Co., Upper Deck Company, Topps Company Inc., JP Morgan Chase & Co., and others. Estimated Sales: $40 Million per year
As is typical of any athlete who has been playing for a long time, Alex Rodriguez has made a number of investments that help him shore up his future income. In particular, Alex Rodriguez owns real estate around Florida and New York, including condos in Miami Beach and on Fisher Island. Alex also owns restaurants through partnerships with Derek Jeter’s and Michael Jordan’s companies. Of course, without an active contract that pays millions per year to play baseball — which he does not have as of 2016 — these other revenue streams will be extremely important to Alex Rodriguez’s financial health.
Alex Rodriguez Net Worth in 2018
$180 Million It’s safe to say that Alex Rodriguez is one of those people who have nothing but time on their hands these days. The former NY Yankees 3rd baseman has officially announced his retirement from baseball, ending his 20-year career. His career earnings are estimated at $482 million thanks to enormous contracts with NY Yankees and Texas Rangers, as well as several endorsement deals over time. He also has stakes in multiple businesses, including a new Miami hotel called Broken Shaker. This marks a remarkable fall for A-Rod who used to be considered one of best hitters ever. At his prime, he was raking in around $27 million per year from contracts alone and there were rumors that he was looking for an even more lucrative deal before retiring.
Other Sources of Income
Baseball isn’t exactly known for its money. The median salary is $4,000 a month—that’s not just for rookies but players at every level of development and competition. That means it’s important to think outside of playing ball when you start thinking about how to maintain your standard of living once your days on top are over. As an athlete, Alex Rodriguez has many sources of income outside of his MLB contract; he has endorsement deals with Nike and Gatorade, has appeared on reality TV shows like Dancing With The Stars, as well as Shark Tank. He is also currently writing a book about his entire career.
Last Updated on December 25, 2021
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.