Alex Rodriguez Net Worth (Money & Salary)

What is the net worth and salary of Alex Rodriguez?

With a net worth estimated at $350 million, Alex Rodriguez is a renowned American former professional baseball player and television analyst. He is best recognized for his significant contributions to the New York Yankees, where he played from 2004 until his retirement in 2017, despite having also played for the Seattle Mariners and Texas Rangers. Over his illustrious career, Alex amassed approximately $475 million in total MLB salary along with an additional $100-200 million through endorsements, and he continues to earn substantial income post-retirement.

A-Rod, known for his proven business skills, established A-Rod Corp, a holding company that has made significant investments across real estate, construction, and various startups. His entrepreneurial ventures reflect his capability to explore a variety of avenues beyond the realm of baseball, demonstrating both adaptability and success.

Beyond the business landscape, Rodriguez has carved a niche for himself in media and entertainment. He has served as a commentator for Fox Sports and ESPN, providing insights and analysis during postseason games while also co-hosting the well-known program “Sunday Night Baseball.”

Career Earnings

In 2008, Alex Rodriguez inked a groundbreaking 10-year, $275 million contract with the Yankees, which at the time marked the largest contract in sports history. Remarkably, this was the second occasion Alex claimed the title of the largest contract; he had previously signed a 10-year, $252 million deal with the Texas Rangers in 2001. Both contracts are still listed among the 20 largest contracts in sports history. Ultimately, by the time of his retirement, Alex earned close to $475 million from salaries, bonuses, and endorsements.

Even after retiring, Alex has continued to make tens of millions of dollars annually. As of this moment, his total career earnings have surpassed a little over $650 million.

Early Life

Born on July 27, 1975, in the Washington Heights area of Manhattan, Alexander Emmanuel Rodriguez is the son of Dominican immigrants Victor and Lourdes. He has two half-siblings, Joe and Suzy, from his mother’s earlier marriage. At the age of four, the family relocated to the Dominican Republic before moving again to Miami, Florida. It was there that young Alex received a plastic bat and rubber ball from his father, prompting him to practice his swing at every opportunity. As he grew up in Miami, Alex played baseball with friends daily and subsequently joined a youth league baseball team, where the sport quickly became his passion. He became a member of the Boys and Girls Club, ultimately leading his team to a National title. Among his childhood heroes were Keith Hernandez, Dale Murphy, and…

Cal Ripken Jr. had a fondness for the New York Mets as his favorite team.

For his freshman year, Rodriguez enrolled at Christopher Columbus High School in Miami. Subsequently, he transferred to Westminster Christian School, where he excelled as a star shortstop on the baseball team and also played quarterback on the football team. In 100 baseball games during high school, he accumulated a batting average of .419 along with 90 stolen bases. His junior year saw Westminster clinching the high school national championship, while he earned the accolades of USA Baseball’s Junior Player of the Year and Gatorade’s National Baseball Student-athlete of the Year. In his senior year, he received first-team All-American honors. Even before his graduation, Alex was generating significant interest from Major League scouts, and in 1993, he made history as the first high school player to try out for the U.S. national baseball team.

Emerging from high school, Rodriguez was recognized as the country’s premier baseball prospect. He committed to playing baseball for the University of Miami (Florida) and was also recruited as a quarterback for the Hurricanes’ football squad. Nonetheless, he declined Miami’s scholarship offer and instead opted to sign with the Seattle Mariners after being selected in the first round of the 1993 amateur draft at the age of 17.

Career

In February 1994, Rodriguez reported to spring training. His debut as a starting shortstop came on July 8, 1994, making him just the third 18-year-old shortstop in baseball since 1900. During his time with the Mariners, Alex Rodriguez shattered numerous records and established himself as the team’s star player prior to transferring to the Texas Rangers in 2000. He played for the Rangers from 2001 to 2003, where he set several personal records despite the team finishing at the bottom of the AL Western division. Remarkably, A-Rod was honored as the league MVP while still playing for a last-place team.

Before the start of the 2004 season, Rodriguez was traded to the Yankees and shifted to third base since Derek Jeter already held the position of full-time shortstop. Throughout his tenure with the Yankees, he was awarded AL MVP titles in 2005 and 2007. In 2007, he also became the youngest player ever to hit 500 home runs. He was a key player in the Yankees’ 2009 World Series victory against the Philadelphia Phillies, marking the first year of the new Yankee Stadium and Rodriguez’s only World Series title. As his career progressed, he faced challenges due to hip and knee injuries, leading him to primarily play as a designated hitter. His last game in professional baseball took place on August 12, 2016, and he officially retired from baseball in 2017.

Across his career, Alex Rodriguez achieved a .295 batting average, hitting 696 home runs and driving in 2,086 runs over the course of 3,115 total hits.

Post-Baseball Career

Following his retirement from professional baseball, Rodriguez transitioned into a media career. He has taken on broadcasting responsibilities for Fox Sports 1, made appearances on Shark Tank, and has been part of the ABC News network. In January 2018, ESPN revealed that A-Rod would be joining the broadcast team for Sunday Night Baseball. He currently serves as the chairman and chief executive officer of A-Rod Corp, and is also the chairman of Presidente beer. Furthermore, Rodriguez is also…

part owner of the Minnesota Timberwolves.

Controversies

In a 2007 interview with Katie Couric on 60 Minutes, Rodriguez refuted allegations regarding the use of performance-enhancing drugs. However, in February 2009, he confessed to using steroids between 2001 and 2003 while playing for the Rangers. Rodriguez drew public attention again in 2013 when he clashed with team management concerning his rehabilitation from a hip injury and was accused of acquiring performance-enhancing drugs linked to the Biogenesis scandal in baseball. Subsequently, MLB suspended him for 211 games in August 2013 due to his involvement in the scandal, but he was permitted to continue playing while appealing the ruling. Had his original suspension been upheld, it would have marked the longest non-lifetime suspension in Major League Baseball history. Following an arbitration hearing, the suspension was shortened to 162 games, which resulted in him missing the entire 2014 season.

Personal Life

In 2002, Rodriguez tied the knot with Cynthia Scurtis, whom he met at a gym in Miami. Their first daughter, Natasha Alexander, arrived on November 18, 2004, followed by their second daughter, Ella Alexander, born on April 21, 2008. On July 7, 2008, Cynthia initiated divorce proceedings, citing emotional abandonment, extramarital affairs, and other instances of misconduct in their marriage. In response to the divorce filing, Rodriguez stated that their marriage was “irretrievably broken” and requested the dismissal of the allegations regarding his affairs from court documents.

Beginning his relationship with Jennifer Lopez in February 2017, A-Rod and JLo got engaged in March 2019. At the time, Jennifer’s net worth of $400 million exceeded Alex’s by $50 million. Together, they had a combined net worth of $750 million. Ultimately, the couple announced the end of their engagement in 2021.

Salary And Earnings Highlights

Throughout his career, Alex Rodriguez amassed $441 million solely from his baseball salaries. In contrast, his earnings from endorsements amounted to around $40 million, a figure considerably lower than many of his peers. For example, Derek Jeter retired in 2014 with total earnings of $400 million, of which approximately $130 million came from endorsements. Although A-Rod was once a prominent figure in endorsements, his most profitable contracts dwindled following the public revelation of his steroid use.

He was involved in signing several contracts that were regarded as among the largest in sports history. At

At his height, he received an impressive $33 million annually in salary. His contract with the Texas Rangers in 2000 became the largest in sports history at that time, totaling $252 million over a decade. This deal more than doubled the former record held by Kevin Garnett, whose NBA contract was worth $126 million.

In 2007, Rodriguez entered into a new contract with the Yankees, worth $275 million over ten years, solidifying his status with the most lucrative contract in the sport.

Real Estate

A-Rod sold his bachelor pad in Hollywood Hills in 2019 for $4.4 million; this four-bedroom, three-and-a-half bath residence spans 3,700 square feet. He purchased the property from Meryl Streep and Don Gummer back in 2014.

In Coral Gables, Florida, he owns a large, custom-built mansion.

Moreover, A-Rod invests in apartment buildings in New York City. His A-Rod Corp. collaborates with industry experts like Adam Modlin and Ofer Yardeni of Stonehenge NYC to acquire apartments and condos of various sizes throughout the metropolis.

Together with Jennifer Lopez in 2018, Alex co-acquired a Park Avenue condo for $15.3 million, which they sold for $15.75 million in 2020.

In 2019, they purchased Jeremy Piven’s Malibu mansion for $6.6 million and undertook a complete interior renovation with Joanna Gaines’ assistance. Less than two years later, they offloaded the home for $6.8 million.

In July 2020, A-Rod and J-Lo acquired a home in Encino, California, for $1.4 million.

In August 2020, the couple paid $32.5 million for a mansion situated on 1 acre of Star Island in Miami. Following the cancellation of their engagement, they have not yet listed the property for sale. Rodriguez also bought the adjacent lot for $18.5 million in 2022.

In April 2021, A-Rod acquired a Miami residence for $5.5 million and later sold it in December for $6.3 million.