Alex Rodriguez is an American baseball player who played for the Seattle Mariners and Texas Rangers. However, he is known for his time with the New York Yankees. Also, he is a television analyst. Do you wonder about his net worth? Here, we are going to reveal about it together with the other information about him including early life and career.
Alex Rodriguez Net Worth
Alex Rodriguez has net worth of $350 million. During his career, $441 million could be earned by him in baseball salary alone. From endorsements, he only could earn about $40 million. It is less than some of his contemporaries. Let’s compare. Derek Jeter in 2014 retired with $400 million in total earnings from salary and endorsements. From the $400 million, around $130 million was from endorsements for Derek.
At one time Rod was an endorsement king. However, after his admission about his steroid usage, his most lucrative contract dried up.
Several contract were signed by him which were at that time the biggest in the history of sports. He could earn $33 million each year in salary at his peak. He made a contract in 2000 with the Texas Rangers and at that time, it was the biggest in sports history. The contract was worth $252 million for 10 years.
In 2007, Rodriguez signed a new contract for 10 years with Yankees for $275 million. It extended his record for the sport’s most lucrative contract.
Early Life of Alex Rodriguez
The real name of this American former professional baseball player is Alexander Emmanuel Rodriguez and his nickname is A-Rod. He was born on July 27th, 1975 in the Washington Heights section of Manhattan. His parents are Victor and Lourdes who were Dominican immigrants. Joe and Suzy are Alex’s half siblings from his mother’s first marriage.
When Alex was 4 years old, the family decided to move to the Dominican Republic and then to Miami, Florida. When Alex was a boy, he was given a plastic bat and rubber ball by his father. When he had chance, he would practice his swing. When he lived in Miami, he played baseball together with his friends every day until he was able to be a part of a youth league baseball team. And then soon, baseball became the whole life of Alex.
He joined the Boys and Girls Club. There he led his team to a National title. He became a student of Miami’s Christoper Columbus High School for his freshman year. Then, he moved to Westminster Christian School. There, he was a star shortstop on the baseball team. Also, he played quarterback on the football team. He batted .419 with 90 stolen bases in 100 high school baseball games. Westminster became the winner of the high school national championship during his junior year and he became USA Baseball’s Junior Player of the Year and Gatorade’s national baseball student-athlete of the year.
He was first team All-American as a senior. Before he graduated, he attracted a lot of attention from Major League scouts. Then, he was the first high school player to ever try out for the US national baseball team in 1993.
After he graduated from high school, he became the top baseball prospect in the country. He gave a sign on a letter of intent to play baseball for the University of Miami (Florida). Also, he was recruited to play quarterback for the Hurricanes’ football team. He denied the Miami’s scholarship and he decided to choose to sign with the Seattle Mariners. He did it after he was chosen in the first round of the 1993 amateur draft. At that time, he was 17 years old.
Career of Alex Rodriguez
There was a report that in February 1994, Alex did spring training. On July 8th, 1994, he started his debut as shortstop. He was 18 years old at that time. Alex could break a lot of records and became the star player when with the Mariners. He did it before he left the team in 2000 for the Texas Rangers.
From 2001 to 2003, Alex played for the Rangers. Here, he set a lot of personal records despite the Rangers finishing last the AL Western division. He was the league MVP when he was still playing on a last place team.
He was traded to the Yankees and converted to a third baseman since Derek Jeter was already the full-time shortstop for the team. It happened before the 2004 season. During the career of Alex with the Yankees, he was named AL MVP in 2005 and 2007. He was the youngest player ever who could hit 500 home runs and it reached the milestone in 2007. Alex was part of the Yankees’ 2009 World Series championship over the Philadelphia Phillies. It was the first year of the new Yankee Stadium and Alex’s only world title.
Before the end of his career, Alex was hampered by hip and knee injuries. It caused him to be exclusively a designated hitter. On August 12, 2016, he played his final game in professional baseball. And then, in 2007, Alex Rodriguez officially retired from playing baseball.
After he retired from baseball, he became a media personality. For Fox Sports, he has been a broadcaster. He also made an appearance on Shark Tank and he was a member of the ABC News network. In January 2018, ESPN made an announcement that Alex Rodriguez would join the broadcast team of Sunday Night Baseball.
Real Estate of Alex Rodriguez
Alex sold his Hollywood Hills bachelor pad which was a 3,700 square foot, four bedrooms, three and a half bath home for $4.4 million. He did it in 2019. He has a custom-built large mansion in Coral Gables, Florida.
Alex invests in New York apartment buildings. His A-Rod Corp. has cooperated with brokerage expert Adam Modlin and Stonehenge NYC real estate investor and operator Ofer Yardeni to buy apartments and condos.
Alex and Jennifer Lopez bought a condo on Park Avenue in 2018 and the price was $15.3 million. In 2020, they sold it for $15.75 million.
In 2019, they purchased Malibu mansion of Jeremy Piven for $6.6 million. Less than two years later, the home was sold for $6.8 million. He and J-Lo paid $1.4 million for a home in Encino, California in July 2020. Then, in August in the same year, they paid $32.5 million for a mansion on Miami’s Star Island.