Alex Rodriguez Net Worth in 2024? Here’s What You Need to Know

Alex Rodriguez is an American former professional baseball player and television analyst who has a net worth of $350 million. Over his 22-year playing career, Rodriguez earned around $475 million in salary and bonuses from the Seattle Mariners, Texas Rangers, and New York Yankees. Since retiring, he has transitioned into business and media roles, co-founding A-Rod Corp and working as an analyst for Fox Sports and ESPN. Let’s take a closer look at Alex Rodriguez Net Worth in 2024.

Early Life and Career

Alexander Emmanuel Rodriguez was born on July 27, 1975 in New York City to Dominican immigrant parents. He grew up in Miami, Florida, where he excelled at baseball from a young age, winning numerous youth accolades. Though recruited by the University of Miami, Rodriguez opted to go pro after being drafted first overall by the Seattle Mariners in 1993 at age 17.

Rodriguez spent seven seasons with the Mariners, making his debut in 1994 and winning multiple Silver Slugger and Gold Glove awards. After signing a record 10-year, $252 million contract with the Texas Rangers in 2001, Rodriguez had several highly productive seasons but the team struggled. In 2004, he was traded to the New York Yankees and converted to third base.

As a Yankee, Rodriguez put up impressive offensive numbers, winning two MVP awards and a World Series ring in 2009, his final season playing for the team. However, his time in New York was marred by controversy over illegal performance-enhancing drug use, resulting in a season-long suspension in 2014. Hampered by injuries in later years, he played his final game on August 12, 2016 and officially retired in 2017.

Rodriguez finished his career with a .295 batting average, 696 home runs, over 2,000 RBIs, and over 3,000 hits. His 696 home runs rank fourth all-time in MLB history.

Career Earnings

In total, Rodriguez earned around $475 million in salary over his playing career. This includes $441 million in baseball salary from the Mariners, Rangers, and Yankees. His top annual salary was $33 million.

In addition, Rodriguez earned around $40 million from endorsements with companies like Nike, Rawlings, and Topps. While a substantial figure, his endorsement earnings were lower than contemporaries like Derek Jeter due to damage from his admission of PED use.

Rodriguez signed two record-breaking contracts during his career:

• In 2000 a 10-year, $252 million deal with the Texas Rangers more than double the previous record at the time.
• In 2007, a 10-year, $275 million contract with the Yankees surpassing his own record for richest sports contract.

Post-Career Ventures

Since retirement Rodriguez has transitioned into business and broadcasting roles. He co-founded A-Rod Corp a holding company making investments in real estate, construction, sports, and wellness sectors. He also works as an analyst for Fox Sports and ESPN’s Sunday Night Baseball.

Additionally Rodriguez owns part of the NBA’s Minnesota Timberwolves and is chairman and CEO of Presidente beer. Across his business ventures and media deals Rodriguez likely still earns tens of millions per year even in retirement.

Real Estate Portfolio

Known for his business acumen, Rodriguez has amassed an extensive real estate portfolio over the years. Here are some highlights

• In 2019, he sold his Hollywood Hills home for $4.4 million after buying it from Meryl Streep in 2014.
• He owns a large custom mansion in Coral Gables, Florida.
• With A-Rod Corp, Rodriguez has invested in numerous apartment buildings and condos in New York City.
• He previously co-owned luxury homes with ex-fiancée Jennifer Lopez in New York, California, and Miami. Their former 6,600 sqft Malibu beach house sold for $6.8 million in 2021 after an extensive redesign.

Controversies

Rodriguez’s career achievements and earnings have been marred by controversies, most notably related to the use of performance-enhancing drugs (PEDs).

In 2009, Rodriguez admitted to using PEDs while playing for the Texas Rangers from 2001-2003. Then in 2013, he became embroiled in the Biogenesis scandal for obtaining PEDs as a Yankee player. That year, MLB handed him a record 211-game suspension, later reduced to 162 games in 2014 after appeal.

The suspension cost Rodriguez his entire 2014 season salary of around $25 million. His reputation and marketability also took a major hit in the wake of the scandals.

Personal Life

Rodriguez has two children – Natasha and Ella – from his first marriage to Cynthia Scurtis, which ended in 2008. He then dated and got engaged to Jennifer Lopez in 2019, only for the high-profile couple to call it quits in 2021.

Despite past controversies, Rodriguez has worked to rehabilitate his image in recent years through broadcasting and business roles, philanthropy, and family life. Though his playing days are over, A-Rod remains one of the most famous and wealthiest former athletes in the world. I sincerely hope you like reading this “Alex Rodriguez Net Worth in 2024? Here’s What You Need to Know” article.