Alex Rodriguez Net Worth
Alex Rodriguez has an estimated net worth of $350 million. American baseball superstar Alex Rodriguez won three MVP awards and hit nearly 700 home runs over his 22-year career, but saw his reputation tainted through his link to performance-enhancing drugs. He earns most of his income from his career as a baseball player and actor.
Alex Rodriguez made his Major League Baseball debut at the age of 18 with the Seattle Mariners. He was a home run champ and a three-time MVP during his time with the Texas Rangers and New York Yankees, and he was blessed with tremendous all-around ability. He was also chastised for his struggles in the postseason and was suspended for the entire 2014 season for using performance-enhancing drugs. Before embarking on a broadcasting career, Rodriguez played his final game in August 2016, finishing among the all-time leaders in home runs, RBIs, and runs scored.
To calculate the net worth of Alex Rodriguez, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$350 Million|
|Monthly Salary:||$2 Million|
|Annual Income:||$33 Million|
|Source of Wealth:||Baseball player, Actor, Athlete|
Alexander Emmanuel Rodriguez was born in New York City on July 27, 1975, as the youngest of Victor Rodriguez and Lourdes Navarro’s three children. Baseball was a big part of Rodriguez’s life from a young age. His father was a former professional catcher in the Dominican Republic and a die-hard New York Mets fan.
“I saw how enthusiastic he was about the game,” Rodriguez once said. “He paid close attention to it. That had an effect on me.”
Rodriguez moved to the Dominican Republic with his family when he was four years old, where he began playing baseball. When he was in fifth grade, the Rodriguez family was on the move again, this time to Miami. Soon after, Victor and Lourdes divorced, leaving Rodriguez’s mother to raise the family alone.
Rodriguez was a gifted football player in high school, playing quarterback at Westminster Christian School, a small private school in Miami. Rodriguez was an even bigger star on the baseball field. In his junior year, he hit.477 and stole 42 bases in 35 games, leading the school to the state championship in 1992. Rodriguez had decided to focus solely on baseball by his senior year, and scouts flocked to the school’s ball field to watch the 6-foot-3, 195-pound shortstop play.
Rodriguez had already committed to the University of Miami, but when the Seattle Mariners selected him first overall in Major League Baseball’s amateur draft in 1993, he signed a three-year, $1.3 million contract.
Major League Stardom
Rodriguez rose quickly through the Seattle organization, and he made his Major League debut in 1994, just a few weeks before his 19th birthday. He only had 54 at-bats that year and 142 the following year, but by 1996, Rodriquez, as he quickly became known, was a legitimate star. That year, he batted.358, hit 36 home runs, and drove in 123 runs to finish second in the MVP voting. Over the next decade, Rodriguez established himself as one of baseball’s best all-around players, putting up gaudy numbers that cemented his place as one of the game’s all-time greats.
Rodriguez signed the most lucrative contract in baseball history with the Texas Rangers in 2001, a 10-year, $252 million deal. He arguably proved he was worth every penny by leading the American League in home runs for three years in a row and winning the MVP award in 2003, but the team around him never took off as he had hoped. Following the 2003 season, he was traded to the New York Yankees, even agreeing to play third base so that the team’s popular shortstop, Derek Jeter, could remain.
Rodriguez continued to put up big numbers in New York. In 2005, he won another MVP award after hitting.321 with 48 home runs, and in 2007, he delivered a monster season for the ages, leading the Majors with 54 home runs, 156 RBIs, and 143 runs to win his third MVP award. That same year, on August 4, at the age of 32, he became the youngest player in baseball history to hit 500 career home runs.
Despite his talent, Rodriguez struggled to win over the tough New York fans, and was even chastised by teammates. His reputation suffered before the start of the 2009 season when he admitted to using steroids earlier in his career, casting doubt on the veracity of his statistics.
For years, he was also plagued by a failure to deliver big in the postseason. On that front, at least, Rodriguez silenced some of his detractors in 2009, when his bat caught fire and he slugged the Yankees to a World Series victory.
His personal life became the stuff of tabloids away from the field. After years of rumors about Rodriguez’s infidelity, his wife, Cynthia, divorced him in 2008, allegedly after he had an affair with Madonna.
Legacy in Question
Rodriguez appeared to be one of the most productive offensive players in baseball history. He became the seventh player in MLB history to hit 600 career home runs in 2010. He tied Yankee legend Lou Gehrig’s record of 23rd grand slams two years later, in June 2012, en route to a total of 25.
Rodriguez, on the other hand, came under fire in early 2013. He was already on the disabled list following hip surgery when he was accused of using performance-enhancing drugs. These allegations were made public in a late January article in the New Miami Times. According to the news report, Rodriguez was connected to a Florida clinic run by Dr. Anthony “Tony” Bosch, who allegedly supplied banned substances to Rodriguez and several other athletes.
Rodriguez’s days with the New York Yankees appeared to be numbered after the performance-enhancing drug story broke. According to ESPN and the New York Daily News, the Yankees were looking for a way to get out of their contract with Rodriguez.
Despite his denials, ongoing investigations painted a bleak picture of Rodriquez’s future, with reports surfacing that MLB had proof of his transactions with Bosch.
In advance of the announcement, Rodriguez’s representatives attempted to reach an agreement with Major League Baseball to avoid a lifetime ban.
Suspension and Continued Controversy
Rodriguez received the news he had been dreading on August 5, 2013: Bud Selig, the league’s commissioner, announced in a statement that Rodriguez would be suspended for 211 games without pay, which would cover the rest of the 2013 season as well as the entire 2014 season. Rodriguez appealed his suspension on August 7 — he was permitted to play while the suspension was being appealed — with the arbitration hearing set for September 30.
Rodriguez filed two lawsuits concerning his athletic career shortly after launching his appeal. On October 3, 2013, he sued MLB and Selig, alleging that they “engaged in tortious and egregious conduct with one and only one goal… to destroy Alex Rodriguez’s reputation and career.” Rodriguez also filed a medical malpractice lawsuit the next day against Dr. Christopher Ahmad, the Yankees’ team physician, and the New York Presbyterian Hospital.
On January 11, 2014, MLB arbitrator Fredric Horowitz ruled that Rodriguez would be suspended for the 2014 regular season, for a total of 162 games. In response, Rodriguez filed yet another lawsuit against Horowitz and the players union, requesting that his suspension be overturned. Rodriguez claimed that Horowitz “refused to entertain evidence that was relevant and material to the outcome of the arbitration” and that the union failed to fulfill its “duty of fair representation.”
In an additional twist to the case, The Miami Herald reported in early November 2014 that Rodriguez had admitted to federal agents that he had used performance-enhancing drugs from 2010 to 2012, after being granted immunity from prosecutors during a drug investigation. However, the battered star’s suspension had already been served, and he was attempting to mend fences with both the new MLB commissioner, Rob Manfred, and his employers in the Yankees organization.
End of a Storied Career
During the 2015 Spring Training season, Rodriguez’s return to the Yankees dominated much of the media coverage, but the focus eventually shifted to his revitalized form. On May 7, Rodriguez hit his 661st career home run, passing Willie Mays for fourth all-time.
More milestones followed, as he became only the second player in history to have 2,000 career RBIs and the 29th to have 3,000 hits. Despite slowing down in the final two months of the season, he finished the season with 33 home runs and 86 RBIs, his highest totals in years.
The stumble to the finish line, however, proved to be a portent of things to come, as Rodriguez never recovered during the 2016 season. With his numbers dwindling and the Yankees favoring younger players, many speculated that he would be released. The answer came on August 7, when Rodriguez announced that he would play his final game as a player on August 12, after which he would be released and transition into his new role as a special adviser to the team.
Rodriguez donned the Yankee pinstripes for the final time as a player on August 12, contributing an RBI double in the first inning to help his team win. While he never reached the record-breaking heights that seemed attainable at the time, the slugger finished with numbers that rank among the best ever in a number of categories, including home runs (696), RBIs (2,086), hits (3,115), and runs scored (3,115). (2,021). In addition to his three MVP awards, he received two Gold Gloves for his fielding abilities and was selected for 14 All-Star Games.
Rodriguez retired from baseball to become an analyst for Fox Sports and ESPN, where he was praised for his insight and ability to relate his extensive baseball knowledge to viewers.
In 2002, Rodriguez married Cynthia Scurtis. Natasha (born in 2004) and Ella are their two children (born 2008). In 2008, the couple divorced. Rodriguez is said to have dated a number of celebrities, including Kate Hudson and Cameron Diaz.
Rodriquez and Jennifer Lopez began dating in early 2017, and they announced their engagement in March 2019. In April 2021, they announced their separation.
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