Hank Aaron Net Worth at Death – Salary, Income, Earnings

Hank Aaron Net Worth 

Hank Aaron had an estimated net worth of $25 million at his death. Baseball legend Hank Aaron broke Babe Ruth’s hallowed mark of 714 home runs and finished his career with numerous big league records. He earned most of his income from his career as a baseball player and brand endorsements. 

Hank Aaron rose through the ranks of the Negro Leagues to become a Major League Baseball icon after being born into humble circumstances in Mobile, Alabama. He spent the majority of his 23-year career as an outfielder for the Milwaukee Brewers and Atlanta Braves, where he set numerous records, including a career total of 755 home runs. Aaron was inducted into the Baseball Hall of Fame in 1982, and the Hank Aaron Award was established in 1999 to honor the top hitter in each league.

To calculate the net worth of Hank Aaron, 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:

Name: Hank Aaron
Net Worth: $25 Million
Monthly Salary: $200 Thousand
Annual Income: $3 Million
Source of Wealth: Baseball player

Early Life

Hank Aaron was born Henry Louis Aaron on February 5, 1934, in a poor Black section of Mobile, Alabama, known as “Down the Bay.” He was the third of eight children born to Estella and Herbert Aaron, who worked as tavern owners and dry dock boilermakers’ assistants.

When Aaron was eight years old, his family relocated to the middle-class Toulminville neighborhood. Aaron developed a strong interest in baseball and football at a young age and tended to prioritize sports over academics. He attended Central High School, a segregated high school in Mobile, during his freshman and sophomore years, where he excelled at both football and baseball. He played shortstop and third base on the baseball field.

Aaron transferred to the Josephine Allen Institute, a nearby private school with an organized baseball program, in his junior year.

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Negro and Minor Leagues

Aaron, then 18, dropped out of school in late 1951 to play for the Negro American League’s Indianapolis Clowns. It wasn’t a long stint, but the talented teenager made an impression by hitting.366 and leading his team to the league’s 1952 World Series victory. He would also be the last player to play in both the Negro Leagues and the Major Leagues.

Aaron signed for $10,000 with the Milwaukee Braves and was assigned to one of the organization’s farm clubs, the Class C Eau Claire Bears. He did not disappoint, earning Rookie of the Year honors in the Northern League in 1952. Aaron was promoted to the Class A Jacksonville Braves in 1953 and continued to annihilate pitchers with 208 hits, 22 home runs, and a.362 average.

Major League Career

Aaron debuted in the Major Leagues at the age of 20 in 1954, when a spring training injury to another Milwaukee Braves outfielder opened up a roster spot for him. Following a solid first year (he hit.280 with 13 home runs), Aaron dominated the 1955 season with a combination of power (27 home runs), run production (106 RBIs), and average (.328) that would come to define his long career.

Following his first batting title in 1956, Aaron had an outstanding 1957 season, winning the National League MVP and nearly completing the Triple Crown by hitting 44 home runs, driving in another 132, and batting.322.

That same year, Aaron proved his ability to deliver big when it mattered most. His 11th-inning home run in late September propelled the Braves to the World Series, where he led the underdog Milwaukee Brewers to a seven-game victory over the New York Yankees.

Aaron’s annual salary in 1959 was around $30,000. The game was still years away from multimillion-dollar contracts for star players. When he equaled that amount in endorsements the following year, Aaron realized there could be more in store for him if he continued to hit for power. “I noticed that there was never a show called ‘Singles Derby,'” he once said.

Of course, he was correct, and over the next decade and a half, the always-fit Aaron hit 30 to 40 home runs per year. Aaron was still a force in 1973, at the age of 39, clubbing 40 home runs to finish the year with a career total of 713, just one behind Babe Ruth.

Aaron returned home with his team in 1974, after tying Ruth on Opening Day in Cincinnati, Ohio. On April 8, he hit his 715th home run off Los Angeles Dodgers pitcher Al Downing. More than 50,000 fans cheered him on as he rounded the bases, which was both a triumph and a relief. There were fireworks and a band, and when Aaron crossed home plate, his parents greeted him.

After finishing the 1974 season with a record-breaking 20 home runs, Aaron joined the Brewers in his old big league hometown of Milwaukee to take advantage of the new designated hitter rule, which allowed aging sluggers to rest their legs. He played two more seasons before calling it quits after the 1976 season.

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Encountering Racism

As Aaron approached home run number 714, the race to break Ruth’s record revealed that the world of baseball was far from free of racial tensions. The Braves’ offices received up to 3,000 letters a day for Aaron. Some congratulated him, but many were outraged that a Black man had broken baseball’s most sacred record. Death threats were thrown into the mix.

Nonetheless, Aaron persisted. He didn’t try to inflame the situation, but he also didn’t keep his mouth shut, speaking out against the league’s lack of minority ownership and management opportunities. “Blacks have been able to be super giants on the field,” he once said. “However, once our playing days are done, this is the end of it, and we return to the back of the bus.”

Stats

Aaron, also known as “Hammerin’ Hank,” is widely regarded as one of the greatest players in baseball history. He set numerous records during his 21-year career as an outfielder for the Milwaukee and Atlanta Braves, as well as two final years as a DH for the Milwaukee Brewers.

  • Batted-in runs (2,297)
  • Extra-base hits (1,477)
  • Total bases (6,856)
  • All-star appearances (25)
  • Years with 30 or more home runs (15 — since tied by Alex Rodriguez)

Aaron is second all-time in home runs (755), third in hits (3,771), third in games played (3,298), and fourth in runs scored (tied with Ruth) (2,174). During his career, he won two batting titles, four league home run and RBI titles, and three Gold Gloves for fielding excellence.

Hank Aaron Award

Major League Baseball established the Hank Aaron Award in 1999 to recognize the top hitter in each league. Initially determined by the accumulation of points based on stats, it soon fell under the jurisdiction of broadcasters’ voting jurisdiction, with fans later joining the process.

Manny Ramirez of the Cleveland Indians and Sammy Sosa of the Chicago Cubs were the first two winners. During his time with the Texas Rangers and New York Yankees, Alex Rodriguez won the award a record four times.

Ceding the Home Run Record to Barry Bonds

Aaron held the Major League record for 755 career home runs for more than three decades. On August 7, 2007, Barry Bonds surpassed that mark when he hit his 756th home run at AT&T Park in San Francisco, California.

Aaron was not at the ballpark that night, leading to speculation that he would not recognize Bonds’ accomplishments, who had been accused of cheating with performance-enhancing drugs. However, the former home run king quickly appeared on the scoreboard with a videotaped message to express his congratulations.

“I move over now,” Aaron said, “and extend my congratulations to Barry and his family on this historic achievement.”

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Hank Aaron Stadium

Baseball returned to Mobile, Alabama, in April 1997, when the minor league Mobile Baybears faced the Birmingham Barons at Hank Aaron Stadium. The field, known locally as “The Hank,” honors its namesake as well as other Mobile-born baseball players through its location at the intersection of Satchel Paige Drive and Bolling Brothers Boulevard: Paige was the first Negro League player inducted into the Baseball Hall of Fame, and Milt and Frank Bolling also played at the highest level.

Post-Playing Career

After retiring as a player, Aaron became executive vice president of the Atlanta Braves, where he became a leading spokesman for minority hiring in baseball. He was inducted into the Baseball Hall of Fame in 1982, and his autobiography, I Had a Hammer, was published eight years later.

He was awarded the Presidential Medal of Freedom in 2002. Despite being slowed by hip replacement surgery in 2014, Aaron attended a ceremony in January 2016 where he was awarded the Japanese Order of the Rising Sun, Gold Rays with Rosette. He was recognized for his close friendship with Japanese home run king Sadaharu Oh, as well as his efforts to promote the two countries’ mutual love of baseball.

Death

Aaron died on January 22, 2021.

Further Reading

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