Alex Rodriguez Net Worth and Biography

Alex Rodriguez is an American baseball player, businessman, and philanthropist, with an estimated net worth of $350 Million. He played 22 seasons in Major League Baseball (MLB) for the Seattle Mariners, Texas Rangers, and the New York Yankees. He is one of the most respected players in the sport and is considered one of the greatest baseball players of all time.

Bio Data

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Biography

Alex Rodriguez was born on July 27, 1975, in New York to Dominican immigrants Victor and Lourdes Rodriguez. His father played baseball for a team in the Dominican Republic and introduced him to the sport as a child. He attended Christopher Columbus High School in Miami and Westminster Christian School, where he was a star shortstop on the baseball team and played quarterback on the football team.

At Westminster, Alex won the high school national championship in his junior year and was selected as the USA Baseball Junior Player of the Year and as Gatorade’s national baseball student-athlete of the year. In 1993, Rodriguez became the first high school player to try out for the United States national baseball team.

Rodriguez signed a letter of intent to play baseball for the University of Miami and was also recruited by U of M to play quarterback for its football team. Rodriguez turned down U of M’s baseball scholarship offer and never played college baseball, opting instead to sign with the Seattle Mariners after being selected first overall in the 1993 amateur draft at the age of 17.

Career

Alex Rodriguez began his professional baseball career as one of the sport’s most highly touted prospects. He was selected by the Seattle Mariners as the first overall selection of the 1993 Major League Baseball draft. He made his professional baseball debut as a minor league player with the Appleton Foxes In 1994.

Rodriguez debuted in the major leagues the following year at the age of 18. In 1996, he became the Mariners’ starting shortstop, won the major league batting title, and finished second in voting for the AL MVP Award. His combination of power, speed, and defense made him a cornerstone of the franchise, but he left the team via free agency after the 2000 season to join the Rangers.

The 10-year, $252 million contract he signed was the richest in baseball history at the time. He played at a high level in his three years with Texas, highlighted by his first AL MVP Award win in 2003, but the team failed to make the playoffs during his tenure.

Before the 2004 season, Rodriguez was traded to the Yankees, for whom he converted to a third baseman to accommodate their shortstop Derek Jeter. He was named AL MVP in 2005 and 2007. He opted out of his contract after the 2007 season, then signed a new 10-year, $275 million deal with the Yankees, breaking his own record for the sport’s most lucrative contract.

Rodriguez became the youngest player to hit 500 home runs, reaching the milestone in 2007. He helped the Yankees win the 2009 World Series over the Philadelphia Phillies, which was Rodriguez’s only championship title. He become exclusively a designated hitter, toward the end of his career,  due to hip and knee injuries.

Honors and Accolades

Alex Rodriguez is considered one of the greatest baseball players of all time. With a career .295 batting average, Rodriguez amassed over 600 home runs (696), over 2,000 runs batted in (RBI), over 2,000 runs scored, over 3,000 hits, and over 300 stolen bases, the only player in MLB history to achieve all of those feats.

He was also a 14-time All-Star, winning three American League (AL) Most Valuable Player (MVP) Awards, 10 Silver Slugger Awards, and two Gold Glove Awards. Rodríguez is also the career record holder for grand slams with 25.

Alex Rodriguez’s Net Worth

Alex Rodriguez is the richest baseball player in the world, with an estimated net worth of $350 Million.

He signed two of the most lucrative contracts in baseball history. His 10-year deal contract with Texas Ranger in 2000 was at the time the most lucrative contract in sports history, worth $252 million. The deal was worth $63 million more than the second-richest baseball deal.

In 2007,  Rodriguez signed another  10-year deal,  worth $275 million that would have him playing until he was 42. The contract also included various multimillion-dollar incentives for breaking career home run milestones.

Aside from his successful baseball career, Alex Rodriguez is also a businessman and philanthropist. He is chairman and CEO of A-Rod Corp and Presidente beer. He is also part owner of the National Basketball Association’s (NBA) Minnesota Timberwolves.

Rodriguez founded A-Rod Corp, a holding company, in 1996. Through the company, he has invested in a series of companies in the technology, real estate, wellness, and entertainment industries.

In 2012, he founded Monument Capital Management which had acquired more than $700 million of real estate assets as of 2019. According to Architectural Digest, the company owned over 15,000 apartments in 13 states.