Alex Rodriguez, "A-Rod," is a former professional baseball player and one of the most successful athletes in history.
The New York Yankees' third baseman is probably the game’s best.
He has made a name for himself on and off the field, amassing an impressive net worth through a long and distinguished baseball career, lucrative endorsements, and savvy investments.
In this article, you’ll learn about Alex Rodriguez's net worth and career highlights, including his finances, endorsements, and investments.
How much is Alex Rodriguez worth?
Alex Rodriguez's net worth is estimated to be $350 million earned from his successful career as a baseball player and his shrewd investments in various business ventures.
|Alex Rodriguez worth||$350 million|
|Ful name||Alexander Emmanuel Rodriguez|
|Date of Birth||July 27, 1975|
|Place of Birth||Washington Heights, USA|
|Height||6 ft 2 in (1.9 m)|
|Source of Wealth||Baseball player, Actor, Entrepreneur|
Who is Alex Rodriguez?
Alexander Rodriguez, "A-Rod," is a former American pro baseball shortstop and third baseman, businessman, and philanthropist. Rodriguez played 22 seasons in Major League Baseball (MLB) for the Seattle Mariners (1994–2000), Texas Rangers (2001–2003), and New York Yankees (2004–2016). He is currently the chairman and CEO of A-Rod Corp and chairman of Presidente beer.
Alexander Emmanuel Rodriguez was born on 27th July 1975 in Washington Heights, Manhattan, New York City, to Lourdes and Victor Rodriguez, Dominican immigrants. Alex was raised alongside his two half-siblings, Suzy and Joe.
In 1979, when he was 4, the family moved to the Dominican Republic, then back to Miami, Florida, when he was in the 4th grade.
Alex’s father played baseball for a team in the Dominican Republic and introduced him to the sport.
Growing up, the New York Mets baseball team was Rodriguez’s biggest inspiration.
Rodriguez attended Christopher Columbus High School, where he became a star on the baseball team. He pursued baseball after he was selected as the USA Baseball Junior Player of the Year.
Rodriguez played high school baseball at Westminster Christian School before being drafted first overall by the Seattle Mariners in the 1993 Major League Baseball (MLB) draft.
Alex Rodriguez began his would-be illustrious baseball career in 1993 when the Seattle Mariners drafted him. The Mariners’ contract was a 3-year deal worth $1.3 million and a $1 million signing bonus.
He made his starting debut as a shortstop on July 8, 1994, at just 18 and quickly became a star after the successful season of his MLB debut. He then became one of baseball’s best players and all-time greats.
A-Rod stayed with the Mariners from 1993 to 2000.
In 2001 Rodriguez signed a lucrative contract with the Texas Rangers - a 10-year deal worth $252 million. He stayed with the Rangrer for only 2 seasons (2001–2003).
In 2004, the Rangers traded Rodriguez to the New York Yankees. He was an MLB All-Star in 2006 and the 4th league in RBIs, 121 and 48 home runs. This made him the first Yankee to win the American League home run.
In 2007, Rodriguez became the first player in MLB history to have at least 35 home runs, 100 runs, and 100 RBIs in 10 consecutive seasons, surpassing Jimmie Foxx (9 consecutive seasons).
Beginning 2009, Rodriguez suffered hip and knee injuries that hampered his career. He returned to the New York Yankees in 2013 and made his debut game.
Rodriguez played his final pro baseball game in August 2016 and officially retired from playing baseball in 2017.
Alex Rodriguez received several awards throughout his career, some of them including the following:
- 12x All-Star winner
- 10x AL Silver Slugger Award winner
- 2x Seattle Mariners player of the Year (1998, 2000)
- 3× Texas Rangers Player of the Year (2001–03)
- 3x Babe Ruth Home Run Winner
- 3× Sporting News Player of the Year (1996, 2002, 2007)
- 2× Baseball America Major League Player of the Year (2000, 2002)
- 3× American League Most Valuable Player Award (2003, 2005, 2007)
How did Alex Rodriguez earn his wealth?
Alex Rodriguez’s net worth is estimated at $350 Million. He earned his wealth through various avenues.
Baseball Career Earnings
Alex Rodriguez earned over $441 million in salary during his 22-year career in Major League Baseball. In 1993, he first played for the Seattle Mariners in a 3-year deal worth $1.3 million and a $1 million signing bonus. In 2001 Alex signed a 10-year $252 million deal with the Texas Rangers. He then signed a 10-year $275 million deal with the Yankees, in what was then the largest contract in sports history. By his retirement, Alex “A-Rod” Rodriguez earned about $475 million in salary, bonuses, and endorsements.
Rodriguez has been the face of several major brands, including Pepsi, Nike, Mercedes-Benz, and others. He has also signed endorsement deals with companies like Vita Coco, TruFusion, and Guitar Hero World Tour. Other endorsement deals include;
- Planters Super Bowl commercial (2019)
- Presidente beer Super Bowl commercial (2020)
- Super Bowl Hard Rock ad (2020)
- Hims and Hers (2021)
- directTV (2022)
Rodriguez is the founder, chairman, and CEO of A-Rod Corp, an investment holding company he founded in 1996 and began making its first investments in 2003. Through A-Rod Corp, Rodriguez has invested in various real estate, wellness, technology, and entertainment companies. In 2008, he founded Newport Property Construction, a real estate development company. In 2012, he founded Monument Capital Management, which acquired over $700 million of real estate assets by 2019 and owns over 15,000 apartments in 13 states.
A-Rod Corp has helped Rodriguez invest in various ventures and companies, including coconut water brand Vita Coco, Snapchat, Wheels Up, and the virtual concert startup Wave. Other investments include:
- Dirty Lemon (2017)
- Petros Pace Finance, a financier of green development (2018)
- Co-living startup Bungalow, Sonder Corp, and Acorns (2019)
- Hims and Hers telehealth company (2019)
- Density, a tech company specializing in data and people counting
- Presidente Dominican beer company (2020) - Rodriguez became the chairman
- Nova Credit, a financial tech company (2020)
To further his investments in 2020, Rodriguez and J-Lo led a group of investors, including billionaires Mike Repole and Vincent Viola, to bid on the New York Mets.
In addition, Rodriguez has invested in several restaurants, including the high-end Japanese restaurant Nobu, and art collections that include works by Picasso, Warhol, and Basquiat, among others.
Real Estate Investments
Rodriguez has invested in several high-end properties in Miami, New York, and Los Angeles. He owns a large $32.5 million custom-built mansion in Coral Gables, Miami, Florida, sitting on a 1-acre property.
In 2018, A-Rod and Jennifer Lopez co-bought a condo on Park Avenue for $15.3 million and sold it for $15.75 million in 2020
In 2019, A-Rod sold his Hollywood Hills bachelor pad, a 3,700 sq. ft, 4-bedroom home for $4.4 million.
In 2019 Rodriguez and J-Lo bought Jeremy Piven's Malibu mansion for $6.6 million, renovated its interior then sold it 2 years later for $6.8 million.
Through his A-Rod Corp company, Rodriguez invests in New York apartment buildings, partnering with Adam Modlin, a brokerage expert, and Stonehenge NYC real estate investor and operator Ofer Yardeni.
In July 2020, A-Rod and J-Lo paid $1.4 million for a home in Encino, California.
In 2012, Rodriguez partnered with Mark Mastrov to create the Energy Fitness gym chain in Mexico City.
In 2017, Rodriguez’s A-Rod Corp got the rights to develop UFC-branded fitness centers across southern Florida. Rodriguez has since invested in (purchased a major equity stake) several fitness centers, including Plantation, TruFusion, and UFC Gym in Kendall and Midtown Miami, all in Florida. The fitness facility in Midtown Miami is a multimillion-dollar facility with state-of-the-art equipment, a fitness training recovery center, and various diverse group courses.
Through A-Rod Corp, Rodriguez has invested in several media companies, including Barstool Sports and The Players' Tribune. In 2016, Rodriguez invested in NRG Esports alongside Jimmy Rollins and Shaquille O'Neal.
Rodriguez is currently a TV commentator for ESPN Sunday Night Baseball analyst and an MLB studio analyst for FOX Sports, earning a salary for his expert analysis and insight into the game of baseball.
Rodriguez was a guest judge on Shark Tank in 2017. The same year, he signed a deal with ABC News network to contribute to Good Morning America, ABC World News Tonight, and Nightline.
In addition, Rodriguez hosted the show Back in the Game, which debuted on CNBC in March 2018.
In July 2020, Rodriguez became part of the judging panel for the Forbes' Next 1000 list, and in 2022, he appeared in The Captain, a 2022 mini-series about Jeter's life and career.
The Corp Podcast
In 2018, Rodriguez partnered with Barstool Sports to co-create The Corp Podcast with Dan Katz, a.k.a BBC Barstool Big Cat. The podcast interviews entrepreneurs, industry leaders, and athletes. They’ve featured many people, including Kobe Bryant, Barbara Corcoran, Martha Stewart, Gary Vaynerchuk, Michael Rubin, Barry Sternlicht, Kevin Bacon, Howard Schultz, Danica Patrick, and more.
What is Alex Rodriguez's net worth?
Alex Rodriguez's net worth is estimated to be $350 million.
How did Alex Rodriguez make his money?
Alex Rodriguez made his money through his baseball career earnings, endorsements, and investments in various business ventures.
What are some of Alex Rodriguez's endorsements?
Alex Rodriguez has endorsed several major brands, including Pepsi, Nike, His & Hers, Vita Coco, TruFusion, Mercedes-Benz, Guitar Hero World Tour, Hims, Super Bowl, DirecTvs, and more.
How long did Alex Rodriguez play professional baseball?
Alex Rodriguez played for 22 seasons in Major League Baseball, retiring in 2016.
What are Alex Rodriguez's baseball career highlights?
Alex Rodriguez has an impressive list of baseball career highlights, including 14 All-Star selections, 10 Silver Slugger Awards, and two Gold Glove Awards.
What teams has Alex Rodriguez played for?
Over the course of his career, Alex Rodriguez played for the Seattle Mariners, Texas Rangers, and New York Yankees.
What businesses has Alex Rodriguez invested in?
Alex Rodriguez founded A-Rod Corp, an investment holding company, in 1996, through which he has invested in several businesses, including real estate, fitness centers, and media. Some include:
- Dirty Lemon (2017)
- Petros Pace Finance (2018)
- Sonder Corp (2019)
- Hims and Hers (2019)
- Density (2019)
- Presidente (2020)
- Nova Credit (2020)
How has Alex Rodriguez's off-field activities affected his net worth?
Alex Rodriguez's off-field activities, such as his investments in various business ventures and his lucrative endorsements, have contributed millions to his overall net worth.
Has Alex Rodriguez been involved in any controversies?
Alex Rodriguez has been involved in several controversies, including his suspension from Major League Baseball in 2014 for performance-enhancing drug use.
What is Alex Rodriguez's current profession?
Alex Rodriguez is currently a television commentator and entrepreneur, focusing on his business ventures and investments.
Alex Rodriguez's net worth of $350 million is a testament to his financial acumen and his success both on and off the field. From his impressive baseball career to his investments in various business ventures, Rodriguez has built a legacy that will continue to be celebrated for years.
If A-Rod’s story inspires you to become a legend on the baseball field, you should go for it! We probably can’t help you get there, but we’ll be in the stands rooting for you.
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