Baseball, often referred to as "America's Game," has been a significant part of the American sports scene for over a century. The sport has produced numerous millionaires, but who among them has reached the coveted billionaire status? Let's delve into the world of baseball and its wealthiest individuals.
The Richest Player: Alex Rodriguez
When it comes to players, Alex Rodriguez, fondly known as "A-Rod," tops the list. With a net worth of $350 million, Rodriguez is currently the wealthiest baseball player. His record-breaking $252 million contract with the Texas Rangers was just the beginning of his financial success. Over his 22-season professional career, he played for the Seattle Mariners, Texas Rangers, and most notably, the New York Yankees. His impressive career statistics, including a .295 batting average, over 600 home runs, over 2,000 RBIs, and over 300 stolen bases, have solidified his place as one of the greatest baseball players of all time.
The Wealthiest Franchise Owner: Steven A. Cohen
While players earn substantial amounts, the real money in baseball lies in team ownership. Steven A. Cohen, with a personal wealth of around $16 billion, is the wealthiest franchise owner in the league. His purchase of the New York Mets for 2.4 billion U.S. dollars in 2020 marked a significant event in the sport. This acquisition made him not only the richest owner in the league but also one of the few billionaires in baseball.
The Billionaire Club of MLB Owners
Owning a Major League Baseball team is big business, and it requires deep pockets. Approximately three-quarters of the game's primary owners have net worths exceeding 10 figures. Among them are men like Peter G. Angelos, the principal owner of the Baltimore Orioles, whose net worth stands at $2 billion. These owners have seen their franchise values appreciate significantly since their purchases, often extraordinarily.