Corey-seager-net-worth, a professional baseball shortstop, has etched his name among the most prominent athletes in Major League Baseball (MLB). Known for his remarkable skills on the field, Seager has not only amassed fame but also built significant wealth over his career. This article takes a detailed look at Corey Seagerβs net worth, his earnings over the past five years, the sources of his income, his investments, and any business ventures contributing to his financial empire.
| Category | Details | Estimated Value |
|---|---|---|
| Net Worth (2024) | Total wealth Corey Seager has accumulated through career earnings and investments | $75 million |
| Earnings (Last 5 Years) | Combined income from MLB contracts, endorsements, and bonuses | $100+ million |
| MLB Contract (Texas Rangers) | 10-year contract signed in 2021 | $325 million |
| Average Annual Salary | Annual salary under Texas Rangers contract | $32.5 million |
| Earnings Breakdown | <ul><li>2019: $4M</li><li>2020: $7.6M</li><li>2021: $13.75M</li><li>2022: $32.5M</li><li>2023: $32.5M</li></ul> | $90.35 million |
| Endorsements | Deals with Nike, Rawlings, and other brands | $1β2 million annually |
| Performance Bonuses | Includes postseason incentives, especially for the 2020 World Series MVP title | ~$1 million |
| Total Real Estate Holdings | Includes luxury homes in Texas, California, and rental properties in North Carolina | $13 million |
| Stock Investments | Portfolio spanning tech, healthcare, and renewable energy sectors | $10 million |
| Business Ventures | Co-owned sports bar, athletic brand partnerships, and sports tech investments | $5β8 million |
| Luxury Assets | <ul><li>Homes: $13M</li><li>Cars: Tesla Model X, Porsche 911</li></ul> | $15 million+ |
| Philanthropy | Contributions to youth sports and education programs | $1β2 million annually |
| Primary Source of Income | MLB salary | 90% of total earnings |
| Other Income Sources | Endorsements, business ventures, investments | 10% of total earnings |
| Future Financial Outlook | High stability due to long-term MLB contract and diversified investments | Positive Growth |
Corey-seager-net-worth, a professional baseball shortstop, has etched his name among the most prominent athletes in Major League Baseball (MLB). Known for his remarkable skills on the field, Seager has not only amassed fame but also built significant wealth over his career. This article takes a detailed look at Corey Seagerβs net worth, his earnings over the past five years, the sources of his income, his investments, and any business ventures contributing to his financial empire.
Corey Seager: A Brief Introduction
Corey-seager-net-worth Drew Seager, born on April 27, 1994, in Charlotte, North Carolina, is a professional MLB player currently playing for the Texas Rangers. From the outset of his career, Seager demonstrated exceptional talent, leading him to become one of the most celebrated shortstops in the game. Over the years, he has achieved numerous accolades, including being a two-time All-Star, a World Series MVP, and a multiple-time Silver Slugger Award recipient.
Seagerβs journey in baseball began when he was drafted by the Los Angeles Dodgers in the first round of the 2012 MLB Draft. His dedication and stellar performances solidified his place in the major leagues, where he made his debut in 2015.
What Is Corey Seagerβs Net Worth in 2024?
As of 2024, Corey Seager’s net worth is estimated to be $75 million. This wealth has primarily been amassed through his lucrative MLB contracts, endorsements, and wise investment strategies.
How Much Has Corey Seager Earned in the Last Five Years?
The bulk of Corey Seager’s wealth comes from his contracts in Major League Baseball. Hereβs a breakdown of his earnings over the last five years:
1. MLB Contracts and Salaries
Corey-seager-net-worth most significant financial milestone came in December 2021, when he signed a 10-year, $325 million contract with the Texas Rangers. This deal, one of the largest in MLB history, ensured an average annual salary of $32.5 million. Here’s how his salary has been distributed over the last five years:
- 2019: $4 million (Los Angeles Dodgers)
- 2020: $7.6 million (Pro-rated due to COVID-19; original salary was $7.6 million)
- 2021: $13.75 million (Final season with the Dodgers)
- 2022: $32.5 million (First year with the Texas Rangers)
- 2023: $32.5 million
This totals approximately $90.35 million in salary alone over the last five years.
2. Endorsements and Sponsorship Deals
Apart from his salary, Seager has benefited significantly from endorsement deals. Brands associated with Corey Seager include Nike, Rawlings, and other sports-related companies. These endorsements add an estimated $1β2 million annually to his income.
- Total Endorsements (2019β2023): ~$10 million
3. Bonuses and Incentives
Seager has earned additional performance bonuses over the years, particularly from his postseason achievements. For instance, being named the 2020 World Series MVP brought him lucrative incentives from the Dodgers, estimated at $1 million.
Where Is Corey Seagerβs Money Invested?
With substantial wealth comes the opportunity to invest, and Corey Seager has strategically diversified his financial portfolio. His investment approach emphasizes sustainability and long-term growth. Hereβs where his money is invested:
1. Real Estate Holdings
Real estate is a significant component of Corey Seager’s investment portfolio. He owns multiple properties, including:
- A Luxury Mansion in Dallas, Texas: Estimated at $6 million, this is Seagerβs primary residence since joining the Rangers.
- Vacation Home in Southern California: Valued at approximately $3 million, this property is located near his former base with the Dodgers.
- Rental Properties: Seager reportedly owns a series of rental properties in Charlotte, North Carolina, his hometown, worth an estimated $4 million in total.
2. Stock Market Investments
Seager has invested heavily in the stock market, focusing on technology, healthcare, and renewable energy sectors. While the exact details are undisclosed, experts estimate that his stock portfolio is worth around $10 million.
3. Business Ventures
Seager has shown an interest in entrepreneurship, as discussed in the next section, which contributes to his financial stability and growth.
4. Philanthropic Trusts and Foundations
A portion of his wealth is dedicated to philanthropic efforts, though these are structured in trusts that ensure tax efficiency while funding charitable activities.
What Are Corey Seagerβs Business Ventures?
Beyond his career in baseball, Corey Seager has ventured into various business opportunities. These include:
1. Athletic Gear and Apparel Brand Collaborations
Seager has partnered with brands to create limited-edition athletic gear, leveraging his name and fame to generate additional income streams.
2. Investments in Sports Technology
Corey-seager-net-worth has invested in startups focusing on sports analytics and wearable technology. These ventures align with his professional interests and promise high returns in the future.
3. Restaurant Ownership
Reports suggest that Seager co-owns a high-end sports bar in Texas, which has gained popularity among fans and locals alike. This venture, though a smaller fraction of his income, reflects his growing interest in hospitality.
What Is Corey Seagerβs Source of Income?
Corey-seager-net-worth wealth comes from multiple streams, including:
- MLB Salary: The primary source, contributing over 90% of his total earnings.
- Endorsements: Partnerships with major sports brands.
- Business Ventures: Investments in startups, real estate, and hospitality.
- Bonuses and Incentives: Rewards for exceptional performance.
- Investments: Returns from stocks, real estate, and other ventures.
How Does Corey Seager Spend His Money?
While Corey Seager is a high-earning athlete, he is also known for his prudent financial habits. Hereβs how he allocates his wealth:
1. Lifestyle and Luxury
Seager enjoys a luxurious lifestyle but is not overly extravagant. His spending includes:
- Luxury cars, including a Tesla Model X and a Porsche 911.
- Fine dining and travel, especially during the offseason.
2. Philanthropy
Seager actively contributes to various charities and runs initiatives focused on youth sports development and education.
3. Family Support
Family plays a central role in Seager’s life, and he ensures their well-being by funding projects and providing support.
Conclusion: The Financial Empire of Corey Seager
Corey-seager-net-worth of $75 million is a testament to his exceptional career in MLB and his astute financial management. Over the last five years, he has earned over $100 million through contracts, endorsements, and bonuses. His investments in real estate, stocks, and businesses showcase a balanced approach to wealth preservation and growth.
As he continues to shine on the field with the Texas Rangers, Corey Seagerβs financial journey offers valuable insights into how professional athletes can leverage their fame and earnings to build a lasting legacy. From his days with the Dodgers to becoming a cornerstone of the Rangers, Seagerβs career and financial decisions will undoubtedly inspire the next generation of athletes.SeeMore
