Joey Votto Net Worth, Salary, Contract (2020)

Joey Votto Net Worth, Salary, Contract, Charity

What is Joey Votto’s net worth and salary in 2020? See how much Votto is worth, his MLB contract, and other interesting facts.

Joey Votto (born September 10, 1983) is a Canadian professional baseball player in Major League Baseball (MLB) currently playing for the Cincinnati Reds.

He had been selected in the 2002 MLB draft, second round, 44th overall. 

Before making his professional debut in the MLB, he played for the Reds’ rookie-level affiliate Dayton Dragons of the Class A Midwest League. 

He was named in the Mid-Season and Post-Season Southern League All-Star teams. 

2007 saw him playing in the Louisville Bats of the Class AAA International League and promoted to the Major Leagues. On September 4, 2007, he made his major league debut. 

That very year he recorded his first career home run. 

April the following year, his impressive performance had won him the coaching staff’s trust as he became the Reds’ starting first baseman. 

He recorded his first career pinch-hit home run in a game against Cleveland that year and rounded up the season as second National League rookie of the year behind the winner, Geovany Soto. 

That same season he broke the Reds record for the most runs batted in by a rookie in a season. 

Career Highlights

  • 6x All-Star
  • 2010 NL MVP
  • 2010 NL Hank Aaron Award
  • 2011 Gold Glove Award

What is Joey Votto’s Net Worth?

Cincinnati Red's Joey Votto
Wikimedia Commons

Over the course of his career in the MLB, Votto has amassed a great fortune of wealth.

As of 2020, Joey Votto’s net worth is valued at a whopping $110 million, making hime among the richest MLB players right now.

His primary source of income comes from salary earned from lucrative deals with the Cincinnati Reds and endorsements.

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How Much is Joey Votto’s Salary?

As part of the 10-year contract deal, which he signed back in April 2012, Votto will receive a base salary of $25,000,000 for the 2020 season. 

However, according to Spotrac, his adjusted salary is $9,259,259 due to the pay cuts amid the coronavirus pandemic.

For every game not played this season, Votto will forfeit $154,320.

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Joey Votto’s Contract History

Following his selection in the 2002 MLB draft, Votto signed a year contract with the Reds. In 2006 he renewed his contract with the Reds for a year for $327,000. 

The following year he penned another year contract for $380,000. Same process repeated in 2008, 2009, 2010, signing a year contract for $390,000, $437,000, and $525,000 respectively. 

In 2011 his contract hit a major financial rise as he penned a 3-year contract worth $38,000,000. 

In 2012, Votto signed a 10-year contract extension he is currently bound in for $225,000,000. 

However, in 2015 after serving a suspension for a game for making contact with an umpire, he lost $76,502 in salaries. 

So far, Joe Votto’s career earnings are approximately $168,193,759.

Joey Votto’s Charity & Philanthropy

After losing his father and recovering from chronic depression, Votto, in a bid to help Cincinnati people affected by post-traumatic stress disorder (PTSD), created the Joey Votto Foundation. 

He stated out of respect for the Canadian and American military members for their service to the nation, he is motivated to help them through his foundation. 

However, a year later, he announced the closure of the non-profit foundation, citing personal reasons and wanting to keep future philanthropic works he’ll be involved in private as the reason for the decision.

Notwithstanding his foundation’s closure, Votto still gets involved in giving to the community, be it financially or through other means. 

He endeared several baseball fans when he granted the wish of a six-year-old cancer patient, Herbert, to meet up with him as part of the Make-A-Wish foundation program and gifted him a jersey.

How does Joey Votto Spend his Money?

The 37-year-old has put into fair use the millions of dollars he earns as he owns a modern home in Hermosa Beach, which he purchased for $10.5 million. 

The house, which was listed for sale for $13.2 million before being bought by Votto, is a three-story staircase that features four bedrooms, four bathrooms, four fireplaces, and an elevator. 

Its interior holds a dining area, a family room, and an indoor-outdoor living room. It spans 3,827 square feet.

Among Joey Votto’s cars is a matte grey Ferrari 458 Italia.

Summary

Net Worth:$110 Million
Salary:$25 Million
Date of Birth:September 10, 1983
Age:37 years old
Nationality:Canadian
Source of Wealth:Baseball Player
Last Update:2020

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Conclusion

Joey Votto’s net worth at $110 million is not surprising as he has been around the MLB scene for a very long while. 

Yet, he still has the spirit of the game in him. 

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