Mookie Betts Net Worth 2020, Salary & Endorsements

Mookie Bets Net Worth, Salary, Endorsements, Contracts

Mookie Betts net worth, salary, and sources of wealth in 2020 analyzed.

Net Worth:$6 Million
Base Salary:$27 million per year
Date of Birth:7 October 1992
Age:01992-10-07[/age years old
Nationality:American
Source of Wealth:Professional Baseball Player
Last Update:2020

Overview

Mookie Betts is a professional baseball player who plays in Major League Baseball for the Los Angeles Dodgers as a right fielder. One of the best players in the league, Betts has received feats that have vaulted him to become one of baseball’s youngest stars with bright prospects. His ability to bowl exceptionally has had a significant impact on his baseball abilities. Aside from his talents, which makes him a terrific player, Betts consistent top performance has earned him the admiration of fans.

In 2018, Betts became the first player in the league to top the league batting chart, won the Gold Glove, Silver Slugger, and MVP awards as well as claimed the World Series. That feat vaulted his career to the next level. Since he received that enormous feat, Betts has been in exceptional form in the league. With many more years ahead of him Betts can repeat the feat he alone lays claim to.

With an emphasis on Mookie Betts wealth, we review his early life, career, salary, endorsements, luxury lifestyle, and takeaways from his wealth and success.

Early Life

Born in Nashville, Tennessee, Betts was brought up into a family with roots in the sport. His mother was an avid Bowler, while his cousin, Terry Shumpert, played in the MLB for various teams. From an early age, Betts learned how to bowl from his mother. Aside from bowling, young Betts also played baseball from an early age. He played in Little League Baseball, where his mother coached him. As his baseball skills developed his bowling skills also developed. He claimed the 2010 Tennessee boys Bowler of the Year award. That same year, Betts, who was a junior at John Overton High School in Nashville, had a good performance, recording 24 steals and batting .548.

Betts was subjected to interest from several colleges such as the University of Alabama at Birmingham, Vanderbilt University, and Mississippi State University. He however chose to commit to the University of Tennessee. Aside from bowling and baseball, Betts also played basketball, and he excelled at it. Among the numerous honors he received for his basketball prowess is the District 12-AAA league MVP award and the Class AAA All-City Player of the Year award. 

Career Summary, Contracts & Accomplishments

After committing to the University of Tennessee, Betts entered the 2011 MLB Draft and was selected by the Boston Red Sox as the Draft’s 172nd pick. Betts now faced with the decision to go play professional baseball or proceed to college chose the later and rescinded his commitment to the University of Tennessee. He then signed a $750,000 contract with the Red Sox. Between 2011 and 2014, Betts played in various minor leagues for the Sox junior teams.

In 2013 while playing in the Low A South Atlantic League for the Greenville Drive and in the High A Carolina League for the Salem Red Sox, Betts put up an impressive performance which earned him Boston minor league Breakout Player of the Year and Offensive Player of the year awards. In June 2014, Betts was promoted to the Boston Red Sox. In March 2015, he signed a one-year deal worth $514,500 with the Sox. That season, young Betts did not have a significant impact in the league, but that changed the next season.

After signing another one-year deal worth $566,000 in March 2016, Betts put up an impressive performance which earned him a nomination for the American League MVP award. His performance also earned him the Winston Sporting Goods Defensive Player of the Year award. Betts also won his first Golden Glove award in 2016.

In the 2017 season, Betts penned a one-year $950,000 contract with the Sox. He then put up another impressive performance which earned him a second successive Golden Glove award. On seeing Betts performance improvement, the Boston Red Sox increased his earnings. In January 2018, Betts signed a one-year deal with the Red Sox worth $10.5 million.

Mookie Betts Career, Contracts, Achievements
Photo: KA Sports / CC BY-SA

The 2018 season was the season, Betts truly established himself as a force to reckon with in the MLB. That season, Betts broke and created several records, such as becoming the first player under the age of 26 to have 4 three-homers in a season. His performance proved very vital to the Red Sox as they defeated the Los Angeles Dodgers to win the World Series. He then went on to win the Gold Glove, the Silver Slugger, and MVP awards. Following his spectacular 2018 season, he penned a one-year $20 million deal with the Sox. After a good season, he was traded to the Los Angeles Dodgers in February 2020. 

Career Highlights

Below are some of the best Mookie Betts career highlights.

  • AL MVP (2018)
  • 4× All-Star (2016–2019)
  • 3× Silver Slugger Award (2016, 2018, 2019)
  • 4× Gold Glove Award (2016–2019)
  • All-MLB Second Team (2019)
  • Wilson Defensive Player of the Year Award (2016)
  • AL batting champion (2018)
  • 30-30 club (2018)
  • Hit for the cycle (2018)

Mookie Betts Net Worth in 2020

In 2020 Mookie Betts net worth is valued at $6 million. The young Los Angeles Dodgers star who has several years ahead of him in the MLB has made his $6 million fortune from his baseball exploits. In 2018, the star first signed his first multi-million dollar contract and that had a significant impact on his net worth. In 2019, his $20 million one-year deal with the Red Sox also impacted greatly on his net worth.

If Betts continues putting up the exceptional performance he has been displaying in recent times, he may sign a very lucrative long term deal with an MLB franchise which could shoot his new worth higher. His improved performance would also impact greatly on his endorsement earnings.

RELATED: Richest Baseball Players in the World

Mookie Betts Salary in 2020

For the 2020 season, Mookie Betts will receive $27 million in base salary. His 2020 salary sees a $7 million increase from his previous salary. His salary for the 2020 season ranks as the highest salary, Betts has ever received since he was drafted.

Mookie Betts Endorsements in 2020

Unlike his contemporaries in other sports, Betts doesn’t boast of a huge endorsement deal portfolio. Barely two years after he signed his first multi-million dollar contract, Betts had few endorsement deals. He has an endorsement deal with Axe Bats.

Mookie Betts Luxury Lifestyle

Since he penned his lucrative deals with the Sox, Betts has been living the life only the affluent can afford.

House

In 2017, he bought 8.5 acres of land for $1.25 million. The star is currently building a mansion on the property located in Franklin. The property which will cost $4.5 million in construction cost covers 20,000 square feet.

Cars Collection

Mookie Betts is modest in his car collections. He owns a Chevrolet Corvette Stingray, and a BMW 7 Series. In the past, he has driven Toyota as well as Nissan vehicles.

Lessons from Betts Wealth, Success & Fame

Now that you know the interesting story about Mookie Betts rise to fame, his wealth, and how he became successful, here are two lessons from MLB sensation.

1. Persistence Pays

When he was drafted into the MLB, Betts was assigned to the minor leagues, where he continued putting up an impressive performance, which eventually earned him a place in the Red Sox team. While he was playing with the Red Sox, Betts persistent in putting up good performance soon earned him a feat only he lays claims to in the entire MLB.

2. Train consistently

One major reason Betts is a good baseball player is the training he received in bowling and baseball by his mother while growing up. Those training that was consistent helped Betts cultivate the skills he needed to become a world-class player.

Summary

In 2020, Mookie Betts net worth is valued at $6 million. Betts salary is valued at $27 million per year. The source of his wealth is majorly from his profession as a baseball player in the MLB.

Conclusion

Aspiring athletes should persist in producing good performance and always train consistently.

What are your thoughts about Mookie Betts net worth? Feel free to share with us in the comments section below.

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