Justin Verlander's Net Worth Reaches $150 Million Through MLB Success and Savvy Deals
Justin Verlander has dominated Major League Baseball for over 15 years as one of the sport's premier pitchers. His success on the field has translated into a tremendous $150 million net worth. Now with the New York Mets, Verlander's wealth should continue rising thanks to his high salary and lucrative endorsements.
Justin Verlander's MLB Career
Hailing from Virginia, Verlander played college baseball at Old Dominion before being drafted second overall by the Detroit Tigers in 2004. He made his MLB debut in 2005 and has since racked up 9 All-Star selections, 2 Cy Young Awards, 1 MVP, and 2 World Series rings.
After spending 2011-2017 with the Tigers, Verlander was traded to the Houston Astros where he revived his career, cementing his status as an all-time great pitcher. He signed a free agent deal with the Mets in December 2022.
Massive Contracts Boosted Net Worth
Verlander has signed some of the richest contracts for a pitcher in MLB history. In 2013, he inked a record 7-year, $180 million deal with Detroit. After being traded to Houston, he scored another huge payday - a 2-year, $66 million contract in 2019.
Most recently, the Mets awarded Verlander a free agent contract worth $86 million over 2 years. His career earnings from salaries exceed $330 million and counting.
Endorsement Deals Add to the Riches
With fame and success comes lucrative endorsement deals. Verlander has partnered with brands like Breitling, Under Armour, GlaxoSmithKline, and Rawlings over the years. He likely brings in around $1 million annually from these sponsorships.
The star pitcher has also appeared in national advertising campaigns for companies like Rocket Mortgage. Brand partnerships provide a nice income boost.
Savvy Real Estate Investments
Off the field, Verlander has made smart moves investing his wealth, especially in real estate. He owns multimillion dollar homes in Beverly Hills, Florida, and Los Angeles.
In 2022, Verlander paid $6.55 million for a Jupiter, Florida property - $550,000 over the original asking price. Luxury real estate drives his net worth higher.
Car Collecting and Charity Work
As a car enthusiast, Verlander has amassed an impressive collection of vehicles ranging from Ford, Ferrari, Mercedes-Benz, and other high-end automobiles.
He also runs a charitable organization with wife Kate Upton called the Wins for Warriors Foundation supporting veterans. During COVID-19, the couple donated Verlander's MLB salary to relief efforts.
Outlook Remains Strong
At age 40, Justin Verlander remains one of baseball's most dominant pitchers. His $150 million net worth should continue rising thanks to his lucrative Mets contract and ongoing endorsement work. With smart investing and a dedication to philanthropy, Verlander's wealth outlook remains extremely bright.
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