Billy Beane Net Worth

What is Billy Beane's Net Worth and Salary?

Billy Beane is an American baseball General Manager who has a net worth of $20 million and an annual salary of $3 million. Starting his career as a professional baseball player, Beane now serves as the front office executive, vice president of baseball operations, and minority owner for the Oakland Athletics. Initially a scout for the Athletics, he advanced to general manager and then executive vice president, playing a significant role in the business side of baseball.

Although his baseball career was deemed disappointing, Beane reinvented himself as an executive, bringing technological innovations such as statistical player analysis to the game. In 2003, Michael Lewis wrote a book about Beane called "Moneyball," later adapted into a film starring Brad Pitt.

Beyond baseball, Beane has expanded into other sports, holding minority stakes in Barnsley FC, an EFL Championship soccer club, and AZ Alkmaar, a Dutch Eredivisie team. He has also found success in the software industry and various other ventures.

Early Life

William Lamar Beane III was born on March 29, 1962, in Orlando, Florida. Raised in Mayport, Florida, and San Diego, California, he grew up in a military family and learned to pitch from his naval officer father. At high school in San Diego, Billy excelled in baseball, football, and basketball before focusing on baseball in his senior years, attracting attention from scouts.

Baseball Career

Beane began his playing career with the Mets, receiving a $125,000 signing bonus. Though he planned to attend Stanford, he chose professional baseball for financial reasons. Despite an initial struggle in the lower leagues, Beane was promoted to MLB in 1984. Following a series of trades to the Minnesota Twins and Detroit Tigers, Beane signed with the Oakland Athletics, later opting to become a scout due to his unremarkable playing career.

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Front Office Career

In 1990, Beane became an advance scout for the Athletics, later promoted to Assistant General Manager, focusing on scouting minor-league players. When tasked with cost-cutting, Beane and General Manager Sandy Alderson employed a sabermetric system to uncover undervalued players. This analytical approach allowed the Athletics to excel with a low budget, ranking among the top teams and regularly reaching the playoffs. In 1997, Beane became the GM, and in 2015, he was promoted to Vice President of Baseball Operations.

Further Ventures

After the Athletics' owners acquired a stake in the San Jose Earthquakes, Beane applied his analytical principles to soccer players. Over time, he established connections with top English football managers and became an advisor for AZ Alkmaar's general director in 2015. In 2017, he joined a consortium that bought Barnsley. Beane also serves on the board of directors for software company NetSuite and consulted on the video game "MLB Front Office Manager."

(Photo by Justin Sullivan/Getty Images)

Baseball Salary

Billy Beane once declined a $12.5-million, five-year contract with the Red Sox, opting to continue with the Athletics at $1 million annually. In 2015, he became Executive Vice President of Baseball Operations, with David Forst taking over as GM.

NetSuite Salary

From 2007 to its acquisition by Oracle for $9 billion in 2016, Beane served on NetSuite's Board of Directors, earning around $4 million between 2007 and 2014.

Real Estate

In 2002, Beane purchased a home in Danville, California, for $1.735 million. The property, featuring high-class amenities like an outdoor pool, was listed for $1.895 million in 2013.