What is Carlos Correa's Net Worth?
Carlos Correa, a Puerto Rican professional baseball player, boasts a net worth of $50 million and an annual salary of $33 million. Renowned as one of the best position players in Major League Baseball (MLB), Correa has played for both the Houston Astros and the Minnesota Twins.
Early Life
Carlos Javier Correa Oppenheimer Jr. was born on September 22, 1994, in Ponce, Puerto Rico. From a young age, Carlos exhibited a talent for baseball, joining a youth league at just five years old. Initially playing first base due to his exceptional hitting ability, he was trained rigorously by his father. Despite facing challenges such as frequent flooding that forced his family to relocate and take on various odd jobs, Carlos's passion for the sport never waned.
A turning point came when Correa became a scholarship student at the Puerto Rico Baseball Academy and High School. His career began to gain momentum in 2010 when he participated in the Perfect Game BCS Finals and WWBA PG Underclassman World Championships. Under the guidance of hitting coach Jose Rivera, Carlos made significant improvements to his swing. His stellar performance at the 2011 PG World and National Showcases earned him top accolades, including a spot in the Aflac-PG All-American Game and the title of Rawlings' Defensive Player of the Year. He signed a letter of commitment with the University of Miami and represented Puerto Rico on the National Baseball Team.
MLB Career
Correa's professional journey took a major leap when he was selected with the #1 overall pick in the 2012 MLB draft by the Houston Astros at just 17 years old, making him the highest-drafted player from a Puerto Rican high school. Despite an early injury in 2013, he quickly proved his mettle, being named to the Midwest League All-Star Game that same year. Making his MLB debut in June 2015, Correa was named American League Rookie of the Year and Player of the Month.
Carlos achieved a career milestone in 2017 by helping the Astros win the World Series against the Los Angeles Dodgers. That year, he was also an All-Star and part of the World Baseball Classic All-Tournament Team. Moving forward, Correa continued to amass accolades, including being named an All-Star again in 2021 and securing the Golden Glove Award, Platinum Glove Award, and Fielding Bible Award, highlighting his exceptional defensive skills.
In March 2022, as a free agent, Correa signed with the Minnesota Twins. He re-entered free agency in November 2022 and experienced contractual complications with the San Francisco Giants and New York Mets due to physical concerns, eventually re-signing with the Twins in January 2023.
Contracts & Career Earnings
Carlos Correa's financial journey began in 2012 with the Astros, securing a $4.8 million signing bonus. Rejecting an $18.4 million qualifying offer in 2021, he ventured into free agency, leading to a three-year, $105.3 million contract with the Twins, which he later opted out of.
Correa entertained offers from multiple teams in 2022, nearly securing deals with both the Giants and Mets, each exceeding $300 million, but both fell through due to physical exam concerns. Finally, in January 2023, he signed a six-year, $200 million contract with the Twins, which could escalate to $270 million with vesting options. His failed physicals, however, are estimated to have cost him about $150 million.
Throughout his MLB career's first decade, Correa earned nearly $62 million, with projections suggesting he could amass close to $300 million by its end.
Personal Life
Off the field, Carlos Correa shares his life with former Miss Texas USA Daniella Rodriguez, whom he proposed to after winning the 2017 World Series. The couple has a son and announced they were expecting their second child in October 2022.
Beyond baseball, Correa is dedicated to philanthropy. He has extended support to children in both Houston and his native Puerto Rico, especially after natural disasters like Hurricane Harvey and Hurricane Maria. In March 2020, he donated $500,000 in medical equipment to aid Houston's battle against the COVID-19 pandemic.
