What Is Jose Canseco's Net Worth?
Jose Canseco is a Cuban-American retired baseball player who boasts a net worth of $900 thousand. Over his Major League Baseball career, Canseco was celebrated for his exceptional playing but faced numerous injuries leading to his retirement. Post-retirement, he became a beloved figure in reality TV, known for his eccentricity and his tell-all book published in 2005.
Jose earned $45 million in salary throughout his career before taxes and fees. In 1990, he signed a five-year $23.5 million contract with the Oakland Athletics, comparable to about $46 million today. During this contract, he was traded to the Texas Rangers and then to the Boston Red Sox.
Jose's peak salary was $5.8 million with the Red Sox in 1995. Unfortunately, like many athletes, he spent his earnings rapidly, and in recent years, he has claimed no longer to be a millionaire.
Barstool Fight Earnings
In February 2021, Jose participated in a Pay-Per-View celebrity boxing match organized by Barstool Sports, where he reportedly earned $1 million for just 12 seconds of work.
Jose Canseco Quote on Money
"You know my life, this financial thing, is a very complicated issue. Obviously, when you make all that money, people think, 'OK, let's assume it is $35 million.' People have to understand that $35 million, you're paying the government 41 percent. That leaves you with about $17 or $18 million, not even. Then you're taking care of your whole family."
Early Life
Jose Canseco, born José Canseco Capas Jr. on July 2, 1964, in Havana, Cuba, relocated to the United States with his family when he and his twin brother Ozzie were infants. He developed a passion for baseball early, playing for the Miami Coral Park High School team. His potential was evident when he won the MVP award in his junior year. Canseco graduated in 1982, marking the start of his professional baseball career.
Baseball Career
Drafted by the Oakland Athletics in 1982, Canseco's professional journey began in the minor leagues with teams like the Miami Marlins. His Major League debut was on September 2, 1985, with the Oakland Athletics. His rookie season led to the American League Rookie of the Year award, with 33 home runs and 117 RBIs. Alongside Mark McGwire, he became part of the legendary "Bash Brothers."
In 1988, Canseco predicted he would hit 40 home runs and steal 40 bases, achieving this milestone and forming the exclusive "40-40 club." Despite a World Series setback against the Dodgers, his reputation was firmly established.
In 1992, he was traded to the Texas Rangers and later to the Boston Red Sox. Throughout his career, Canseco faced highs and lows but remained a significant figure in baseball.
Canseco's last MLB appearance was with the Tampa Bay Rays on October 6, 2001. His career highlights include being a six-time All-Star, two-time AL home run champion, four-time Silver Slugger award winner, and two-time World Series champion.
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After Baseball
Jose authored the 2005 book "Juiced: Wild Times, Rampant 'Roids, Smash Hits & How Baseball Got Big," revealing that many MLB players used steroids openly in the '80s and '90s. This made him a controversial figure and estranged from many former teammates.
Post-retirement, Canseco appeared on various TV shows, including "The Celebrity Apprentice" and "The Surreal Life," and participated in celebrity boxing matches. He's written for "Vice" magazine and garnered a cult following on Twitter.
In 2019, Canseco opened Jose Canseco's Showtime Car Wash in Las Vegas, featuring memorabilia from his baseball career.
Personal Life
Canseco has been married twice, first to Esther Haddad (divorced in 1992) and then to Jessica Sekely (divorced in 2000). He has a daughter, Josie Canseco, with Jessica. Josie is a model and social media star and was "Playboy" Playmate of the Month in June 2016. She has dated celebrities like Logan Paul. Canseco has publicly discussed the financial impact of his divorces, claiming they cost him between $7 and $8 million.
Real Estate
Jose Canseco's financial struggles have significantly impacted his real estate holdings. In 2008, he lost his $2.5 million mansion in Encino to foreclosure. In 2015, he moved to Las Vegas, where he later opened his home to fans via a Twitter sweepstakes. In 2021, he purchased a home in Las Vegas for $1.1 million and listed it for sale in 2023 for $1.7 million. He re-listed the property in March 2024 for $1.6 million. Here is a video tour:
