What is Mookie Betts' Net Worth and Salary?
Mookie Betts is an American professional baseball player with a net worth of $70 million. Since joining Major League Baseball in 2015, he has played for the Boston Red Sox and Los Angeles Dodgers. In July 2020, he signed a monumental $390 million 12-year contract, including a $65 million signing bonus. His average annual salary is $32 million, and by 2034, he will have earned $420 million from his MLB career.
Contracts and Earnings
Starting in 2017, Betts signed a series of lucrative annual contracts, including a $750,000 deal with the Red Sox in 2017, followed by a $10.5 million contract in 2018 and a $20 million deal in 2019. He then moved to the Dodgers on a two-year $60 million contract. In 2020, he extended his contract with the Dodgers by signing a $390 million 12-year deal with a $65 million signing bonus. This brings his total contract value to an astonishing $420 million. Notably, Betts is expected to save over $40 million in taxes due to his Tennessee residency.
Read more about Mookie's record-breaking contract here and how he saves on taxes. For perspective, Betts will earn $3 million every 16 games, surpassing what Dodger legend Jackie Robinson made in his entire career, adjusted for inflation.
Early Life
Born Markus Lynn Betts on October 7, 1992, in Smyrna, Tennessee, Betts's name deliberately forms the initials MLB. His mother, who served as his first Little League coach, has a baseball lineage connecting him to former MLB player Terry Shumpert. Betts attended John Overton High School, where he excelled in baseball, basketball, and bowling, signing a letter of commitment for a baseball scholarship to the University of Tennessee. He notably batted .548 with 24 steals during his junior year.
Career
Betts's professional journey began when the Boston Red Sox drafted him in the fifth round of the 2011 MLB draft. After signing a $750,000 contract, he played in various minor leagues, showcasing impressive performance and moving up quickly through the ranks. By 2014, he was promoted to the Red Sox and made notable achievements, including hitting a grand slam at age 21, making him the youngest Red Sox player to do so in almost half a century.
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Betts continued his stellar performance through the years, making history in 2018 by becoming the only player in AL history to win the World Series, a Gold Glove, a Silver Slugger award, and the AL MVP in the same season. He joined the Dodgers in 2020, winning multiple awards and hitting his 200th career home run in 2022.
Personal Life
Mookie Betts has been with his high school sweetheart, Brianna Hammonds, for many years. They welcomed their daughter in November 2018, got engaged in January 2021, and married in December 2021. They reside in Franklin, Tennessee, and Encino, Los Angeles. Betts converted to veganism in 2021 and is known for wearing a gifted necklace from a 13-year-old fan during games.
Real Estate
In November 2020, Mookie bought a home in Encino, California, for $7.6 million, which he listed for sale in February 2023 at $10 million, later reducing the price to $8.5 million in October 2023. In December 2023, he acquired a new property in Encino for $15 million. Watch a video tour of his former home:
