What is Nolan Arenado's Net Worth and Salary?
Nolan Arenado is an American professional baseball player with an estimated net worth of $50 million. He currently plays for the St. Louis Cardinals in Major League Baseball (MLB). Arenado is recognized as one of the premier third basemen in the sport, with numerous accolades including Gold Glove, Platinum Glove, and Silver Slugger Awards. He made headlines in 2019 by signing an 8-year, $260 million contract, making him one of the highest-paid players in baseball history.
Contracts
Nolan Arenado began his MLB journey with a 1-year, $625,000 contract with the Colorado Rockies in 2009, although he didn't make his Major League debut until 2013, earning $415,000 that year. His salary was $500,000 in 2014, and it rose to $5 million in 2016. In 2017, he secured a two-year $29.5 million contract.
In 2019, Arenado signed an 8-year $260 million contract with the Rockies, establishing himself as one of the highest-paid players in MLB history. His annual salary increased to $35 million starting in 2019. In February 2021, Arenado was traded to the St. Louis Cardinals. He had the opportunity to opt out of his contract at the end of the 2022 season but chose to remain with the Cardinals, essentially turning down $150 million.
Early Life and High School
Nolan Arenado was born on April 16, 1991, in Newport Beach, California, and grew up in Lake Forest. He is of Cuban and Puerto Rican descent. He has two brothers, Fernando Jr. and Jonah. Arenado attended El Toro High School, where he excelled as a shortstop. During his senior year, he batted an impressive .517 and hit five home runs. Initially, he planned to attend Arizona State University on a baseball scholarship.
Minor League Career
Arenado was selected by the Colorado Rockies in the 2009 MLB draft and chose to sign with them, foregoing his college plans. He made his minor league debut with the Casper Ghosts of the Pioneer League. The following year, Arenado played for the Asheville Tourists of the South Atlantic League. In 2011, he moved up to the Modesto Nuts of the California League, finishing with a .298 batting average, 20 home runs, and a league-leading 122 RBIs. He joined the Arizona Fall League later that year. In 2012, he played for the Tulsa Drillers of the Texas League before advancing to the Colorado Springs Sky Sox of the Pacific Coast League in early 2013.
Colorado Rockies
Due to his minor league success, Arenado debuted in MLB with the Colorado Rockies in April 2013. He made an immediate impact, hitting his first MLB home run in his second game and his first grand slam shortly thereafter. For his efforts, he won the Gold Glove Award at the end of the season. Despite an injury in 2014, he clinched another Gold Glove. The following seasons saw further achievements, including leading the National League in home runs and RBIs in 2015. By 2016, he hit his 100th career home run and continued to accumulate awards including the Silver Slugger and Fielding Bible Awards.
In 2017, Arenado hit for the cycle in a game against the San Francisco Giants. He helped the Rockies reach the postseason and won multiple awards, including his first Platinum Glove. His success continued through 2018 and 2019, each season adorned with Gold Glove, Silver Slugger, and Platinum Glove Awards. Even in the pandemic-shortened 2020 season, he claimed his eighth consecutive Gold Glove.
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St. Louis Cardinals
Arenado joined the St. Louis Cardinals in early 2021. He made an instant impression, hitting his first home run against the Cincinnati Reds in March and another in the Cardinals' home opener win against the Milwaukee Brewers in April. He finished the season batting .255 with 34 home runs and 105 RBIs, claiming his ninth consecutive Gold Glove. For the 2022 season, Arenado had a standout April but struggled in May, only to recover strongly in June and July. He achieved his second career cycle in July and was named Player of the Month in August. He concluded the season with a .293 batting average, 30 home runs, and 103 RBIs, along with his tenth consecutive Gold Glove, sixth Platinum Glove, and fifth Silver Slugger Award.
International Playing
Apart from MLB, Arenado has represented the United States in international competitions. He played a key role in the US national baseball team's victory in the 2017 World Baseball Classic, marking the country's first WBC win.
Personal Life
Nolan Arenado married his high school sweetheart in late 2019. They welcomed their first child, a daughter, in the summer of 2022.