Yadier Molina’s Net Worth

The term GOAT (Greatest of All Time) is being thrown around a lot lately.  Many people associate it with the greatest athletes, Tom Brady, Michael Jordan, and Tiger Woods to name a few.  When it comes to the GOAT of catchers in the MLB, some might throw the name Yadier Molina around.  A fifteen year MLB veteran, Yadier Molina’s net worth tops out at $45 million.

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Catcher Yadier Molina

A native of Puerto Rico, Molina has spent his entire professional baseball career with the St. Louis Cardinals organization.  Although he was drafted in the fourth round in 2000, he didn’t make his major league debut until 2004.

During his rookie season in 2004, Yadi appeared in 51 games for St. Louis.  It wasn’t until 2005 that he became the lead guy at catcher for the Cardinals.  He is known as being a very solid hitter at his position.  His career batting average currently sits at .283 and he has belted over 130 home runs thus far.

Many regard Molina as being one of the best catchers of all time.  It is his fielding ability behind the plate that has people calling him the GOAT.  He is an eight-time Gold Glove winner.  His most recent Gold Glove came during the 2015 MLB season.

While his hitting and catching ability are both impressive, the thing Yadi has to be most proud of are his World Series rings.  He has helped lead the Cardinals to two World Series titles in his career.  Molina played a critical role in helping the Cardinals win titles in both 2006 and 2011.

When it comes to getting paid, Yadier Molina is not shy about it.  He knows very well he is deserving of a top salary.  For the 2018 season, Yadi is the third highest paid catcher in the entire MLB and has the highest salary of any Cardinals player.

Just before the start of the 2017 MLB season, the Cardinals and Yadi agreed to a 3 year $60 million extension.  He is scheduled to make approximately $20 million in salary for the 2018, 2019, and 2020 seasons.  This extension has helped to greatly increase Yadier Molina’s net worth.

Molina is set to turn 36 years old this season.  With two more years remaining on his contract, he will be one of the oldest if not the oldest starting catcher in the MLB during the 2020 season.  Many have begun to wonder what the Cardinals plan to do after their catcher reaches retirement.  Currently, Yadi’s backup is a 28 year old named Francisco Pena who the Cardinals acquired during the offseason.

Even though Yadier Molina stays close to St. Louis during the baseball season, he still maintains a residence in Puerto Rico where he is from.  He has two older brothers, Benji and Jose Molina, both of whom had successful MLB careers of their own.

OTHER PROFESSIONAL ATHLETES NET WORTH

Kyle Korver’s Net Worth

Matt Ryan’s Net Worth

Drew Brees Net Worth

 

5 Biggest Warning Signs for Student Loan Debt

5 Biggest Warning Signs for Student Loan DebtAs a nation, America’s student debt load is reaching crisis proportions. The New York Federal Reserve puts the total student loan debt at over $1.52 trillion, with the delinquency rate over 11 percent.

Is your personal student loan situation nearing a similar crisis? Consider these five warning signs to assess whether you are handling your student loans responsibly or are on the road to potential default.

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Kyle Korver’s Net Worth

The Cleveland Cavaliers and Golden State Warriors are meeting yet again in the NBA Championship.  While we are all familiar with many of Golden State’s stars, Steph Curry, Kevin Durant, and Klay Thompson, many aren’t too familiar with the Cavs players.

Sure we all know of Lebron James and a few others, but if you are not a basketball fan, you might not have heard of Kyle Korver.  He comes off the bench for Cleveland, and Kyle Korver’s net worth sits at $20 million.

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Cleveland Cavalier Kyle Korver

Korver was traded to Cleveland during the middle of the 2016-2017 NBA season.  He is now playing in his second championship series with the Cavs.

A former second round draft pick in the 2003 NBA draft, Kyle is currently playing in his 15th season as a professional.  The 6’7″ Korver excelled in the early 2000’s as a member of the Creighton Bluejays basketball team.  In his senior season, he averaged nearly 18 points per game and shot 48% from three-point range and over 90% from the free-throw line.

He was selected 51st overall by the New Jersey Nets (now the Brooklyn Nets) but was eventually exchanged to the 76ers where he began his career.  While in Philadelphia, Kyle became a part time starter.  In the 2006-2007 season, he averaged a career high in points per game with 14.4.

Kyle has played for a total of five NBA teams.  The teams include the Philadelphia 76ers, the Utah Jazz, the Chicago Bulls, the Atlanta Hawks, and the Cleveland Cavaliers.  Only on one of these teams did he become a full time starter, and that was with the Atlanta Hawks.

Despite coming off the bench for the Cavs this season and being 37 years old, Korver’s numbers are right up there with his career averages.  His career averages in three-point percentage, 43%, and free-throw percentage, 88%, rank him among the top all time in the NBA.  In fact, in the 2009-2010 season while playing for the Jazz, Korver set and still holds the NBA record for highest three-point shooting percentage in a regular season.

Even though he hasn’t signed a massive contract like the ones seen today, Kyle Korver’s net worth can be mostly attributed to his $70 million in NBA career earnings.  He is currently earning $7 million this season for the Cavs, and he is expected to make around $7.5 million per season for the next two years according to his contract.

In the upcoming seasons, Kyle Korver’s net worth could close in on the $30 million mark.  However, in order for him to surpass that he will need to be playing until he is at least 40.

LINKS TO OTHER ATHLETE NET WORTHS

Matt Ryan’s Net Worth

Kenneth Faried’s Net Worth

Jason Witten’s Net Worth

Matt Harvey’s Net Worth

Jarvis Landry’s Net Worth

Why Aren’t 529 Educational Savings Plans More Popular?

Why aren't 529 educational savings plans more popular?
How do you plan to fund your children’s education? You’re probably counting on scholarships and grants, right?

Reliance on scholarships and grants is the highest in a decade, while college savings is on the decline, according to a new report from Sallie Mae.

Savings covers less than one quarter of collegiate funding for the typical family. As a result, one of the strongest educational savings programs – 529 plans – is being underutilized.
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10 Best States to Live in with a Bad Credit Score

Where You Can Make the Best of a Bad Credit Situation

10 Best States To Live In With A Bad Credit Score

It’s no fun having a bad credit score. You pay higher interest rates for your credit – if you can get credit at all. You have little room for financial error. A small, unexpected bill can cause big problems.

At least your hardships may not be as bad if you live in certain states.

RewardExpert, a site that helps users optimize credit and debit card reward programs, examined factors that affect residents with poor credit – such as typical expenses, usury laws to limit predatory lending, and the status of debt collectors – and how those factors vary in each state.

Where is bad credit more tolerable? Consumers with bad credit should avoid the coasts and stick to the Midwest – not surprising, given the typically high costs of living in coastal areas.
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Matt Ryan’s Net Worth

Summer is fast approaching and NFL football is many months away; however, that doesn’t mean there isn’t any news being made around the league.  Teams are now beginning their summer workouts.  Matt Ryan and the Atlanta Falcons, hope to return to the playoffs again this year with sights set on the Super Bowl.  Matt Ryan has had quite an offseason.  Matt Ryan’s net worth is now at $90 million.

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Falcons QB Matt Ryan

Most would agree that Matt Ryan is well on his way to the Hall of Fame.  The Falcons quarterback just completed his tenth NFL season, all of which have been in Atlanta.  A former number three overall pick in the 2008 NFL draft, Ryan has lived up to the hype.  The 33 year old has thrown for over 41,000 yards and 260 touchdowns during his tenure.  Although his stats fell last season, it was his 2016 Super Bowl run that helped seal him a gigantic contract this offseason.

Earlier this month, Ryan and the Falcons organization agreed to a five year $150 million contract extension.  This contract came a signing bonus of over $46 million.  It was this bonus that helped to jump Matt Ryan’s net worth to nearly nine figures.

Even though he just signed a large contract, Matt Ryan’s net worth got off to a hot start as soon as he was drafted in 2008.  His initial rookie contract was worth $67.5 million for the first six seasons.  Because of the consistent play he exhibited on a yearly basis, the Falcons extended their quarterback’s tenure with the team in 2013.  In 2013, he signed a five year deal valued at over $100 million.

After the 2018 NFL season, Matt Ryan’s career NFL earnings will top $200 million.  While it may sound absurd that any professional athlete will earn so much during their career, one must remember that athlete salaries have been trending steadily upward over the last decade.  One could make the point that Ryan has earned his keep.  He has been named to the Pro Bowl four times, and was awarded the 2016 NFL MVP.

The contract just extended to Matt Ryan will keep him in Atlanta until the quarterback turns 38.  We anticipate that after the 2022 season another contract extension will be worked out unless Ryan opts to retire.  If he is able to play through the end of his extension, Ryan’s career earnings will top $300 million and Matt Ryan’s net worth will easily be in the nine figure range.

Signing a large contract isn’t the only exciting news that has occurred for Matt Ryan over the offseason.  Matt and his wife welcomed twins.  Despite having two new mouths to feed, we can be assured that Matt has his financial situation worked out for his two new sons,

Long-Term Mortgage Rates Hit a Seven-Year High

It Will Cost You More to Buy a Home

Long term mortgage interest rates reach seven-year high
The housing market topped a new threshold over the past week. Buoyed by a strong economy and a series of interest rate increases by the Federal Reserve, thirty-year fixed mortgage interest rates reached 4.61 percent – the highest number since May of 2011.

Rates crossed the 4 percent threshold in the week of January 11 and they have been on a relatively steady rise since then. If this pace continues, we may hit 5 percent before the year is out.

Should rising interest rates deter you from buying a home? Not necessarily, but it may cause you to re-think your definition of an affordable home.
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Retirees Would Return to Work Under the Right Conditions

More Than Half Of Retirees Would Return to Work Under the Right Conditions

Are you planning to work in retirement? If so, is it because you need money? The recent American Working Conditions Survey (AWCS) from the Rand Corporation think tank suggests another reason – you want to be there.

A Rand brief on the AWCS survey compared working conditions and expectations of older workers (age 50 and up) to those of workers in their prime working years (ages 35 to 49).

Over half of those aged fifty and above who weren’t working or looking for work said they would return to work under the right conditions – but what are those conditions? Do they match up well with today’s workplace?
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Only 37% Of Millennials Have Retirement Accounts

 Few millennials Have Retirement Accounts -- New Study Shows Lack of Retirement Preparation
Who’s thinking about retirement when they’re young? Only about a third of millennials have retirement accounts.

They’re typically not a priority for young workers – but they should be. That’s precisely the time to take the greatest advantage of compounding interest by contributing as much as your fledgling budget can afford.

A new study from the University of Missouri suggests that millennials, the youngest working generation, are not sufficiently preparing for retirement.

Few Millennials Have Retirement Accounts

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