What is the net worth of Giancarlo Stanton?

Who does the richest contract in all of professional sports belong to?  The answer is none other than New York Yankees player Giancarlo Stanton.  The 28 year old is spending his first full season with the Yankees organization after being traded from the Miami Marlins this offseason.  Before leaving Miami, Giancarlo signed the largest sports contract valued at $325 million over 13 years.  What is the net worth of Giancarlo Stanton?  Giancarlo Stanton’s net worth currently sits at $15 million.

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NY Yankee Giancarlo Stanton

Drafted in the second round of the 2007 MLB draft, Stanton spent the first few years of his professional career in the Marlins minor league organization.  Giancarlo was eventually called up during the 2010 season and had been on the Marlins roster ever since.  That is until the New York Yankees came calling.

In December 2017, the Yankees sent three of their players to Miami in exchange for Giancarlo and $30 million cash.  The $30 million was to help pay for his salary.  Stanton is scheduled to make $25 million this season, tops on the Yankees roster; however, that salary is a mere 13th in overall value for the 2018 season when compared to the rest of Major League Baseball.

So what is the net worth of Giancarlo Stanton?  As stated earlier, it currently sits at $15 million; however, it has the chance to increase dramatically over the next few years.  Giancarlo is scheduled to make $25 million this season and $26 million for both the 2019 and 2020 seasons.  These three years total up to $77 million in earnings.  By the end of the 2020 season, Giancarlo Stanton’s net worth could reach in excess of $40 million.

After the 2020 season, Stanton will have eight years remaining on his current contract with the first seven years being a player option.  If he is able to complete the full 13 years of his contract, Giancarlo Stanton’s net worth could climb to as high as $150 million.  At that point he would easily be one of the top earners among professional athletes.  Since Major League Baseball contracts tend to be fully guaranteed, there is a high probability that his net worth will touch the nine figure mark.

Based on the amount of salary Giancarlo is demanding throughout his contract, it is obvious the Yankees are hoping he produces at a high level.  In his first game at Yankee Stadium in uniform this season he was booed by the local fans.  He followed this up the following day with a home run and quickly earned his spot among the New York faithful.

Stanton has the physical prowess needed to be a professional athlete.  At 6’6” in height and 245 pounds, he was a three sport athlete in high school out in California.  Although he accepted a baseball scholarship at Tulane, he opted to instead enter into his professional baseball career and the $475,000 signing bonus that came along with it.

 

 

Kirk Cousins Net Worth

We are currently in the middle of the NFL offseason.  It’s been just over a month since the Super Bowl, where the Philadelphia Eagles knocked of the New England Patriots.  The offseason in the NFL is when deals are made and players get paid.  Right now a player everyone has their eyes on is Kirk Cousins.  Cousins is a six year veteran in the NFL with all six of those seasons being spent with the Washington Redskins.  The Redskins drafted Kirk 102 overall in the 2012 NFL draft.  He played out his initial four year contract and has since accepted and played out two additional single year contracts.  Last year Cousins made close to $24 million leading the team.  The salaries from his previous two seasons have given rise to Kirk Cousins net worth which currently sits at $18 million.

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NFL QB Kirk Cousins

Cousins, 29, was a three year starter in college for the Michigan State Spartans.  He wasn’t a highly touted recruit coming out of high school or college and slipped into the fourth round of the 2012 NFL draft.  When Cousins was drafted by the Redskins, he signed an initial deal valued at $2.5 million for four years.  This is a typical offer for someone who gets drafted in the fourth round where he did.  However, impressive play led the Redskins to do something that isn’t very common in the NFL.  Instead of working on a multi-year contract extension with their QB, Washington decided to give him not one, but two one-year extensions.  These extensions meant that if Cousins wanted a big payday he would have to play well.  It also meant that the Redskins weren’t committed to a quarterback if he didn’t perform at a high level.

Kirk Cousins has been the starting quarterback for the Redskins for the past three seasons.  His numbers over that time have been quite impressive.  In each of those three seasons he has thrown for at least 4,000 yards, 25 touchdowns and has maintained a passer rating of at least 93.  His consistent play has made him attractive to many teams this offseason.  The Redskins have missed their chance to sign the QB to a long term deal, thus he is now looking on the free agency market.  With very big recent contracts being negotiated for quarterbacks, Cousins could possibly be looking at a four or five year deal that would pay him approximately $25-$29 million in average annual salary.

In the very near future, Kirk Cousins net worth will see a major boost.  His new contract will likely come with a large signing bonus that will sharply increase his net worth.  We can conservatively expect Kirk Cousins net worth to increase to at least $50 million over the next few years.  Even with this new found wealth, some might wonder if he will ever upgrade his van that he purchased years ago from his grandmother.  With his frugal mentality and top-notch ability to lead an NFL team, a big payday and a big net worth are in Kirk Cousins immediate future.

Budget Smart, Invest Wise

Jordan Peele’s Net Worth

Jordan Peele is a 39 year old actor and comedian who has been around Hollywood for a number of years.  He is most widely known for his show on Comedy Central called Key and Peele, where he co-stars with Keegan-Michael Key.  Born and raised in New York City, Jordan dropped out of college to pursue his comedy career.  A move that has paid countless dividends and given Peele his current net worth.  Jordan Peele’s net worth sits at $14 million.

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Jordan Peele

Peele has been cast into the spotlight recently for his directing work in the recent hit, Get Out.  It was the first film he directed by himself and has received four nominations for the 90th Academy Awards.  The four nominations include, Best Picture, Best Director, Best Original Screenplay and also Best Actor for the film’s lead, Daniel Kaluuya.  Many believe that the success of this film will add greatly to Jordan Peele’s net worth.

Jordan Peele has spent his acting career appearing in several movies including Little Fockers and Wanderlust just to name a few.  The main source of his net worth comes from the work he does on various shows.  He has done many voice overs for characters of TV shows including Robot Chicken, Bob’s Burgers, and American Dad!  He is mostly recognized for the show he helped create, Key & Peele.  On the show, he and his co-star Keegan-Michael Key do various sketches that poke fun of modern day society.  They are seen here below doing a skit aimed to make fun of NFL players who often announce their colleges before a nationally televised game.

At 39 years of age, Jordan Peele is fairly young in terms of his acting career.  He has many promising years ahead of him not only on the TV screen, but also in the director’s chair.  While Jordan Peele’s net worth currently sits at $14 million, it could get a massive boost in the coming years if he decides to take on directing full time.  We have seen first hand the talent he has when it comes to creating shows, but the whole world now can see his ability to create a box office hit.

Often times celebrities are cast into the spotlight whether they like it or not, but Jordan manages to keep a relatively low profile.  He is married to his wife Chelsea and the two have one son together.  The couple secretly eloped back in 2016 away from the cameras.

 

Jimmy Garoppolo’s Net Worth

In professional sports, salaries keep going up and up each and every year.  Whether it’s in the NBA, MLB, NHL or NFL, professional teams are making their athletes richer than ever before.  Jimmy Garoppolo is now the newest recipient to join this club thanks to his most recent contract.  Jimmy had been a long time backup to future hall of famer Tom Brady, but during the 2017 NFL season, he got traded to the San Francisco 49ers.  Once being traded to San Francisco, Jimmy helped lead the team to five straight victories to finish the season.  The momentum the team finished the season with was enough for them to extend him the highest valued contract in NFL history to its point.  Jimmy Garoppolo’s net worth currently sits at $1.5 million.

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San Francisco Quarterback Jimmy Garoppolo

 

 

 

 

 

 

 

 

To say Jimmy’s new contract is massive is an understatement.  The contract is valued at $137.5 million over five years.  This comes out to an average annual salary of $27.5 million per season.  So if Jimmy just signed this large contract, why is his net worth just north of $1 million?  That is because he has been living off his initial contract he signed when he got drafted in the second round by the New England Patriots.  Jimmy’s first contract was for $3.5 million over four years.  However, just after one full season with the 49ers, we can expect Jimmy Garoppolo’s net worth to jump to a staggering $15 million.  This is because his new contract includes a $35 million signing bonus that he will receive once his contract takes effect.

Garoppolo played in six games for the 49ers during the past season.  Although his numbers weren’t impressive statistically, the winning nature he brought to the organization is what ultimately scored him his big deal.  He threw for seven touchdowns and five interceptions over the stretch, but led the team to three wins over playoff contenders.  It was clear that Jimmy was ready for his time to shine.  He spent the first nearly four years of his NFL career playing in a backup quarterback role for the New England Patriots.  The most action he saw during any season came in 2016 when he filled in while Tom Brady was serving his suspension.  Drafted 62nd overall in the 2014 NFL draft, many believed that Jimmy was destined to be Brady’s replacement when he retired; however, that time never came.

The way Jimmy’s current contract is structured gives San Francisco the option to cut ties with the up and coming QB after three seasons if things don’t pan out.  Garoppolo’s contract has over $74 million dollars of guaranteed money.  If he is able to complete all five years on his contract, we can expect Jimmy Garoppolo’s net worth to increase to nearly $50 million.  With so much money, one has to wonder, will Jimmy be budgeting the way he used to?

Budget Smart, Invest Wise

 

 

Nick Foles Net Worth

The Philadelphia Eagles are heading to the Super Bowl.  Although they have been led all year by quarterback Carson Wentz, Nick Foles has been able to fill in and navigate the team through the playoffs.  When Wentz went down with a torn ACL, many didn’t give the Eagles much of a chance.  In fact, the Eagles are going to be an underdog in all three of their playoff games.  Regardless of the outcome at the Super Bowl, Nick Foles has proven his worth not only as a backup put as a potential starting QB in the league for next season.  Finishing up his seventh year in the league, Nick Foles net worth sits at $6 million.

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Eagles QB Nick Foles

Drafted by the Eagles 88th overall in the 2012 NFL draft, Foles has spent his NFL career with a total of three teams.  He spent the first three seasons of his professional career in Philadelphia before being traded to the Rams in a quarterback exchange.  He signed a two year contract with the Rams valued at over $24 million, but he never lived up to the hype they had hoped for.  He was eventually released and signed with Kansas City.  After a one year stint with the Chiefs, Foles found himself on the free agent market and got a call from his old team.  Philadelphia had just used their top pick to draft franchise quarterback, Carson Wentz, so many were convinced that Foles would fit nicely into a backup role.  His most recent deal with the Eagles would net him an additional $11 million in earnings over the next two seasons.

Nick Foles career earnings in the NFL have now reached almost $20 million.  Nick Foles net worth can be attributed to these earnings which we can predict should be flowing in for years to come.  The rate of those earnings are the biggest question mark though.  Foles postseason success has many wondering if he could land with a different NFL team next season.  His experience and proven leadership could be an asset to many other organizations.  If Foles is able to convince the Eagles to trade him (he still has one year remaining on his contract), then he could demand upwards of $20 million a year in salary.

Regardless of what happens this offseason with Nick Foles one thing is for sure, he is now leading the Eagles into the biggest game of his career.  A Super Bowl victory against the Patriots for a backup QB is a monumental milestone.  I’m sure Nick is focused on the game instead of his future earnings, but if Nick Foles does get traded he could sign a big contract which could greatly increase Nick Foles net worth.  We will have to see what happens, but as they say in Philly, “Fly Eagles Fly”.

Drew Brees Net Worth

The 2017-2018 NFL season came to an abrupt end this past weekend for the New Orleans Saints.  They appeared to be well on their way to a victory and play in the NFC Championship game until the Minnesota Vikings scored a touchdown on the last play of the game.  The Saints were led by stellar quarterback play in the second half from their leader Drew Brees.  Brees just finished up his 17th season in the NFL.  The majority of his career has been spent in New Orleans.  The completion of this past season has made Drew Brees a free agent, but many expect for the Saints QB to return.  Due to his successful NFL career, Drew Brees net worth sits at $80 million.

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Drew Brees

Drafted in the early second round of the 2001 NFL draft, Brees spent the first five seasons of his NFL career with the San Diego Chargers.  The Chargers selected Brees after a successful college campaign he had at Purdue.  A three year starter, Brees threw for 90 touchdowns and nearly 12,000 yards during his college career.  Upon being drafted in 2001, Drew Brees signed his first NFL contract which was for four years and worth $3.6 million.  Solid play eventually led him to reach a deal with the Saints after his fifth year in the league.  This deal and subsequent deals would eventually lead to the rise of Drew Brees net worth.

Brees has had a very successful NFL career to say the least.  He led the Saints to their first Super Bowl in franchise history in Super Bowl XLIV and was named the MVP.  He is an 11-time pro bowl selection to go along with a plethora of other awards from the league including the Walter Payton NFL Man of the Year award in 2006.  He is currently third in all-time passing yards with over 70,000.  He will most likely gain the lead if he is able to play at least one more season which he plans to do.  His 488 passing touchdowns tie him for third all time.

Because of his on the field success, the majority of Drew Brees net worth comes from his NFL earnings, which are nearing $200 million.  If he hopes to eclipse the $200 million mark for net earnings he will have to ink a deal this offseason.  Brees is currently an NFL free agent, but many expect him to resign with the Saints sometime in the near future.

Brees is married to his college sweetheart and the couple has four kids together.  Brees and his wife are very involved with the New Orleans community and in 2003 they established the Brees Dream Foundation.  The foundation does a number of charitable acts including support for cancer patients and also helping with rebuilding efforts after Hurricane Katrina.

 

Dez Bryant’s Net Worth

As the NFL regular season comes to an end some teams are busy fighting for a playoff spot; however, one team that isn’t in the playoff hunt is the Dallas Cowboys.  After showing much promise during the 2016 season, the Cowboys took a step back in 2017.  Their top receiver, Dez Bryant, has also taken a few steps back in recent years.  Slowed down by injuries, Bryant hasn’t recorded a 1,000 yard season receiving since the 2014 season.  Despite his struggles in recent years on the field, Dez’s bank account probably isn’t suffering too much.  Dez Bryant’s net worth is $20 million.

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Dez Bryant’s Net Worth

A first round draft pick during the 2010 NFL draft, Bryant got off to a hot start in his professional career.  His rookie season included over 500 yards receiving and six touchdowns.  He continued to develop as an NFL threat and posted nine touchdowns and nearly 1000 yards during his second season with the Cowboys.  Over the 2012 to 2014 NFL seasons Dez Bryant solidified himself as one of the top receivers in the league.  He posted at least 1200 yards receiving and twelve touchdowns each season during those three years.  It was these dominating numbers that justified the Cowboys extending a $70 million contract over five years to the big wideout.

Although small compared to today’s professional sports standards, Dez’s first contract with the Cowboys was worth $11.8 million over five years.  This initial contract included a signing bonus of nearly $2 million.  Had Dez not had the success he showed during the first five seasons of his NFL career, then Dez Bryant’s net worth wouldn’t be anywhere near the $20 million mark it is today.  The Cowboys did decide to reward Dez for his on the field efforts during the 2015 offseason.  They extended him a $70 million contract where the total guaranteed amount was $45 million and a signing bonus of $20 million; almost double of his entire first contract.

Injuries have plagued the superstar in recent years since signing the big contract.  In the past 3 seasons, Bryant has failed to post a single 1000 yard or ten touchdown season.  Bryant is expected to earn a salary of $12.5 million per year over the next two years of his contract.  It will be interesting to see where the Cowboys will go with their franchise receiver.

The majority of Dez Bryan’ts net worth comes from his NFL salary, although he does have a few endorsement deals that do add to it.  Before making it big as an NFL superstar, Bryant was born and grew up in Texas.  An incredible athlete in high school, Bryant was a top football recruit who eventually landed a scholarship to play at Oklahoma State.  His college football career ended abruptly after it was shown he failed to disclose to the NCAA contact he had with Deion Sanders.  Regardless of his ineligibility, it was clear Bryant was a star as he posted fantastic numbers during his sophomore campaign.

Albert Pujols’ Net Worth

Just because the NFL, NBA, and NHL are in full swing doesn’t mean the MLB is dormant this winter.  In fact, deals are being made year round in baseball.  The Los Angeles Angels just announced the signing of a Japanese phenom, Shohei Ohtani, to their roster.  A pitcher by trade with a 100 mph fastball, Ohanti also has the ability to swing the bat; however we will be focusing on another player on the Angels roster today, Albert Pujols.  Albert is a seventeen year veteran in the MLB and is on his way to the Hall of Fame.  His success on the diamond has led to Albert Pujols’ net worth to be $100 million.

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In January of next year, Albert Pujols will turn 38.  Although he might be nearing the end of his MLB career, he still has four years remaining on his current contract with the Los Angeles Angels.  Pujols emerged onto the MLB scene back in 2001 when he made his rookie debut with the St. Louis Cardinals.  He spent the first eleven seasons of his professional career with the Cardinals where he helped lead the organization to two World Series titles.  Pujols has been tabbed an All-Star ten times during his career, nine of those came while he played in St. Louis.  After leading the Cardinals to the 2011 World Series Championship, Albert became a free agent and eventually signed a massive contract with the Angels.  The contract, $240 million over ten years, would give a significant increase to Albert Pujols’ net worth.

Many experts believe that Albert Pujols is destined for the Hall of Fame.  Throughout his seventeen year career, he has over 600 home runs and nearly 2000 RBI’s (Runs Batted In).  On top of that, his career batting average currently sits above .300.  In addition to his incredible performances behind the plate, Albert is also known as a superb fielder.  He has been the recipient of two Gold Glove awards which is annually given to players who exceed at their respective fielding positions in both the National League and American League.

The majority of Albert Pujols’ net worth comes from his nearly two decade long success on the baseball field.  His career earnings in the MLB are over $240 million, and he is expected to earn an additional $114 million over the next four years of his contract with the Angels.  With these future earnings being almost a sure thing, we can expect Albert Pujols’ net worth to increase by at least another $50 million over the next four years.

Albert and his wife, Deidre, have been married for nearly eighteen years and the couple has a total of five children.  In 2005, they started the Pujols Family Foundation which supports families who are affected by Down syndrome.

Tyrod Taylor Net Worth

As kids, many of us grew up hoping to play sports at the professional level.  I vividly remember playing backyard football and keeping up with my stats like I had a million dollar contract to prove my worth.  In reality, very few of us actually make it; however, Tyrod Taylor is different.  Growing up in Virginia, Tyrod excelled as an athlete from a young age.  He was a three sport athlete in high school and played multiple positions on the football team.  His stellar play in high school led to football scholarships and Tyrod eventually signed with Virginia Tech.  Athleticism and determination have helped give Tyrod Taylor net worth a value of $10 million.

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In college, Taylor started 42 of 50 games during his four year career.  He amassed 50 passing touchdowns along with another 23 rushing touchdowns in his tenure.  During his senior season, he was named the ACC Player of the Year.  He led his Hokies to the ACC Championship game that season, where they knocked off the Florida State Seminoles.  In the 2011 NFL draft the following year, he would be selected 180th overall by the Baltimore Ravens.  While his first four seasons at Baltimore were mainly spent in the backup role, he would eventually become a starter when he signed with the Buffalo Bills in 2015.  A strong showing during the 2015 season with Buffalo eventually led to Tyrod signing an enormous contract with the Bills.  This contract was worth $90 million over five years and would significantly add to Tyrod Taylor net worth.

The 2016 NFL season didn’t go as well as Tyrod or the Bills had hoped.  Tyrod’s play was average, but the Bills had another losing record which led to the firing of head coach Rex Ryan.  A clause in Tyrod Taylor’s contract made it so Buffalo didn’t have to pay him the remaining four years of his original five year $90 million contract, which they didn’t.  Instead, the organization decided to restructure the deal, and in March of 2017 it was eventually altered to 2 years for just $30 million.

Despite throwing 48 touchdowns to only 15 interceptions from 2015 through the first 10 games of 2017, Taylor has yet to solidify his starting spot among the coaching staff.  Yesterday, Tyrod did earn his starting role back against the Kansas City Chiefs.

By the end of the 2017 NFL season, Tyrod Taylor’s net earnings through the league will exceed $27 million.  More than half of that amount is being earned during this season through his salary and signing bonus.  If Tyrod can get back on track and lead the Bills to numerous wins down the stretch, he may be able to solidify himself as a staple in the team’s locker room.  A good end to the season means that Tryod can expect the Bills to exercise their option for the 2018 season, where he’ll be due roughly $16 million.  Stellar play towards the end of the season is the best way for Tyrod Taylor net worth to continue to increase in the years to come.

Is a $250K Net Worth at 28 Possible?

I often write a number of net worth pieces on athletes, coaches and other famous individuals, but what about the rest of us who aren’t worth millions?  Your age and net worth should have a positive correlation, the older you get the better the opportunity to build your net worth.  That is why I pose the question, is a $250,000 net worth before you are 30 even possible?  The answer is yes!

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Net Worth Formula

We are familiar with young stars such as Justin Bieber, Rihanna, and Andrew Wiggins having a net worth in the high millions, but what about the rest of us?  Let’s first talk about what net worth actually means.  As is illustrated in the image above, net worth is calculated with a simple equation.  You take all of your assets (house, retirement accounts, cars, etc.) and from that you subtract all of your liabilities (mortgage, debts).  The resulting equation will equal one’s net worth.

As previously stated, net worth tends to increase the older you get.  That is why I am looking forward to my future net worth.  At 28 years of age, my net worth already exceeds a quarter of a million dollars.

How have I been able to build a $250k net worth?

There were a number of smart financial decisions I made in order to build my wealth in such a short period of time.  When I began my first job at the age of 23 (just five years ago), I had a negative net worth.  There were student loans I had to pay back, and after being in college for four years I didn’t have a chance to save much money.  I focused on paying off my debts, in this case my student loans.  Getting out of debt is crucial to building one’s net worth.

The next thing I focused on to build my net worth was by budgeting and investing.  The focus of this blog today is still the same as it was when I began it three years ago, budget and invest.  You can still download a free monthly budget template on this site.  Budgeting allowed me to focus on paying off my debts while also helping me determine how much money I could save in a given month.  This process helped me towards my $250k net worth that I am seeing today.

The final step was focusing on my earning potential.  I switched jobs a couple times, each time to a position that paid me more than the previous.  I also, turned my house purchase into a cash flow positive rental property.  By increasing my earning power and paying off my debts I have now been able to save more than ever before.

Each person’s financial situation is different.  There are plenty of individual’s in their twenties who are worth a lot more than me and there are also plenty that are worth a lot less.  I was once told long ago that you cannot focus on someone else’s earnings and net worth, you have to focus on your own.  After all, only you can control your financial decisions.

Budget Smart, Invest Wise