How Much Is Miguel Cabrera Worth
Miguel Cabrera, the renowned Venezuelan professional baseball player, has achieved tremendous financial success throughout his career, making him one of the wealthiest MLB superstars. With a net worth of $145 million, Cabrera’s journey from humble beginnings to sporting greatness has propelled him to incredible heights of wealth and recognition.
Known affectionately as “Miggy,” Cabrera has established himself as a dominant force in Major League Baseball (MLB). With two American League MVP titles and 11 MLB All-Star selections to his name, Cabrera’s impact on the sport is undeniable. One of his most significant achievements came in 2012 when he became the 17th player in MLB history to win the prestigious triple crown, a feat that showcases his exceptional talent and skill.
Starting his MLB career in 2003 as part of the Florida Marlins, Cabrera’s formidable performance caught the attention of the baseball world. In 2007, he was traded to the Detroit Tigers, where he continued to excel as a formidable player. Cabrera’s consistency and excellence at the plate have been key to his financial success. In 2013, he achieved a career-high batting average of .348, further solidifying his prowess as a hitter.
Aside from his on-field accomplishments, Cabrera’s lucrative contracts and endorsement deals have significantly contributed to his impressive net worth. In 2008, he signed an eight-year contract with the Detroit Tigers worth $150 million, solidifying his status as one of the highest-paid players in the league. This was followed by another lucrative contract extension in 2016, totaling $248 million over eight years. With annual earnings of $30 million, Cabrera has firmly established himself as a financial powerhouse.
Miguel Cabrera’s journey from Venezuela to MLB stardom, coupled with his exceptional financial success, showcases his unwavering dedication and remarkable talent. His net worth is a testament to the impact he has made on the sport and his ability to translate his skills into significant financial rewards.
Early Life and Career of Miguel Cabrera
Miguel Cabrera, born on April 18th, 1983 in Maracay, Venezuela, showed a passion for baseball from a young age. He was drafted by the Florida Marlins as an amateur free agent at the age of 16.
Cabrera made his professional debut in 2000 and steadily progressed through various minor league teams, eventually finding success as a third baseman with a batting average of .365.
He made his MLB debut in 2003 with the Florida Marlins and made an immediate impact, helping the team win the World Series title.
Cabrera continued to excel, earning All-Star selections and finishing as a runner-up in MVP voting on multiple occasions. His career highlights include winning the Triple Crown in 2012 and reaching 3,000 hits in 2022.
Miguel Cabrera’s Personal Life and Legal Issues
Off the field, Miguel Cabrera, the renowned Venezuelan professional baseball player, has faced his fair share of personal challenges. Cabrera is married to Rosangel Cabrera, and together they have three children. However, their relationship has encountered difficulties, including a reported divorce filing in 2017.
In addition to personal relationship issues, Cabrera has also dealt with legal troubles throughout his career. In 2009, he was involved in a domestic incident, which created a public controversy. In 2011, Cabrera faced a DUI arrest, which further added to his legal issues.
Furthermore, Cabrera was embroiled in a paternity lawsuit with his former mistress, resulting in increased child support payments. These legal battles have undoubtedly posed significant challenges for Cabrera and his personal life.
Despite these personal and legal setbacks, Cabrera has managed to stay focused on his career and on-field success. His dedication and unwavering commitment have allowed him to accumulate substantial wealth, contributing to his impressive net worth.
Miguel Cabrera’s Salary and Real Estate Holdings
Miguel Cabrera, the highly talented MLB superstar, has not only achieved great success on the field but has also amassed significant wealth throughout his career. Known for his exceptional skills and incredible batting average, Cabrera has secured lucrative contracts and endorsements, making him one of the highest-paid athletes in the league.
In 2008, Cabrera signed an eight-year, $150 million contract with the Detroit Tigers, establishing himself as one of the highest earners in baseball. He later penned a contract extension worth an astounding $248 million over eight years, further solidifying his financial status in the sport. With a single-year income of $30 million, derived from his salary and various endorsement deals, Cabrera’s career earnings are truly remarkable.
Aside from his impressive salary, Cabrera also holds valuable real estate assets. In 2015, he purchased a lavish property in Grosse Pointe Farms for a substantial $3.2 million. Additionally, in 2016, he listed his home in Birmingham for $2 million, showcasing his astute investment in real estate. These investments contribute to his overall net worth, enhancing his financial portfolio beyond the realm of baseball.
The ‘Miggy’ phenomenon encompasses not just his extraordinary baseball talent but also his well-deserved financial success. With noteworthy earnings throughout his career and astute investments in real estate, Miguel Cabrera’s net worth is a testament to his hard work and entrepreneurial spirit.
