Mookie Betts Net Worth

What Is Mookie Betts’ Net Worth?

As of March 2025, Mookie Betts, the celebrated American professional baseball player, boasts a net worth of approximately $70 million. This substantial wealth is primarily attributed to his lucrative baseball career, endorsements, and strategic investments. His journey to becoming one of the highest-paid players in Major League Baseball (MLB) is marked by significant contracts and notable achievements.

Contracts and Career Earnings

Betts’ financial success is largely fueled by his impressive contracts and on-field performance. In July 2020, he inked a monumental 12-year contract extension with the Los Angeles Dodgers, valued at $390 million. This deal included a staggering $65 million signing bonus, which was one of the largest in MLB history at the time. This contract guarantees him an average annual salary of $32 million. By the time this contract concludes in 2034, Mookie Betts is projected to have earned $420 million in salary alone during his major league career.

Prior to this landmark deal, Betts’ contract history showcases a steady climb in earnings:

• 2017: Signed a one-year contract with the Boston Red Sox for $750,000.
• 2018: Agreed to a one-year $10.5 million contract with the Red Sox.
• 2019: Secured a one-year $20 million deal to remain with the Red Sox.
• 2020: Traded to the Los Angeles Dodgers and played under a two-year $60 million contract.

The $390 million extension, combined with the remaining $27 million from his original two-year contract with the Dodgers, brings the total contract value to nearly $420 million. This translates to approximately $3 million earned for every 16 games played. Mookie Betts’ net worth is significantly enhanced by these earnings.

Mookie Betts’ decision to maintain his residence in Tennessee throughout his career is a financially astute move, allowing him to avoid state income taxes on his earnings, potentially saving him over $40 million over the contract’s lifetime.

Early Life and Career Beginnings

Born Markus Lynn Betts on October 7, 1992, in Smyrna, Tennessee, his parents intentionally chose his initials, MLB, to align with Major League Baseball. His mother served as his first Little League coach, and he is related to former MLB player Terry Shumpert on his mother’s side. He attended John Overton High School in Nashville, Tennessee, where he excelled in baseball. During his junior year, he batted .548 with 24 steals. Mookie Betts initially committed to the University of Tennessee on a baseball scholarship.

In 2011, Betts was drafted by the Boston Red Sox in the 5th round of the Major League Baseball draft. He signed a $750,000 contract with the Red Sox, foregoing his commitment to the University of Tennessee. He debuted in 2011 with the GCL Red Sox in the rookie Gulf Coast League.

In 2012, he played with the Lowell Spinners in the New York-Penn League, typically as a shortstop or second baseman. In 2013, he began the season with the Greenville Drive of the Class A South Atlantic League, where he achieved a 19-game hitting streak and was selected for the South Atlantic League All-Star Game. Subsequently, he was promoted to the Salem Red Sox in the High A Carolina League. At the end of the season, he was named Offensive Player of the Year and Breakout Player of the Year in the Boston minor league system, marking significant milestones in his early career. These early successes laid the foundation for Mookie Betts’ future net worth.

MLB Career Highlights

Mookie Betts’ ascent to MLB stardom is marked by numerous achievements and accolades:

• 2014: Promoted to the Red Sox in June, making his MLB debut. He recorded his first major league hit against the Yankees and hit his first home run in July.
• 2014: Hit his first career grand slam against the Rays in August. At 21, he became the youngest Red Sox player in 49 years to hit a grand slam.
• 2015: Hit a home run on Opening Day, becoming the third-youngest player to achieve this.
• 2016: Selected to the MLB All-Star Game for the first time and named AL Player of the Month for July.
• 2018: Named American League MVP after leading the Red Sox to a World Series win. He became the only player in American League history to win the World Series, a Gold Glove Award, a Silver Slugger Award, and the AL MVP in the same season.
• 2020: Traded to the Los Angeles Dodgers.
• 2021: Selected to the National League All-Star Team.
• 2022: Hit his 200th career home run in July.

These milestones have not only solidified Mookie Betts’ reputation as one of baseball’s premier players but have also significantly contributed to his financial prosperity and Mookie Betts’ net worth.

Real Estate Investments

Mookie Betts has made strategic investments in real estate, further bolstering his net worth. In November 2020, he purchased a home in Encino, California, for $7.6 million from football coach Chip Kelly and his wife, Jill Cohen. This property was listed for sale in February 2023 for $10 million and later reduced to $8.5 million in October 2023. The property features a modern design, expansive living spaces, and high-end amenities, reflecting Betts’ taste for luxury and investment acumen.

In December 2023, Betts acquired a new property in Encino for $15 million. This acquisition underscores his continued investment in the Southern California real estate market.

Personal Life

Mookie Betts married his longtime girlfriend, Brianna Hammonds, in December 2021 in Palos Verdes, California. They have a daughter born in November 2018. They maintain residences in Franklin, Tennessee, and Encino, Los Angeles. In 2021, Betts announced he had become vegan, reflecting his commitment to health and ethical living.

Betts is known for wearing necklaces during baseball games, a habit that began after receiving one from a 13-year-old fan in 2018. This personal touch has become a signature part of his on-field persona. Mookie Betts’ off-field choices also subtly contribute to his overall brand, indirectly impacting his Mookie Betts’ net worth.