Net Worth Ranker
What Is Jorge Posada’s Net Worth?
Jorge Posada, the celebrated Puerto Rican former professional baseball catcher, has accumulated a substantial net worth of $70 million. This financial standing is primarily a result of his illustrious 17-season career with the New York Yankees in Major League Baseball (MLB).
Career Earnings and Baseball Success
During his tenure in the MLB, Jorge Posada amassed significant career earnings, totaling approximately $117 million in salary alone. This figure represents his compensation from the New York Yankees over the course of his professional baseball career. Posada’s on-field performance and contributions to the team led to multiple contract agreements, contributing substantially to his overall net worth. Posada played 17 seasons with the MLB’s New York Yankees, where he secured five Silver Slugger Awards and four World Series titles. Notably, between 2000 and 2011, he achieved more home runs and RBIs than any other catcher in the MLB, marking a significant accomplishment in his professional baseball career. He also played 111 games during the World Series-winning 1998 season before re-signing with the Yankees in 1999.
Early Life and Baseball Beginnings
Born on August 17, 1970, as Jorge Rafael Posada Villeta in San Juan, Puerto Rico, to a Dominican mother and a Cuban father. Posada’s journey to professional baseball began at Alejandrino High School, where he showcased his athletic talent across various sports, including baseball. After high school, Posada’s path took him to Calhoun Community College in Decatur, Alabama. There, under the guidance of head coach Fred Frickie, he honed his baseball skills and earned recognition as the best hitter in 1990. In the 1990 MLB draft, Posada was drafted by the New York Yankees as an infielder.
In his first professional season, he played second base with the minor league Oneonta Yankees, recording a .235 batting average with four home runs. In 1992, Posada transitioned to the catcher position while playing for the Greensboro Hornets, where he finished the season with a .277 batting average, 12 home runs, and 58 RBIs. He began the 1993 season with the Prince William Cannons, hitting 17 home runs, which earned him a promotion to the Albany-Colonie Yankees. In 1994, Posada was promoted to the Columbus Clippers, where he played for the subsequent two years, further refining his skills and preparing for his eventual debut in the major leagues.
MLB Career with the New York Yankees
Posada made his MLB debut with the Yankees in 1995 in the ninth inning of a September game. Though he only played in that one game during the regular season, he was included on the Yankees’ postseason roster and played in Game 2 of the ALDS. In 1996, Posada appeared in eight games, and despite not being in the postseason, he was awarded a championship ring after the Yankees won the World Series at the end of the year. The following season, Posada participated in 60 games, achieving a .250 batting average with six home runs. Progressing to the ALDS, the Yankees were defeated by the Cleveland Indians. Posada’s performance improved in 1998, as he batted .268 and recorded 17 home runs and 63 RBIs. Again reaching the postseason, the Yankees went all the way to another World Series title. The team continued their success by winning two more consecutive World Series in 1999 and 2000. During the latter year, Posada received his first of five Silver Slugger Awards. After returning to the World Series in 2001, the Yankees were eventually defeated by the Arizona Diamondbacks. In 2002, the team reached the ALDS, where they were defeated by the Anaheim Angels. Posada had one of his best seasons in 2003, hitting a career-high 30 home runs and batting .281. The Yankees once again reached the World Series but lost to the Florida Marlins. In 2004, the team was defeated by the Boston Red Sox in the ALCS, and in 2005, they lost to the Angels in the ALDS.
Posada’s 2006 season was his best since 2003, with a .277 batting average, 23 home runs, and 93 RBIs. However, 2007 proved to be an even stronger year, with Posada batting .338 and recording career highs in hits (171) and doubles (42). He capped it off with his fifth and final Silver Slugger Award. After re-signing with the Yankees in the offseason, Posada was placed on the disabled list for most of the 2008 season. Returning in 2009, he was involved in a major brawl with Toronto Blue Jays pitcher Jesse Carlson, resulting in both players being suspended for three games. Despite the setback, Posada joined the Yankees for the postseason and their World Series victory over the Philadelphia Phillies. In 2010, Posada notched his 1,000th career RBI in a game against the Kansas City Royals. He finished the regular season batting .248 with 18 home runs and went on with the Yankees to the ALCS. In 2011, his final year in the MLB, Posada recorded a .235 batting average with 14 home runs and 44 RBIs. He advanced with the Yankees to the ALDS, where they lost to the Detroit Tigers. Posada decided to retire in early 2012. These milestones and consistent performance contributed significantly to his financial success and net worth.
Philanthropic Efforts and the Jorge Posada Foundation
Beyond his baseball career, Jorge Posada has demonstrated a strong commitment to philanthropy. He established the Jorge Posada Foundation, which focuses on supporting research and awareness efforts related to craniosynostosis, a birth defect. Posada founded the Jorge Posada Foundation to fund research. He also released a charity wine and penned an autobiography entitled “The Beauty of Love: A Memoir of Miracles, Hope, and Healing.” These activities, while primarily driven by charitable intent, can also contribute to Posada’s public image and potentially influence his overall financial standing.
Real Estate Investments
Posada’s investment portfolio includes notable real estate holdings. In 2010, Jorge and his wife acquired an oceanfront mansion in the Old Cutler Bay community of Coral Gables for $6.25 million. This expansive residence features seven bedrooms and nine bathrooms, spanning nearly 12,000 square feet of living space. The Posadas listed the home for sale in September 2022 for $19.9 million. Previously, the Posadas owned a 9,000-square-foot mansion on two acres in Tampa, which they custom-built in 2003. This property was sold in 2021 for $3.5 million after initially being listed in 2016 for $6 million. These real estate transactions contribute to understanding the assets that factor into Jorge Posada’s net worth.
Personal Life
Posada married softball pitcher Laura Mendez in early 2000; they had met a few years earlier on the field when Posada was umpiring in women’s softball games, and later crossed paths at a party. Mendez went on to become an attorney. The couple has two children named Jorge and Paulina. Jorge was born with the birth defect craniosynostosis.
