Net Worth Ranker
What Is Dustin Pedroia Net Worth?
Dustin Luis Pedroia, a retired American professional baseball player, has an estimated net worth of $45 million. This wealth is primarily attributed to his successful 14-season career in Major League Baseball (MLB) as a second baseman for the Boston Red Sox.
Early Life and Career Beginnings
Born on August 17, 1983, in Woodland, California, Dustin Pedroia learned the value of hard work from his parents, Guy and Debbie, who owned a tire shop. He followed in his elder brother Brett’s footsteps and pursued baseball. Pedroia’s journey to the MLB began when he was drafted by the Boston Red Sox in the second round (65th overall) of the 2004 MLB draft. He received a $575,000 signing bonus. He honed his skills in the minor leagues, playing for teams such as the Augusta GreenJackets, Sarasota Red Sox, Portland Sea Dogs, and Pawtucket Red Sox. Before turning pro, Dustin was a standout player at Arizona State University, earning several accolades, including being a three-time First-Team All-Pac 10 selection.
MLB Career and Contract Details
Dustin Pedroia made his MLB debut with the Boston Red Sox on August 22, 2006. During his career, he solidified his position as a high-caliber fielder and team leader. He was recognized with All-Star awards four times, won four Gold Glove Awards, and received two Fielding Bible Awards. Pedroia’s financial success is significantly tied to his contracts with the Red Sox. On December 3, 2008, he signed a six-year contract extension worth $40.5 million, which included a team option for 2015 worth $11 million. A defining moment in his career was the eight-year, $110 million contract extension he signed on July 24, 2013. This contract, which took effect in 2014, included a $1 million signing bonus. The contract outlined specific salaries for each year: $12.5 million for 2014-2015, $13 million for 2016, $15 million for 2017, $16 million for 2018, $15 million for 2019, $13 million for 2020, and $12 million for 2021. Over his MLB career, Dustin Pedroia earned over $127 million. Spotrac.com estimates his total career earnings through 2025 to be $130,553,721. Even after his retirement, Pedroia continued to receive payments from the Red Sox, including deferred payments. He was set to receive $2.5 million each year from 2022 to 2028. According to a Sports Illustrated article dated January 27, 2020, Pedroia was owed $18 million in deferred payments from 2021 to 2028.
Endorsements and Partnerships
In addition to his baseball salary, Dustin Pedroia has supplemented his income through various endorsements and partnerships. He had a multi-year endorsement contract with New Balance, where he was their official footwear and off-field apparel provider. He also collaborated with New Balance to support the Run to Home Base 9K, benefiting “The Red Sox Foundation and Massachusetts General Hospital Home Base Program.” Pedroia wore a special make-up of the New Balance 1101 baseball spike, including a version in his signature camouflage colors. Beyond New Balance, Pedroia had endorsements with companies such as Dunkin’ Donuts and Sullivan Tire. A commercial featuring Dustin Pedroia for Sullivan Tire is remembered as one of the more memorable endorsements by a local company. He was also featured as the cover athlete for MLB The Show, further enhancing his visibility and brand.
Retirement and Post-Career
Dustin Pedroia announced his retirement from Major League Baseball on February 1, 2021, after struggling with injuries, particularly a knee injury sustained in 2017. Despite his limited play in his final years, he remained under contract with the Red Sox and received his full salary. In 2022, Dustin Pedroia was inducted into the Boston Red Sox Hall of Fame. As of 2025, Dustin Pedroia resides in Chandler, Arizona, with his wife, Kelli Hatley, whom he married in 2006, and their three sons.
