Net Worth Ranker
What Is Buster Posey’s Net Worth?
Buster Posey, a celebrated retired American professional baseball player, boasts a net worth of $150 million. His financial standing is largely attributed to his successful career with the San Francisco Giants, endorsement deals, and strategic investments.
Buster Posey’s Career Earnings and Contracts
Posey’s career earnings from his time in Major League Baseball are estimated to be around $160 million. In March 2013, he solidified his financial future by signing a nine-year contract with the Giants for $159 million. This contract positioned him among the highest-paid athletes globally, with earnings reaching $25 million between June 2017 and June 2018, inclusive of salary and endorsements. However, he chose to forgo a portion of this contract, leaving approximately $30 million on the table by opting out of or shortening his final two seasons, partly due to the COVID-19 pandemic. This decision underscores a balance between financial gain and personal priorities, specifically his family’s well-being and health.
In the 2008 MLB Draft, Posey was selected as the fifth overall pick by the San Francisco Giants. The Giants offered him a $6.2 million signing bonus, which was the biggest up-front bonus in the team’s history. This marked the beginning of his professional career and indicated the high expectations the Giants had for his performance. His subsequent performance validated this investment, leading to substantial earnings and paving the way for future lucrative contracts and investment opportunities that would significantly bolster his net worth.
Buster Posey’s Early Life and Collegiate Achievements
Gerald Dempsey Posey III, known as Buster Posey, was born on March 27, 1987, in Leesburg, Georgia. He attended Lee County High School, where he excelled in baseball. During his junior year, playing as both a pitcher and shortstop, Posey recorded 46 runs batted in and maintained a batting average of .544, along with hitting seven home runs. As a senior, he set a school record with 14 home runs and had 108 strikeouts as a pitcher. His high school achievements led to accolades such as EA Sports All-American, Georgia Gatorade Player of the Year, “Baseball America” All-American, and Louisville Slugger State Player of the Year. Posey graduated from high school with a 3.94 GPA, showcasing his dedication to academics alongside his athletic prowess.
Posey initially drafted by the Los Angeles Angels in the 2005 Major League Baseball Draft, but he chose to attend Florida State University and play for the Seminoles baseball team instead. As a freshman, he played the position of shortstop and started all 65 games, ending the season with a .346 batting average and Louisville Slugger Freshman All-American honors. During his sophomore year, Buster switched to the position of catcher and finished second in the voting for the Johnny Bench Award. As a junior, he won the Johnny Bench Award, Collegiate Baseball Player of the Year award, Golden Spikes Award, and Dick Howser Trophy, and he was named ACC Baseball Player of the Year. These college achievements not only honed his baseball skills but also increased his visibility and marketability, setting the stage for his successful professional career and subsequent financial success.
Buster Posey’s Key Milestones and Awards
Posey’s MLB career is marked by several significant milestones. In 2010, he was named the NL Players Choice Awards Outstanding Rookie and the NL Rookie of the Year. That same year, he was chosen as the catcher for the Topps Major League Rookie All-Star Team and “Baseball America’s” All-Rookie Team. The Giants defeated the Texas Rangers to win the World Series in November 2010.
In 2012, the Giants won the World Series again, defeating the Detroit Tigers 4–0, and after the season ended, Posey was named the NL MVP by the Baseball Writers’ Association of America, and he won the NL Hank Aaron Award, NL Comeback Player of the Year award, NL Silver Slugger Award, and the Giants’ Willie Mac Award. The team defeated the Kansas City Royals in the 2014 World Series.
In 2016, he received the Gold Glove Award. In 2021, Buster won the NL Comeback Player of the Year award and NL Silver Slugger Award, then he announced his retirement on November 4, 2021. These accolades reflect his consistent performance and leadership, enhancing his brand and contributing to his financial opportunities.
Buster Posey’s BodyArmor Investment
An early and strategic investment for Posey was his involvement with the sports drink company BodyArmor. Prior to his retirement announcement, Coca-Cola acquired BodyArmor for $5.6 billion. As an early investor, Posey’s return on this investment is estimated to be in the mid-to-high eight figures, potentially exceeding $100 million. This lucrative investment significantly contributed to his substantial net worth, demonstrating his acumen in financial ventures beyond his baseball career.
Buster Posey’s San Francisco Giants Ownership Stake
In September 2022, Posey joined the ownership group of the San Francisco Giants, becoming the 31st person and the first former player to invest in the team. While the exact size of his stake remains undisclosed, the Giants were valued at $3.5 billion at the time of his acquisition. A 1% stake would have been valued at $35 million. This move not only solidified his connection with the team but also represents a strategic investment, further diversifying his assets and contributing to his financial portfolio.
Buster Posey’s Real Estate Holdings
Buster Posey has engaged in several real estate transactions. In April 2013, Buster and Kristen acquired a mansion in Lafayette, California, for under $5 million. They later sold this property in March 2022 for $9.28 million, and they sold the home with a lease-back agreement that allows them to continue living there until the family moves to Georgia. In March 2024 Buster and Kristen paid $8.3 million for a new home in Lafayette, California.
In 2016, the Poseys purchased a 105-acre property in Oroville, California, for $1.6 million. This property, featuring a lake and two creeks, included a 3,300 square-foot primary house and a 4,800 square-foot barn, which was built by the Poseys. The barn, used as an event and recreational space, included game rooms and sleeping areas. They listed this property for sale in May 2022 for $3.9 million and sold it in July 2022 for the asking price.
More recently, in September 2024, Buster and his wife invested $10.4 million in a 4,100-acre Northern California property known as Six Points Ranch. These real estate ventures highlight his approach to investing in diverse assets, further enhancing his overall net worth.
