Net Worth Ranker
What Is Carl Crawford’s Net Worth?
Carl Crawford, a retired American professional baseball player, has accumulated a net worth of $65 million. This financial standing is primarily attributed to his successful career in Major League Baseball (MLB), spanning from 2002 to 2016. His earnings stem from lucrative player contracts, endorsements, and strategic investments.
Baseball Career and Contract Details
Crawford’s professional baseball journey began when he was drafted by the Tampa Bay Devil Rays as the 52nd overall pick in the second round of the 1999 MLB Draft. Before making his major league debut with the Devil Rays in 2002, he honed his skills in the minor leagues with the AAA Durham Bulls, earning the International League Rookie of the Year award.
His time with the Tampa Bay Rays (formerly the Devil Rays) was particularly noteworthy. He showcased exceptional speed and skill, leading the American League in stolen bases four times (2003, 2004, 2006, 2007). Additionally, he was a four-time All-Star (2004, 2007, 2009, 2010), a Silver Slugger Award winner, and a Gold Glove Award winner in 2010. A memorable highlight includes tying the MLB record with six stolen bases in a single game. In 2009, he was named the All-Star Game MVP. In 2005, demonstrating their confidence in Crawford’s talent, the Tampa Bay Rays signed him to a four-year contract worth $15.25 million. This initial contract laid the groundwork for his future earnings and established him as a valuable asset to the team. The contract reflected his growing contributions on the field, particularly his speed, fielding ability, and hitting prowess.
In December 2010, Crawford signed a significant seven-year, $142 million deal with the Boston Red Sox. This contract included an annual salary of $20.3 million and a $6 million signing bonus. The magnitude of this deal underscored his status as one of the league’s premier players. His performance with the Red Sox was hampered by injuries, which eventually led to him being traded to the Los Angeles Dodgers. Despite these challenges, the contract remained a substantial contributor to his overall earnings. The Red Sox deal solidified his financial future and provided him with a secure financial foundation. The $20.3 million annual salary, coupled with the signing bonus, significantly boosted his income and net worth. Even though his time with the Red Sox was shorter than anticipated, the financial impact of this contract was undeniable.
Subsequently, Crawford was traded to the Los Angeles Dodgers, where he continued his career. However, injuries and inconsistent performance led to his release in June 2016. By this point, despite not actively playing at his peak, Carl was still earning $20 million per year, a testament to the long-term financial security afforded by his contracts. He retired from professional baseball, having accumulated over $179 million in salary alone throughout his 16-season career.
Over his MLB career, Carl Crawford maintained a .290 batting average, hit 136 home runs, recorded 766 runs batted in, and stole 480 bases. His .989 fielding percentage playing in left field and center field highlights his defensive skills. He also represented the United States internationally, winning a silver medal in the 2001 Baseball World Cup.
Post-Baseball Ventures and Investments
Beyond his baseball career, Crawford has ventured into the music industry. He is the CEO of 1501 Certified Entertainment, an independent record label based in Houston. The label has seen considerable success, particularly with the artist Megan Thee Stallion. Crawford’s involvement in the music industry adds another dimension to his income streams, although specific figures regarding the label’s revenue and his personal earnings from it are not publicly available. The music industry investments have helped to further diversify Carl Crawford’s financial portfolio. The specific financial gains from 1501 Certified Entertainment are closely guarded, but it is clear that his business acumen extends beyond the baseball field. As CEO, he oversees all aspects of the label’s operations, from artist development to marketing and distribution. His entrepreneurial spirit has allowed him to transition successfully from professional sports to the entertainment industry.
In December 2013, Crawford announced his engagement to Evelyn Lozada. The couple has a son together. Crawford also has two children from a previous relationship. His son, Justin, was drafted by the Philadelphia Phillies in the first round of the 2022 MLB Draft, underscoring the family’s continued involvement in baseball. His cousin, J.P. Crawford, was drafted by the Philadelphia Phillies in the first round of the 2013 MLB Draft.
While specific details about Carl Crawford’s real estate holdings, personal investments, or luxury assets such as private jets or cars are not publicly available, his career earnings and business ventures suggest a diverse portfolio of assets. It is common for high-net-worth individuals to invest in various sectors, including real estate, stocks, and private equity, to grow and preserve their wealth.
Carl Crawford’s net worth is a testament to his successful baseball career, strategic contract negotiations, and entrepreneurial ventures. His story exemplifies how athletes can leverage their on-field success to build lasting wealth and pursue passions beyond their sport.
