What Is Manny Machado Net Worth?
As of 2024, Manny Machado’s net worth is estimated to be $50 million. This substantial wealth is primarily attributed to his successful baseball career, lucrative contracts, and various endorsement deals. Machado’s financial journey reflects his talent, hard work, and strategic financial management.
Manny Machado’s Contract Details and Career Earnings
Manny Machado has secured significant earnings throughout his MLB career. As of March 2025, his career earnings total $189.56 million. His financial success is largely due to his impressive contracts with various teams, most notably the San Diego Padres. He initially signed a 10-year, $300 million contract with the Padres in 2019. In February 2023, Machado extended his contract with the San Diego Padres for 11 years, worth $350 million, including a $45 million signing bonus. This contract guarantees him the full $350 million and provides an average annual salary of $31,818,182. For the 2025 season, Machado will earn a base salary of $13 million. Considering his 2025 base salary, Manny Machado earns approximately $24.74 per minute.
Here’s a breakdown of his contracts:
- 2010 (Baltimore Orioles): Signed for $5.25 million.
- 2017 (Baltimore Orioles): One-year deal for $11.5 million.
- 2019 (San Diego Padres): 10-year deal for $300 million.
- 2023 (San Diego Padres): 11-year extension for $350 million, including a $45 million signing bonus.
Manny Machado’s Endorsements and Investments
In addition to his baseball salary, Manny Machado earns approximately $500,000 annually from endorsements. He has partnered with several well-known brands, including Nike, Rawlings, Budweiser, Petco, Ethika, Pepsi, and New Balance. He has endorsed 11 brands, including ALIENWARE, Budweiser and Callaway Golf Callaway XR16 driver. His endorsement deals span various sectors, enhancing his income and solidifying his marketability.
Machado has also ventured into investments, demonstrating his business acumen. He holds part ownership in a Major League Soccer (MLS) expansion franchise based in San Diego, with the team having an expansion fee of $500 million. He invested in Jackpockets on November 9, 2021. These investments reflect his strategic approach to wealth management and his interest in diverse business opportunities.
Manny Machado’s Real Estate and Personal Life
Manny Machado owns significant real estate properties. In 2019, he purchased a house in Coronado, California, for $10 million. Known as “Zee Huis,” meaning “Sea House” in Dutch, the property sits on nearly half an acre and offers views of the harbor and downtown San Diego skyline. Also in 2019, Machado bought a house in Coral Gables, Florida, for $11.3 million. This house covers 8,300 square feet and overlooks Biscayne Bay with a 121-foot water frontage.
Machado is married to Yainee Alonso. He is actively involved in philanthropy through his foundation, Team Machado – Sky’s the Limit, which supports underprivileged youth in Miami, San Diego, and the Dominican Republic by providing opportunities in education, health, and sports. His commitment to community service led to the San Diego Padres nominating him for the Roberto Clemente Award in 2024.