Net Worth Ranker
What is Mark Grace’s Net Worth?
Mark Grace, a celebrated former professional baseball player and coach, has accumulated a significant net worth, estimated at $20 million. This financial standing is primarily a result of his successful career in Major League Baseball (MLB), spanning from 1988 to 2003. A substantial portion of his wealth comes from his earnings as a player, with career salaries totaling $46 million.
Mark Grace’s MLB Career and Earnings
Grace’s journey in professional baseball began with the Chicago Cubs, where he spent a significant portion of his career. His time with the Cubs in the 1990s was particularly successful, earning him four Gold Glove Awards for his exceptional fielding skills. Grace later joined the Arizona Diamondbacks, where he achieved a crowning moment by winning the World Series in 2001. His highest-paid season occurred in 2000, during his tenure with the Cubs, where he earned $5 million.
In the 1985 MLB draft, Grace was selected by the Chicago Cubs. He developed within the Cubs’ farm system for three years before making his major league debut in 1988. His rookie season saw him contribute to the Cubs’ securing an NL wild card spot. The following season, in 1989, he played a key role in the team’s journey to the NL East division title. The 1990s marked Grace’s most successful years with the team, highlighted by four Gold Glove Awards between 1992 and 1996, and three All-Star selections between 1993 and 1997. In 1993, he led the Cubs in several statistical categories, including batting average (.325), hits (193), doubles (39), and RBI (a career high of 98). Additionally, Grace achieved a rare feat by hitting for the cycle in May 1993. In 1995, he topped the NL with a .326 batting average and 51 doubles. Grace concluded the 1990s as the MLB leader in hits (1,754) and doubles (364). His 13th and final season with the Cubs was in 2000.
After the Cubs chose not to offer him salary arbitration, Grace signed with the Arizona Diamondbacks in late 2000. The contract was for two years with an option for a third year. He played a key role in the Diamondbacks’ successful 2001 season, contributing to their NL West title, NLDS, NLCS, and World Series victories. The 2001 World Series was notable as the Diamondbacks, considered underdogs, defeated the New York Yankees in seven games. This marked the Diamondbacks’ first World Series title, achieved just four years after the franchise’s inception. Grace continued to play for two more seasons before retiring at the end of the 2003 season.
Mark Grace’s Post-Playing Career Ventures and Real Estate Investments
Following his retirement, Grace transitioned into broadcasting, serving as a baseball color commentator for Diamondbacks games and Fox Sports broadcasts from 2004 to 2012. He later became an analyst for Diamondbacks games on Fox Sports Arizona in 2017, and in 2020, he began analyzing select Cubs games on Marquee Sports Network. In 2014, Grace took on the role of hitting coach for the Hillsboro Hops, a Northwest League affiliate of the Diamondbacks. He was subsequently promoted to hitting coach for the Diamondbacks in 2015, a position he held until being fired after the 2016 season.
Beyond his baseball and broadcasting careers, Grace has also invested in real estate. In 1999, he purchased a home in the east Lincoln Park area of Chicago for $1.575 million, later selling it in 2002 for $1.655 million. More recently, in August 2020, Grace acquired a property in Paradise Valley, Arizona, for $2.3 million. This mansion, built in 1998, spans 7,200 square feet and features a resort-style spa. Situated on 1.55 acres, the property is currently estimated to be worth around $6 million.
Mark Grace’s financial success is a result of both his lucrative baseball career and his strategic post-retirement endeavors, solidifying his net worth of $20 million. These ventures, along with his real estate investments, have played a crucial role in maintaining and growing his wealth.
