Introduction
Nolan Arenado, the 5-time All-Star third baseman of the St. Louis Cardinals, is one of the most skilled and highest-paid players in the Major League Baseball (MLB). Apart from being a top-notch athlete on the field, he has also amassed significant wealth over the years. In this blog post, we will delve into Nolan Arenado’s multi-million-dollar net worth, how he built his fortune, and some interesting facts about his life.
Early Life and Career
Nolan Arenado was born on April 16, 1991, in Newport Beach, California, to Cuban-American parents. He started playing baseball at a young age and honed his skills in the sport during his high school years. After graduating, he was selected by the Colorado Rockies in the second round of the 2009 MLB draft. He began his professional career in the minor leagues and made his MLB debut with the Rockies in April 2013.
Baseball Career Highlights
Arenado’s baseball career so far has been impressive and loaded with accomplishments. He has won the coveted Gold Glove (awarded to the best fielder at each position) eight times in a row from 2013 to 2020. He has also won the Silver Slugger Award (awarded to the best offensive player at each position) four times and was the National League home run leader twice, in 2015 and 2016.
Contract and Earnings
In February 2019, Arenado signed an eight-year, $260 million contract extension with the Rockies, making him the highest-paid position player at the time. This huge contract allowed him to remain with the Rockies until the 2026 season. In 2021, the Rockies traded him to the St. Louis Cardinals, where he continued to earn a substantial salary from his contract.
Endorsement and Business Ventures
Aside from his impressive base salary, Arenado has also earned a significant amount of money through endorsements and business ventures. He has been endorsed by famous brands like Rawlings, Adidas, and Pepsi. He also owns a coffee shop franchise, Java’s Brewing in Newport Beach, California.
Real Estate Ventures
Arenado has also invested in real estate over the years. In 2017, he bought a newly-built mansion in Newport Beach for $7.8 million. The property boasts over 6,000 square feet of living space, an infinity pool, spa, and a stunning ocean view.
Philanthropic Efforts
Arenado has been involved in several philanthropic activities over the years. He has established a foundation in his name, which aims to support underprivileged and sick children. The foundation has organized several fundraising events, including charity golf tournaments, poker tournaments, and other events.
Investment and Savings
Despite his large earnings, Arenado has been frugal with his money and has made several wise investments. He has diversified his portfolio by investing in stocks, mutual funds, and other assets to ensure his financial future is secure.
Personal Life
Off the field, Arenado is known to be a family man. He is married to Laura Kwan, whom he has known since high school, and they have two children together. In his free time, Arenado enjoys playing golf and spending time with his family and friends.
Conclusion
Nolan Arenado’s net worth is estimated to be around $70 million, making him one of the wealthiest baseball players in the world. He has accumulated his fortune through his impressive career accomplishments, endorsements, real estate investments, and business ventures. He has also been an active philanthropist and has given back to the community.
FAQs
1. What is Nolan Arenado’s net worth?
Nolan Arenado’s net worth is estimated to be around $70 million.
2. What is Nolan Arenado’s contract with the St. Louis Cardinals?
Nolan Arenado’s contract with the St. Louis Cardinals is for eight years and worth $214 million.
3. What businesses does Nolan Arenado own?
Nolan Arenado owns a coffee shop franchise called Java’s Brewing in Newport Beach, California.
4. What philanthropic activities is Nolan Arenado involved in?
Nolan Arenado has established a foundation in his name, which aims to support underprivileged and sick children.
5. What real estate ventures has Nolan Arenado invested in?
Nolan Arenado has invested in a newly-built mansion in Newport Beach, California, which he purchased for $7.8 million.
