What is Miguel Cabrera's Net Worth in 2024?

Miguel Cabrera is a renowned baseball player who has made significant contributions to the sport. He is a first baseman for the Detroit Tigers in Major League Baseball. Many people now regard Miguel Cabrera as one of the greatest baseball players of all time, despite the fact that he was born into an impoverished Venezuelan household. Since his debut in 2003, he has won the American League Most Valuable Player award twice.

His two American League MVP titles rank him among the sport's all-time greats. He has received many awards and has a net worth in the millions. However, he has been named to fourteen All-Star teams, and he has won two American League MVP awards.

He has made a lot of money throughout the years and remains one of the highest-paid baseball players. Let's find out Miguel Cabrera's net worth in 2024 and how he rose to become one of baseball's wealthiest players of all time.

What is Miguel Cabrera's Net Worth?

Miguel Cabrera net worth in 2024 is approximately $150 million. He plays first base for Venezuela's baseball team. He earns approximately $10 million each year from baseball. He inked a new contract near the end of 2016 that will pay him $258 million over the following decade.

Miguel Cabrera, also known as "Miggy," has won two AL MVP awards and eleven MLB All-Star selections. In 2012, he claimed his 17th Major League Baseball Triple Crown. Cabrera's first season in Major League Baseball came in 2003 with the Florida Marlins. He primarily played first and third base. After moving to the Detroit Tigers in 2007, he continued to play at a high level. In 2013, he hit.348, his best stat to date.

Miguel Cabrera Wealth Sources

Baseball Salary

Miguel Cabrera's salary is one of the highest in the MLB. Cabrera extended his contract with the Detroit Tigers for an additional eight years and $248 million in 2014. In Major League Baseball history, there has never been a salary increase this large.

Endorsements Income

In addition to his salary, Cabrera has earned a significant amount of money through advertising deals. His wealth has grown because of endorsement deals with major brands. Cabrera is now one of the richest Major League Baseball players of all time. 

Real Estate Investments

Despite the lack of particular facts, Cabrera has prudently invested his enormous earnings. Investing in real estate, enterprises, or venture capital firms can help athletes earn more money in a variety of ways.

Cabrera's fortune has increased due to smart real estate investments. In 2016, he sold his Birmingham, Michigan, home for $2 million. In 2015, he purchased a mansion in Grosse Pointe Farms, Michigan, for $3.2 million. This 11,175-square-foot property includes a solarium, marble floors, a swimming pool, and a putting green, among other features.

Miguel Cabrera Early life

Cabrera was born in Maracay, Aragua State, Venezuela, to parents Miguel Cabrera and Gregoria Torres de Cabrera. Growing up, Cabrera showed interest in volleyball as well as baseball. From early on, he was guided by his maternal uncle, David Torres. At 14, he was enrolled in a baseball school in Cagua, so he could continue his studies while still playing ball.

Miguel Cabrera Career

Cabrera began his competitive career in the Venezuelan Winter League when he was only thirteen. He signed a contract with the Tigres de Aragua when he was sixteen years old, and he played his first professional baseball game in December 1999. The Florida Marlins signed him as an amateur free agent in 1999 because they recognized his skill. This marked the beginning of his outstanding journey in Major League Baseball.

Florida Marlins

Cabrera played baseball for the Florida Marlins from 2003 to 2007, showing his abilities. During this time, he won the World Series, received two Silver Slugger Awards, and was named to two All-Star teams. His outstanding performance and other achievements helped the squad win the World Series 2003.

Miguel Cabrera to Detroit Tigers

Cabrera began a new chapter in his career when the Detroit Tigers acquired him on December 5, 2007. In March 2008, he signed an eight-year contract with the Tigers, cementing his place on the squad. Between 2008 and 2014, Cabrera established himself as one of the top players in the game. He won the Triple Crown, two Hank Aaron honours, three batting titles, five Silver Slugger Awards, and two more honours for having the most home runs and RBIs in the American League.

Miguel Cabrera Awards

Miguel Cabrera Family

Rosangel Cabrera and Miguel Cabrera have been married since 2002. They have three children: Christopher, Rosangel, and Isabella. Rosangel filed for divorce from Miguel in April 2017 but ultimately decided against it. Miguel has a son and daughter from a previous relationship. Miguel Cabrera lives in Orlando, Florida. 

Miguel Cabrera Biography

Frequently Asked Questions

Q. What is Miguel Cabrera net worth in 2024?

Miguel Cabrera’s net worth is estimated to be $150 million.

Q. Is Miguel Cabrera married?

Yes, Miguel Cabrera is married, and his wife is Rosangel Cabrera. They married on June 17, 2002.

Q. Is Miguel Cabrera retiring?

Miguel Cabrera, the former Detroit Tigers selected hitter and now a special assistant in the front office, has decided to retire from Major League Baseball at the end of the 2023 season.

Q. Where does Miguel Cabrera Live?

Miguel Cabrera lives in Detroit, Florida, and Maracay.