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How Pedro Martínez Banked His $70 Million Net Worth While Reversing The Red Sox Curse

If you’re a Boston sports fan, you certainly recall the famed “Curse of the Bambino” which loomed over the Boston Red Sox baseball team for nearly a century. In 2004, the team finally reversed the long-held curse by besting the New York Yankees in a stunning seven-game upset before taking home the World Championship against the St. Louis Cardinals. As a pitcher for the Sox at that time, Pedro Martínez was integral to the success of the organization, and has since gone down in history as a Boston sports legend. Martínez is so impressive, in fact, that the superstar athlete has been chosen as one of several subjects for the new Netflix docu-series The Comeback: 2004 Boston Red Sox . Since Martínez is fresh on everyone’s mind, now seems like as good a time as any to take a look at his whopping net worth, which clocks in at over $70 million according to Celebrity Net Worth , and see what we can learn from his diverse portfolio. Through means such as his MLB salary, endorsement and brand...

Oct 24, 2024

MLB Player Bobby Bonilla Retired In 2001, But The New York Mets Still Pay Him $1.2M Every Year

The last time Bobby Bonilla played for the New York Mets, 9-11 hadn’t happened yet, and CitiField was known as Shea Stadium. But that hasn’t stopped the Queens-based baseball team from writing the former third baseman and right fielder a check for more than $1 million a year. To be fair, Bonilla was one of the best baseball players on the field in his prime. According to the Society for American Baseball Research, Bonilla was an All-Star six times, won the Silver Slugger Award three times, and was even named the Most Valuable Player (MVP) before he finally retired from the diamond in 2001, when he was playing for the St. Louis Cardinals (Bonilla retired from the New York Mets back in 1999). In addition, Bobby Bonilla helped the Florida Marlins win the World Series back in 1997, and had some of the highest percentages in baseball history. Let’s take a look at how, and why, Bobby Bonilla gets a check from the Mets every year. Editorial note: The net worth listed in this piece is a...

These Are Some Of The Highest-Paid Active And Retired Black Baseball Players In The MLB

Baseball season is here, and Black baseball players are getting ready to show up and show out. The state of professional sports has been in a bit of a parlous state thanks to the pandemic, but things seem to be slowly — but surely — returning back to normal. Fans will recall that in December 2021, the MLB experienced a lockout because the collective bargaining agreement between the league and the players had expired. “The Clubs and our owners fully understand just how important it is to our millions of fans that we get the game on the field as soon as possible. To that end, we want to bargain and we want a deal with the Players Association as quickly as possible,” said the league in a statement. But, fortunately, the collective bargaining finally worked, and Opening Day will officially happen on April 7. In this spirit, we decided to come up with a list of some of the highest-paid Black baseball players in the MLB.

CEO Brandon Bellamy Becomes the Only Black Majority Owner in Professional Baseball

Real estate entrepreneur and Velocity Companies CEO, Brandon Bellamy, has become the only Black majority owner in professional baseball. This development comes after unanimous approval by the Atlantic League of Professional Baseball for Bellamy to purchase a new club expansion in Gastonia, NC, reports QCityMetro . According to Velocity Companies’ website, Bellamy is a 30-year real estate veteran with over $500 million in office, retail, and residential projects. The ballpark, which has not yet been named, will be Bellamy’s first sports development. Once completed, the project will be a 5,000-seat multi-purpose ballpark in Gastonia’s FUSE District. Velocity Companies will not only run the facility but own the team and develop the surrounding area, reports Baseball America . The team will be a part of the Atlantic League and start playing once construction is complete in Spring 2021. “The opportunity for us to bring multi-family residential, to bring retail and to bring office...

Aug 24, 2020