Introduction:
Max Scherzer is undoubtedly one of the most dominant pitchers in Major League Baseball (MLB) history. He’s a seven-time All-Star and a three-time Cy Young Award winner, with an incredible career ERA of 3.18. Scherzer is known for his incredible ability to strike out batters, his intense competitiveness, and his unparalleled work ethic. But what many people don’t know is that Scherzer’s net worth is just as incredible as his on-field accomplishments. In this blog post, we’ll be discussing just how much Max Scherzer is worth, and what factors have contributed to his impressive wealth.
Max Scherzer’s Contract:
One of the main reasons that Max Scherzer is so incredibly wealthy is his contract with the Washington Nationals. In 2015, Scherzer signed a 7-year, $210 million contract with the team, which was the largest contract ever signed by a free-agent pitcher at the time. This means that Scherzer is earning an average of $30 million per year just from his Nationals contract. This alone puts him among the highest-paid players in all of sports.
Endorsements:
In addition to his massive contract with the Nationals, Max Scherzer also has multiple endorsement deals that have contributed significantly to his net worth. Scherzer is a brand ambassador for Mizuno, and he’s also done ads for companies like OrangeTheory Fitness and Stance Socks. While it’s not entirely clear just how much Scherzer earns from these deals, it’s likely that they add several million dollars to his net worth each year.
Investments:
Another factor that has contributed to Max Scherzer’s wealth is his smart investments. Scherzer is known for being very savvy with his money, and he’s made some wise investments in things like real estate and startups. For example, Scherzer invested in a startup called WinView Games that allows fans to live bet on sporting events. The company has since gone public and has a market cap of over $100 million, which means that Scherzer’s investment has likely paid off quite handsomely.
Bonuses and Awards:
Max Scherzer’s massive contract with the Nationals also includes several bonus clauses for things like Cy Young Awards and All-Star appearances. Additionally, Scherzer has earned a significant amount of money in bonuses just from his impressive performance on the field. For example, in 2019, Scherzer earned a $525,000 bonus for finishing second in Cy Young voting. These bonuses have added millions of dollars to Scherzer’s net worth over the course of his career.
Taxes:
Of course, it’s important to remember that Max Scherzer’s net worth isn’t just the amount of money he’s earned over the years. Taxes can take a significant chunk out of a player’s overall earnings, and Scherzer is no exception. While it’s not entirely clear what Scherzer’s tax rate is, it’s likely that he’s paying a significant amount in both federal and state income taxes.
Charitable Giving:
Despite his massive net worth, Max Scherzer is also known for his charitable giving. Scherzer and his wife, Erica, have a foundation called the Scherzer Family Foundation, which focuses on supporting causes like animal rescue and community development. The foundation has donated significant amounts of money over the years, including $300,000 to the Boys and Girls Club of Washington, D.C.
Net Worth Estimates:
So just how much is Max Scherzer worth? Estimates vary, but as of 2021, it’s believed that Scherzer’s net worth is somewhere in the $200 million range. This puts him among the wealthiest players in MLB history, and one of the highest-paid athletes in the world.
Future Earnings:
Max Scherzer is currently in the final years of his contract with the Nationals, and it’s unclear what his future earnings will look like. However, given his impressive track record, it’s likely that he’ll continue to be one of the highest-paid players in the league even beyond his current contract. Additionally, as previously mentioned, Scherzer has been smart with his investments, which means that he’ll likely continue to earn money even after he retires from baseball.
Conclusion:
Max Scherzer’s net worth is nothing short of incredible. From his massive contract with the Nationals to his smart investments and endorsement deals, Scherzer has earned an impressive amount of money over the course of his career. However, it’s important to remember that Scherzer’s wealth is also the result of his hard work, dedication, and incredible talent on the baseball field.
FAQs:
Q1: What is Max Scherzer’s biggest contract?
A1: Max Scherzer’s biggest contract was a 7-year, $210 million deal with the Washington Nationals.
Q2: What companies has Max Scherzer done ads for?
A2: Max Scherzer has done ads for companies like Mizuno, OrangeTheory Fitness, and Stance Socks.
Q3: What is Max Scherzer’s net worth?
A3: Max Scherzer’s net worth is estimated to be around $200 million.
Q4: What is the Scherzer Family Foundation?
A4: The Scherzer Family Foundation is a charity founded by Max Scherzer and his wife Erica that supports causes like animal rescue and community development.
Q5: Will Max Scherzer continue to earn money after he retires from baseball?
A5: Max Scherzer has been smart with his investments and is likely to continue earning money even after he retires from baseball.