Mike Trout Net Worth

Mike Trout’s net worth is $24.6 million. The Mike Trout net worth total is built entirely on salary and endorsements. The Los Angeles Angels Center Fielder has actually made a lot more from estimated endorsement earnings than from salary.

Mike Trout has earned a total of $65 million since he entered the world of Major League Baseball in 2011. $41 million of that comes from endorsement deals and another $24.5 million from salary. Taxes chop out $34.7 million and expenses take another $6.6 million from the Mike Trout net worth sum.

Trout started in the minor leagues back in 2009. His batting average at the time was .360. He had 25 runs batted in and one home run. His MLB batting average is .303 with 749 hits and 140 home runs. He has 478 runs total, with 401 runs batted in and 113 stolen bases. Trout is a four time All Star, four time Silver Slugger and American League MVP from 2014. He also won the AL Rookie of the Year Award in 2012.

Mike Trout Net Worth Facts

Mike Trout’s net worth is $24,573,166. That’s half as big as David Ortiz’s net worth of $45 million and 1/7th as big as Derek Jeter’s net worth of $185 million. The Mike Trout net worth pile is about the same as NBA star Stephen Curry’s net worth of $27 million. LeBron James’ net worth of $223 million is ten times bigger than Mike Trout’s net worth. Peyton Manning’s $191 million comes in at eight times bigger than the Mike Trout net worth figure. Tom Brady’s $172 million is seven times bigger. Mike Trout has eight times more net worth than Barack Obama’s $3.2 million and 367 times more than the typical American family’s wealth pile of just $68,000.

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Mike Trout Net Worth in the News

On 410/16, Mike Trout crushed a home run off Oakland Athletics’ ace pitcher Sonny Gray. The sixth inning smash put the Angels in line for a 4-1 win against the Angels in the season opener. Trout didn’t do quite as well the following weekend with three lost games against the Minnesota Twins. So far for the season Trout is only hitting at .233. He has five runs, one home run and four RBIs for 12 games. This season, Trout has struck out 13 times. A few botched games won’t stop the Mike Trout net worth train any time soon. It’ll take a lot more than a little hiccup early season to knock the player’s salary down or threaten his endorsement deals.

Mike Trout Net Worth Sources: Salary & Endorsements

Where does the Mike Trout net worth engine get its juice? Mostly from endorsements. Salary is a big hitter too with $16 million in 2016 and $24.5 million all together. Endorsements though are the key player with an estimated $41 million over the course of Trout’s career. The table below has all the top line Mike Trout net worth data. With total earnings of $65.5 million so far since Trout hit the Majors, the center fielder has an average salary of $11 million. He also has federal and California State income taxes totaling $34.7 million and career expenses of $6.5 million. Investments kick back about $600,000. For more detailed Mike Trout salary info and endorsement income by year, see the sections below.

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Mike Trout Net Worth Timeline

The Mike Trout net worth story is a grand slam that keeps on going. The star player’s net worth hit the Majors in 2011 with $153,594 and has more than doubled every year since. The table and chart above show how the Mike Trout net worth tale plays out graphically. From 2011 to 2012, Trout’s wealth multiplied by more than triple. The same thing happened again in 2013. In 2014 the earnings snowball slowed some, only doubling from the previous year. It sped right up again for 2015 though, when the Mike Trout net worth number grew by almost 3.5 times its former size. The chart above looks more like a rocket taking off or data on the spread of a mass epidemic than an MLB star’s net worth growth.

Mike Trout Salary

The table below shows every Mike Trout net worth salary figure since the star was brought up from the minors. Trout hit the Majors briefly in 2011, was sent back, then came back for good at the start of 2012. Trout signed single-year contracts every year from 2011 through 2014. 2011 was only a partial MLB year for Trout, with the rest of his time that year spent in the Minors. Even after he was brought up to the Majors, Trout’s salary stayed at around the $500,000 a year mark through 2013. That relatively low salary mark persisted even though Trout was named American League Rookie of the Year in 2012 and stolen base leader the same year. Trout also won the Silver Slugger Award in 2012 and 2013 and was named an MLB All-Star in 2012 and 2013. His pay stub finally started to catch up with his achievements in 2014 when he signed a contract for $1 million. In 2015, Trout showed he was here to stay with a six year contract for $144.5 million with the Los Angeles Angels. His MLB salary will grow to $20 million a year by 2017 and $34 million by 2018. That includes an $833,000 per-year signing bonus.

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Endorsements and Mike Trout Net Worth

Endorsement money has pumped an estimated $41 million into the Mike Trout net worth tank. That’s 64% more than the player has made from his MLB salary. $41 million is only an estimate, but it’s an informed estimate. Trout has no shortage of high dollar sponsors, from Nike to BodyArmor to Subway, with other smaller companies like SuperDrink and the Old Hickory Bat Company. Most sources online put Trout’s 2013 endorsement earnings at $2.3 million. That’s a lot of money, but it doesn’t include the historic deal Trout signed with Nike in mid 2014. That deal is the first MLB signature shoe deal Nike has inked since its agreement with Ken Griffey Jr. The deal’s particulars haven’t been released. That said, it’s not uncommon for Nike to offer $8 million to $15 million or more for a signature shoe endorsement deal. With other deals thrown in, that puts Trout’s sponsor dollars for 2015 and 2016 at around the $15 million to $20 million mark.

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Mike Trout Net Worth Calculations

If Mike Trout has found some way to avoid paying taxes, his net worth is probably around $65.5 million. Since he probably hasn’t, we’ve figured taxes into our Mike Trout net worth calculations. Trout is in the highest U.S. and California State tax brackets. That gives him federal income tax of 39.6% and state income tax of 13.3%. That’s 52.9% total. Over the course of his career, that adds up to $34.7 million. His worst tax year yet will be 2016 with a $19 million dollar bill. Expenses no doubt take their chunk. Estimating 10% for sports agent fees, cost of living and other expenses gives Trout a $6.6 million expense bill since 2011.

Mike Trout Net Worth in the Future

Nobody can see the future, but if past performance and current contracts are any hint, the Mike Trout net worth rocketship will keep on heading for the stars. Per his current contract, Trout’s salary will stay at $16 million for 2017. After that it’ll jump to $20 million in 2018 and $34 million in 2019, 2020 and 2021. With endorsement money keeping pace with current growth, he’s on track for a career total earnings figure of $360 million by the end of 2021. After taxes, expenses and investments are figured in, that’ll leave a Mike Trout net worth figure of $143 million by the 2021 World Series.

Is Mike Trout Worth His Huge Net Worth?

Mike Trout was named the youngest MLB player to hit 100 home runs and 100 bases stolen in April of 2015. He was 23 years old at the time, plus 253 days. He beat the previous record holder by 56 days. He is the fourth player ever to lead off the All-Star Game with a home run. He not only won the All-Star Game MVP Award in 2014, he also took the same honor in 2015. That made him the first player in history to win the award in two consecutive years. He is the second Angels player ever to get 40 home runs in a single season. People have compared Trout to Hall of Famer Mickey Mantle because of his power and speed. He has a knack for hitting pitches in the strike zone.

Sources:

Spotrac.com