David Price Net Worth

What Is David Price Net Worth?

David Price, a former professional baseball pitcher, has an estimated net worth of $85 million [8]. His wealth primarily comes from his successful MLB career, which included lucrative contracts and endorsements [2].

David Price’s Contract Details and Career Earnings

Price’s career earnings reflect his status as one of baseball’s top pitchers. He signed a landmark seven-year, $217 million contract with the Boston Red Sox in December 2015, which at the time was the richest deal ever for a pitcher [2, 3]. The contract included $217 million guaranteed, with an average annual salary of $31 million [3]. In 2019, Price ranked #50 in the world’s highest-paid athletes. His earnings consisted of a $21.1 million salary and $750,000 in endorsements [2].

Prior to his Red Sox contract, Price signed a six-year deal for $11.25 million and a one-year deal for $19.75 million in 2015, which set a record at the time [3]. Over his MLB career (2008-2022), Price accumulated total career earnings of $271,031,842 [8, 17].

Key contract points include:

• No deferred money [3].
• An opt-out clause after the 2018 season, which he chose not to exercise after winning the World Series with the Red Sox [2].
• In February 2020, Price was traded to the Los Angeles Dodgers, with Boston retaining a reported 50% of his remaining salaries for 2020-2022 [2, 3].

David Price’s Assets and Investments

Beyond his baseball salary, Price has strategically invested in real estate. He has been involved in several real estate transactions over the years [7]. These include:

• Nashville Residence: In 2014, Price purchased a Nashville property for just under $4 million [6]. He listed this home for $3.95 million in March 2022 [7]. The 9,553-square-foot house, built in 2007, features five bedrooms and sits on over 2 acres in the Forest Hills neighborhood [7].
• Paradise Valley, AZ Property: In 2020, Price bought a property in Paradise Valley, Arizona, from Justin Upton for $9.5 million [6, 7].
• Naples, FL Mansion: Price sold his mansion in Naples, Florida, for $4.4 million in October 2020. He had purchased the golf course property in March 2018 for $4,275,000 [6]. The 6,600-square-foot home includes four bedrooms and 4.5 bathrooms [6].
• Newton, MA Mansion: In June 2020, Price sold his Newton, Massachusetts, mansion for $6.1 million, after initially listing it for $6.5 million. He bought the property for $6 million in 2018 [6, 7].

Price has also ventured into business partnerships. In 2017, he partnered with IMAC Regeneration Centers to establish David Price-branded rehabilitation medical clinics in Tennessee [2].

David Price’s Career Highlights and Endorsements

David Price was born on August 26, 1985, in Murfreesboro, Tennessee [17]. He was drafted #1 overall by the Tampa Bay Rays in the 2007 MLB draft [3]. Price made his MLB debut in 2008 and played for the Rays (2008-2014), Detroit Tigers (2014-2015), Toronto Blue Jays (2015), Boston Red Sox (2016-2019) and Los Angeles Dodgers (2021-2022) [1, 5].

Key achievements include:

• Five-time All-Star [5].
• 2012 American League Cy Young Award winner [1, 5].
• 2018 World Series Champion with the Boston Red Sox [1, 5].
• AL ERA leader in 2012 and 2015 [1].
• MLB strikeout leader in 2014 [1].

Price’s endorsements include partnerships with Nike, Panini, Rawlings, and Topps [2]. Further endorsements include ABC, XYZ, PQR, FZ and DEF [13].

Price is also involved in philanthropic activities, including a $2.5 million donation in 2016 to Vanderbilt’s baseball facilities project [2].