Okay, so today I’m gonna walk you through how I went about figuring out Verlander’s net worth. It was kinda a rabbit hole, but hey, that’s how I roll.
First off, I started with the basics. You know, the obvious stuff. I hit up Google and searched “Justin Verlander salary history.” Got a bunch of hits from sports sites like ESPN and Spotrac. I just wanted to grab all his contract details year by year.
Next up, I noted down all the contract values and yearly salaries from those sites. I created a simple spreadsheet. Year, Team, Salary – that kinda thing. Helped keep it all organized, ya know?
Endorsement deals! These are tricky but big money. I started digging for any endorsements Verlander had. Nike was one, but I went deeper, found articles mentioning deals with brands like Under Armour (past deal), and some local Houston businesses after he joined the Astros. I made a conservative estimate for these annual income, since exact figures aren’t usually public. Just ballpark figures based on similar athletes.
Then I factored in taxes and agent fees. This is where it gets messy. Gotta remember Uncle Sam takes his cut. Estimated state and federal taxes based on his income bracket and the states he played in (Michigan, then Texas – different tax rates). Agent fees are usually around 3-5%, so I took a middle ground of 4% of his earnings to deduct.
- Investments? This is where it’s almost impossible to know for sure.
- I tried finding any public records of real estate holdings. Looked for mentions of businesses he might be involved in, but nothing concrete came up.
- I just assumed he’s got a decent financial advisor and has put his money into some low-risk investments, like stocks, bonds, or real estate. So, a small guesstimate there.
The final rough calculation
Added up all the contract earnings, estimated endorsement income, subtracted taxes and fees. Added a very conservative estimate for investment growth. And there you have it. It’s a rough estimate, mind you! But gives you a ballpark figure. It’s almost impossible to get the exact number without being Verlander’s accountant. But it’s fun to try and figure out!
Anyway, that was my little adventure. Hope it was interesting!
