Tim Wakefield Net Worth was a significant topic in the world of baseball, especially considering his impact on the game and his financial success throughout his career. At the time of his passing, Tim Wakefield had amassed a net worth of $20 million. Known for his lengthy tenure in Major League Baseball, Wakefield spent 19 seasons captivating fans, primarily with the Boston Red Sox from 1995 to 2011. During his time with the Red Sox, he earned two World Series championships in 2004 and 2007 and was awarded the Roberto Clemente Award in 2010. Notably, he retired with 186 wins, placing him third in the Red Sox franchise history.
Sadly, on October 1st, 2023, Tim Wakefield passed away at the age of 57, leaving behind a legacy that is cherished by many.
What is Tim Wakefield net worth?
| Name | Tim Wakefield |
|---|---|
| Category: | Richest Athletes › Baseball Players |
| Net Worth: | $20 Million |
| Birthdate: | Aug 2, 1966 – Oct 1, 2023 (57 years old) |
| Birthplace: | Melbourne |
| Gender: | Male |
| Height: | 6 ft 2 in (1.88 m) |
| Profession: | Baseball player |
| Nationality: | United States of America |
Career Earnings
Throughout his illustrious MLB career, Tim Wakefield earned over $55 million in salary alone, a testament to his skill and popularity as a pitcher.
Early Life and Education
Born on August 2, 1966, in Melbourne, Florida, Tim Wakefield showed early promise in sports. He attended Eau Gallie High School and later joined the Florida Institute of Technology. There, he made a name for himself in college baseball, setting a single-season record with 22 home runs for the Panthers.
Pittsburgh Pirates
The Pittsburgh Pirates saw potential in Wakefield, drafting him in the eighth round of the 1988 MLB draft. His professional journey started in the minors, where he quickly became a standout player. By 1990, Wakefield was leading the Carolina League in starts and innings pitched. His success continued as he moved up to Double-A in 1991, leading all Pirates minor league players in wins. By 1992, he made his mark in the majors, debuting with a complete game against the St. Louis Cardinals and earning the National League Rookie Pitcher of the Year Award. However, his career with the Pirates saw ups and downs, and by 1995, he was released.
Boston Red Sox, 1995-2002
Just six days after his release, the Boston Red Sox signed Wakefield, marking the beginning of a memorable chapter. Starting with the Triple-A Pawtucket Red Sox, he was soon called up to the majors. His first season with Boston was impressive, ending with a 16-8 record and a 2.95 ERA, contributing to the team’s American League East division title. Though his subsequent seasons were less stellar, he remained a key player, even leading MLB in hit batters in 1997. By 1999, he joined an elite group of pitchers with four strikeouts in a single inning. From 2000 to 2002, Wakefield showcased his versatility, alternating between roles as a starter and a relief pitcher.
Boston Red Sox, 2003-2011
Returning as a full-time starter in 2003, Wakefield played a pivotal role in the Red Sox’s journey to the ALCS. Despite a setback in Game 7 against the Yankees, he redeemed himself in 2004 when the Red Sox triumphed over the Yankees and went on to sweep the St. Louis Cardinals in the World Series. Wakefield continued to be a cornerstone for the team, achieving various milestones like leading the pitching staff in wins in 2005 and securing another World Series title in 2007. By 2009, he had set records for the most starts and innings pitched in Red Sox history. His career concluded in 2011, and he retired in early 2012.
Post-MLB Career
Beyond his playing days, Wakefield’s passion for baseball remained. He joined NESN as a studio analyst, providing insightful commentary on Red Sox games up until the 2023 season. Additionally, he lent his voice as a spokesperson for Farmington Bank.
Personal Life and Death
In 1990, Wakefield embraced evangelical Christianity. He married Stacy Stover in 2002, and together they had two children. His life, marked by both professional achievements and personal commitments, came to a tragic end on October 1, 2023, due to complications from brain cancer.
Florida House
Tim Wakefield’s financial endeavors included real estate. In December 2006, he purchased a waterfront property in Indian Harbour Beach, Florida, for $2.58 million. Posthumously, the estate was listed for sale in November 2024 for $3.3 million, reflecting his lasting impact both on and off the field.
What is Tim Wakefield’s net worth?
Tim Wakefield’s net worth is estimated to be around $20 million. The former MLB pitcher played for 19 seasons and was known for his signature knuckleball pitch. He also earned additional income through endorsements and investments. Despite his successful career, Wakefield has remained humble and continues to give back to his community through various charitable endeavors
How did Tim Wakefield make his fortune?
Tim Wakefield made his fortune through a successful career as a professional baseball player, primarily with the Boston Red Sox. He also invested in real estate and has been involved in various business ventures, including a charity organization. His hard work, determination, and strategic investments have contributed to his wealth and success
What is Tim Wakefield’s salary?
Tim Wakefield’s salary varies depending on his role and team. As a former MLB player, he earned an average of $4 million per year. However, as a current broadcaster for the Boston Red Sox, his salary is not publicly disclosed. It is estimated that he earns a six-figure salary, considering his experience and expertise in the sport
What is Tim Wakefield’s source of income?
Tim Wakefield’s main source of income is his successful career as a professional baseball player. He played for the Boston Red Sox for 17 seasons and also had brief stints with other teams. Additionally, he has earned income through endorsements, appearances, and investments. His longevity in the sport and popularity among fans have also contributed to his financial success
How much money did Tim Wakefield earn during his career?
Tim Wakefield earned an estimated $56 million during his career as a professional baseball player. He played for 19 seasons with the Boston Red Sox and Pittsburgh Pirates, earning multiple awards and accolades. His longevity and success in the sport contributed to his high earnings
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