Jacob deGrom is probably best known for winning back-to-back Cy Young awards. His success on the baseball diamond resulted in a financial windfall when the Mets signed him to a long term contract before the 2019 season. Ever wonder how rich deGrom is? Let’s see what is Jacob deGrom’s net worth.
Jacob deGrom has a current net worth of $12 million. This estimate is based on the money deGrom makes mostly with his baseball salary.
After being drafted by the New York Mets in the 9th round of the 2010 MLB June Amateur Draft from Stetson University, deGrom was probably better known for his hair or weight. For much of his college career, he had been an underwhelming shortstop and was stuck on the bench. But that changed with a switch to pitching before his senior year. By the time of his MLB debut in 2014, the tall, slim pitcher’s talent on the mound had gotten noticed.
The Mets gave deGrom a $95,000 signing bonus in 2010. He immediately missed some time in the minor leagues because of Tommy John surgery. In his first MLB season of 2014, the Rookie of the Year’s salary was $377,049. Followed by $556,875 in 2015, $4,050,000 in 2016, and $7,400,000 in 2018. Jacob won his first Cy Young award that year.
The Mets acted preemptively before the 2019 season, one year before deGrom would be a free-agent. They signed him to a five-year contract worth $137.5 million. But $52.5 million of that amount is deferred into the 2030s.
Here’s how much money Jacob deGrom makes a year with the contract: $9,500,000 in 2019, $16,000,000 in 2020, $20,000,000 in 2021, $18,500,000 in 2022, and $30,500,000 in 2023. The deferred salary begins in 2035 with $12,000,000. Then $13,500,000 in 2036, $15,000,000 in 2037, and $12,000,000 in 2038.
Jacob deGrom’s Home
Jacob deGrom lives in DeLand, Florida. Yes, deGrom’s hometown is named DeLand. You can’t make this stuff up. It’s about 45 minutes north of Orlando. It’s described as a lovely little town of around 30,000 people. It’s also the home of Chipper Jones. So no surprise that Jacob grew up an Atlanta Braves fan. In 2016 deGrom and his family bought a modest ranch home in DeLand. The house has 3 bedrooms and 3 baths and resides on a 2.5-acre lot.
Jacob deGrom‘s agent used to be Brodie Van Wagenen of CAA Sports. In 2018, Agent Van Wagenen lobbied for the Mets to sign deGrom to a long term contract or trade him. Then a funny thing happened. Van Wagenen was named the Mets general manager. deGrom decided to stay with CAA Sports (brilliant!). New Mets GM Van Wagenen then signed deGrom to a long term contract.
In November 2020, immediately after Van Wagenen was no longer the Mets GM, deGrom left CAA and is now represented by the VC Sports Group, which also represents Mookie Betts.
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