Pete Rose Net Worth: A Deep Dive into the Baseball Legend's Wealth

Pete Rose (April 14, 1941 – September 30, 2024), nicknamed Charlie Hustle, was an American baseball legend. He played from 1963 to 1986, mostly with the Cincinnati Reds‘ Big Red Machine, and also with the Philadelphia Phillies and briefly the Montreal Expos.

Rose holds MLB records for hits (4,256), games played, at-bats, and singles. He won three World Series, three batting titles, and was a 17-time All-Star. In 1989, he was banned from baseball for gambling on games, later admitting his wrongdoing in 2004.

Pete Rose Net Worth

At the time of his death, Pete Rose had a net worth of $3 million. Over his career, he earned $7.1 million in salaries, with his highest-earning year being 1986 when the Cincinnati Reds paid him $1 million as a manager. His largest contract as a player was a four-year, $3.225 million deal signed in 1979.

Rose also earned around $100,000 per month in autograph earnings, totaling $1.2 million annually, though he claimed it was closer to $50,000 per month in a 2018 divorce filing.

Early life

Pete Rose was born on April 14, 1941, in Cincinnati, Ohio, to Harry and LaVerne Rose. Encouraged to play sports, he participated in baseball and football at Western Hills High School.

Although small, he earned a starting running back spot on his freshman football team but was not promoted to varsity, causing him to lose interest in academics and repeat his sophomore year. In 1960, Rose played in the Dayton Amateur League, impressing Cincinnati Reds scout Buddy Bloebaum, which led to his signing with the team for $7,000.

Career

Pete Rose made his MLB debut in 1963 when the Cincinnati Reds’ first baseman was injured. He earned the nickname “Charlie Hustle” after sprinting to first base on a walk.

Rose’s first hit came later that year, and he ended the season with a .273 average. In 1965, he led the league in hits and became an All-Star in 1970. The Reds, known as “the Big Red Machine,” won championships in 1975 and 1976. Rose later signed with the Philadelphia Phillies in 1979, won a World Series, and retired in 1986.

Personal life

Pete Rose married Karolyn Englehardt on January 25, 1964, and they had two children, Fawn and Pete Rose Jr., before divorcing in 1980. In 1978, a paternity suit revealed that Rose was the father of Morgan Erin Rubio, whom he acknowledged in a 1996 settlement.

He married his second wife, Carol J. Woliung, in 1984, with whom he had two children, Tyler and Cara. They divorced in 2011. Rose later had a relationship with Kiana Kim, and they appeared on the 2013 TLC reality show Pete Rose: Hits & Mrs.

What was the cause of Pete Rose’s death?

Pete Rose died of natural causes, with the coroner’s office citing “hypertensive and atherosclerotic cardiovascular disease” as the primary causes. A significant condition of diabetes mellitus was also noted. Hypertension, commonly known as high blood pressure, contributed to his health complications.

Conclusion

Pete Rose’s net worth of $3 million, while not as high as some of his contemporaries, is a reflection of a career filled with highs and lows. His journey through baseball’s peaks and valleys has left an indelible mark on the sport’s history.

FAQs about Pete Rose’s Net Worth

What contributed to Pete Rose’s net worth? – His salaries as a player and manager, and later earnings from personal appearances, autograph signings, and endorsements.
Was Pete Rose ever the highest-paid player in MLB? – Yes, in 1978, he became the highest-paid player with the Philadelphia Phillies.
What records does Pete Rose hold in MLB? – He holds records for the most hits, games played, at-bats, singles, and outs in MLB history.
Has Pete Rose’s financial status been affected by controversies? – Yes, his involvement in betting scandals has impacted his financial and professional life.
What are some of the major awards Pete Rose has won? – He has won an MVP Award, Rookie of the Year, two Gold Gloves, and three World Series titles.