Joey Votto Net Worth
Amounts mentioned are estimates based on public sources and can vary depending on methodology (income, assets, debt) and update date.
Joey Votto, a Canadian professional baseball player, has an estimated net worth of $110 million. Born on September 10, 1983 in Toronto, this first baseman built his wealth primarily through his career in Major League Baseball (MLB).
At 41 years old, Votto is recognized for his remarkable journey with the Cincinnati Reds, the team with whom he spent all 17 of his professional years. His impressive height of 1.91 meters contributed to his success on the field, making him an accomplished athlete and one of the wealthiest baseball players to come out of Canada.
Joey Votto
Overview
Quick Facts
Joey Votto is a Canadian professional baseball player who plays first base for the Cincinnati Reds. His net worth is estimated at approximately €110 million.
During his MLB career, he accumulated nearly €250 million. In his final years, his annual salary was around €25 million.
His most lucrative contract was a 10-year extension with the Cincinnati Reds worth €225 million, signed in 2012 and valid through 2025.
Career Overview
MLB Debut with the Cincinnati Reds
Joey Votto made his Major League Baseball (MLB) debut on September 4, 2007, posting an impressive batting average of .321 with 4 home runs and 17 RBIs.
At first, he shared first base duties before becoming the starter during the 2008 season. His remarkable performance earned him second place in the voting for National League Rookie of the Year.
The 2009 season was personally difficult for Votto following the death of his father. He struggled with depression and anxiety. Despite these hardships, he maintained a batting average of .322 and hit 25 home runs. He also represented Canada at the 2009 World Baseball Classic.
In 2010, Votto had his best season, winning the National League Most Valuable Player (MVP) award with a .324 average, 37 home runs, and 113 RBIs. This exceptional performance also earned him the National League Hank Aaron Award.
Signing a Lucrative Contract
At the start of the 2011–2012 season, Votto negotiated a three-year contract worth $38 million. His consistent performances led to another All-Star selection.
In April 2012, he signed a historic contract extension:
| Contract Details | |
|---|---|
| Duration | 10 years |
| Total Value | $225 million |
| Period | 2014–2024 |
| Annual Salary | $25 million |
This extension made him the highest-paid Canadian athlete in the MLB at the time. Between 2013 and 2016, Votto continued to deliver remarkable performances, earning several All-Star selections.
The Reputation of an On-Base Master
During his peak years, Votto was considered one of the best players in the MLB. His ability to get on base was legendary.
From 2017 onward, despite recurring injuries, he maintained impressive on-base and slugging percentages.
His key strengths included:
- Exceptional plate vision
- Remarkable discipline against pitchers
- Consistent power at the plate
- Tactical intelligence in his approach to the game
From 2018 to 2021, Votto continued to demonstrate his value through high on-base percentages, although the final stretch of his career was marked by injuries.
In 2022, persistent physical issues compromised his typically exceptional performances. He had to undergo surgery on his left rotator cuff, ending his season. After maintaining impressive batting averages for years, Votto was forced off the field.
Even after his surgery, he remained connected to baseball by participating in media programs and making appearances in the Reds’ television broadcast booth.
Votto’s accolades include his first Gold Glove in 2011 and five Tip O’Neill Awards. He is remembered for his dedication to baseball and for the remarkable feat of hitting 29 home runs in a single season.
MLB Salary
Joey Votto began his professional career with a signing bonus of €600,000 from the Cincinnati Reds in 2002. After five years in the minor leagues, he made his MLB debut in 2007 with a modest salary of €56,079.
His early years in the major leagues were marked by relatively modest annual contracts:
- 2008: €390,000
- 2009: €437,500
- 2010: €525,000
His financial situation changed significantly in 2011 when he signed his first multi-year extension. This three-year contract worth €38 million included a signing bonus of €6 million spread over the duration of the contract:
- 2011: €8.1 million
- 2012: €11.05 million
- 2013: €19.05 million
Historic 2014 Contract
In 2014, Votto signed a spectacular ten-year extension worth €225 million with the Reds. This contract, which ran through 2023, guaranteed him an average annual salary of €22.5 million. For several years, his base salary reached €25 million per season.
Here are the details of his salaries during this period:
| Year | Team | Salary (€) |
|---|---|---|
| 2014 | Cincinnati Reds | 12,000,000 |
| 2015 | Cincinnati Reds | 14,000,000 |
| 2016 | Cincinnati Reds | 20,000,000 |
| 2017 | Cincinnati Reds | 22,000,000 |
| 2018 | Cincinnati Reds | 25,075,000 |
| 2019 | Cincinnati Reds | 25,000,000 |
| 2020* | Cincinnati Reds | 9,259,259 |
| 2021 | Cincinnati Reds | 25,000,000 |
| 2022 | Cincinnati Reds | 25,000,000 |
| 2023 | Cincinnati Reds | 25,000,000 |
*The reduced salary in 2020 was due to the season shortened by the pandemic.
Joey Votto signing autographs for young fans
When Votto retired after the 2023 season, approximately €20 million remained on his contract. He reached a buyout agreement with the Reds for €7 million.
Despite a brief comeback attempt with the Toronto Blue Jays on a minor league contract, an ankle injury ultimately pushed him into permanent retirement.
In total, Joey Votto earned nearly €242.5 million in salaries and bonuses throughout his MLB career, all with the Cincinnati Reds, making him one of the highest-paid baseball players of his era.
Estimated Net Worth
Joey Votto’s net worth is estimated at approximately $110 million. This considerable fortune comes primarily from his professional baseball career, where he played as a first baseman. His 10-year contract with the Cincinnati Reds, worth $225 million, represents a major portion of this wealth.
Votto joined the Reds in 2007 and became a four-time All-Star.
As a Canadian player born in Toronto in September 1983, Votto spent his entire 17-year career in Major League Baseball with the same team. His earnings include not only his baseball salaries but potentially also endorsement deals and other investments.
Real Estate
Indian Hill Property
Joey Votto acquired an impressive residence in Indian Hill, Ohio in September 2012. This 936-square-meter home with five bedrooms cost him $2.8 million. The property formerly belonged to NFL player John Thornton.
Joey Votto’s residence in Indian Hill
Unfortunately, this transaction did not prove to be a good investment for Votto. In November 2024, he sold the property for $2.75 million, recording a slight loss on the original purchase price. Taking into account various fees and property taxes paid over more than a decade, the total loss could be close to $500,000.
Hermosa Beach Property
In December 2018, Votto invested in a oceanfront property in Hermosa Beach, California. This 355-square-meter residence with four bedrooms was purchased for $10.5 million.
Unlike his Ohio property, this investment appears more profitable. Current estimates value this home at approximately $13.3 million. According to public records, Votto pays approximately $120,000 per year in property taxes for this California property.
Joey Votto’s property in Hermosa Beach
Highlights
Joey Votto had a remarkable career with several major distinctions:
- National League MVP (2010)
- National League Hank Aaron Award (2010)
- Gold Glove (2011)
- 6 All-Star selections (2010–2013, 2017, 2018)
These honors reflect his excellence at first base and his exceptional offensive contributions in the National League.
Summary
Joey Votto, a Canadian baseball player, has an estimated net worth of $110 million. Born in Toronto in 1983, he spent his entire professional career with the Cincinnati Reds, becoming one of the most respected first basemen in the MLB. His landmark $225 million contract signed in 2012 propelled his fortune to new heights. Known for his plate discipline and baseball intelligence, Votto won several awards including the MVP title in 2010. Now retired, he remains an iconic figure in baseball and a model of financial success in Canadian sport.
Frequently Asked Questions
What is Joey Votto’s total net worth?
Joey Votto’s net worth is estimated at approximately $110 million. This Canadian professional baseball player accumulated this wealth primarily through his career in Major League Baseball (MLB).
What is Joey Votto’s annual salary under his current contract?
Joey Votto signed a massive contract with the Cincinnati Reds, one of the largest in MLB history. This contract surpassed the previous record of $116.5 million over nine years. His deal guarantees him a substantial income each year, contributing significantly to his total net worth.
How does Joey Votto rank among baseball players in terms of net worth?
Joey Votto is among the highest-paid baseball players. He is notably mentioned in rankings of the wealthiest baseball athletes, reflecting his privileged financial position in the sport.
Is Joey Votto considered one of the wealthiest baseball players?
Yes, Joey Votto is considered one of the richest baseball players. He appears on the list of the “15 Richest Baseball Players of All Time”. This list confirms his place among the financial elite of the sport.
How has his contract influenced his net worth?
Joey Votto’s contract has had a decisive impact on his personal net worth. Experts describe this historic contract as making him “the $250 million man”. This contract is the cornerstone of his current wealth. Experts believe this deal was justified given his exceptional performances with the Cincinnati Reds.
How does Joey Votto’s net worth compare to that of Hall of Fame members?
Joey Votto’s net worth is $110 million. This places him in a financial position comparable to certain members of the Baseball Hall of Fame. Born in September 1983 in Toronto, Canada, Votto joined the Cincinnati Reds in 2007. He became a four-time All-Star, which contributed to his value on the sports contract market.
Editorial methodology
The estimates published by Lama Fortune rely on public sources, media references, and sector comparisons. They are provided for informational purposes only and do not constitute financial advice.
