Jason Giambi Net Worth

What Is Jason Giambi's Net Worth and Salary?

Jason Giambi is an American former professional baseball player who has a net worth of $50 million. Jason Giambi played 20 seasons in the majors, debuting with the Oakland Athletics in 1995 and quickly emerging as one of the most feared sluggers in the game. Giambi won the American League MVP Award in 2000 after leading the league in on-base percentage and slugging, and helped Oakland reach the postseason multiple times.

In 2001, Giambi signed a seven-year, $120 million contract with the New York Yankees, one of the largest deals in baseball at the time. With the Yankees, he continued to post impressive offensive numbers, including several 30+ home run seasons, and helped the team reach the World Series in 2003. He later returned to Oakland and played final stints with the Colorado Rockies and Cleveland Indians, where he served as a clubhouse leader and occasional pinch-hitter.

A five-time All-Star and two-time Silver Slugger Award winner, Giambi finished his career with 440 home runs, over 2,000 hits, and a reputation as one of the top power hitters of his generation. Despite controversy over performance-enhancing drugs, his longevity and offensive production remain widely respected.

Contracts & Career Earnings

Jason Giambi earned over $140 million in salary during his Major League Baseball career. His most lucrative deal came in December 2001, when he signed a seven-year, $120 million contract with the New York Yankees. The contract included a $17 million signing bonus and backloaded annual salaries, peaking at $21 million in 2007 and 2008. Prior to joining the Yankees, Giambi had already secured a three-year, $9.3 million deal with the Oakland Athletics in 1999. In the latter part of his career, he signed several one-year contracts, including a $1.75 million deal with the Colorado Rockies in 2010 and a $1 million deal with the Cleveland Indians in 2014.

Early Life

Jason Gilbert Giambi was born on January 8, 1971, in West Covina, California. He attended Sacred Heart Private Catholic School and then South Hills High School, where he was a three-sport standout. Giambi was one of the more gifted players on the baseball team, along with three other future Major Leaguers and teammates: infielder Shawn Wooten and pitchers Aaron Small, and Cory Lidle. Since he was voted MVP in both baseball and basketball, Giambi was selected in the 43rd round by the Milwaukee Brewers during the 1989 MLB Draft. Jason was also an All-League quarterback in football.

However, he did not sign in order to attend college. While at Long Beach State University, Giambi played college baseball for the Long Beach State 49ers baseball team. He also played collegiate summer baseball for the Alaska Goldpanners of the Alaska Baseball League and took part in the US national baseball team at the 1992 Olympics in Barcelona, which finished fourth.

MLB Career

With the 58th overall pick in the second round of the 1992 MLB Draft, Jason Giambi was selected by the Oakland Athletics. He started in the minor leagues with the Single-A Southern Oregon A's before being invited to spring training in 1993. He played the 1993 season with the Modesto A's and also played for the Huntsville Stars in the Southern League and Kauai Emeralds in the Hawaii Winter Baseball League.

Giambi made his big league debut with the Oakland Athletics in 1995. He was named the AL MVP in 2000 and was a five-time All-Star (2000-2004) who led the American League in walks four times, on-base percentage three times, and doubles and slugging percentage once each. Jason was also a two-time Silver Slugger Award winner (2001, 2002) and was named the AL Comeback Player of the Year in 2005. He played for the New York Yankees before returning for a second stint with the A's and then rounded out his career with the Colorado Rockies and Cleveland Indians. Giambi has publicly apologized for using performance-enhancing drugs throughout his career.

Jason Giambi ended his career with a .277 batting average with 2,010 hits, 440 home runs, and 1,441 runs batted in. He is a member of the Oakland Athletics Hall of Fame.

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Personal Life & Real Estate

Jason married Kristian, designer and owner of lingerie company Brulee, in February 2002.

Jason Giambi has made several notable real estate moves throughout his career. In 2018, he sold a Mediterranean-style home in the gated Anthem Country Club near Las Vegas for $1.055 million, earning a sizable profit after purchasing it for around $755,000 in 2004. He also co-owned a luxury villa in Cabo San Lucas called "Casa Cielo," a 12,000-square-foot estate that was listed for auction in 2019 with an estimated value of over $10 million. Additionally, Giambi sold a high-end condominium on Manhattan's Upper East Side for approximately $6.8 million.

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