Baseball star Mike Trout signed a $426.5 million contract — why he’s worth $630 million [MarketWatch]
Nike, Inc. (NKE)
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Source: MarketWatch
Baseball star Mike Trout signed a $426.5 million contract — why he’s worth $630 million Major League Baseball doesn’t market its individual players as much as leagues like the NBA and NFL, so a lot of people might not have heard of Mike Trout. But he’s been arguably the best player in baseball for over five years, and now he’s the highest-paid athlete in the country. Trout, 27, recently signed a contract extension that will pay him a total of $426.5 million until he’s 39 years old. Born in New Jersey, Trout was picked by the Angels in the first round in 2009. He was AL rookie of the year in 2012 and has been an All-Star seven times, baseball’s MVP twice, and he’s finished second in MVP voting four times. Also see: Tim Tebow on investing: Tithe first, and find ways to make money while you sleep Granted, seeing that an athlete is being paid almost half a billion dollars seems staggering, but compared with his fellow players, he is “worth” it, many baseball statisticians and experts s
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