Jose Canseco Net Worth: How Much Contract Did He Sign With The Oakland Athletics?

Jose Canseco Capas Jr. (born July 2, 1964) is a former Major League Baseball (MLB) outfielder and designated hitter who goes by the nicknames Parkway Jose, Mr. 40-40, and El Caonero Cubano (The Cuban Cannon). He made a name for himself as one of the best power hitters in the game while playing with the Oakland Athletics.

He was a six-time All-Star and won the Rookie of the Year and Most Valuable Player awards in 1986 and 1988, respectively. Canseco won the World Series twice, once with the New York Yankees (1989) and once with the Oakland A’s (1989)

Jose Canseco Net Worth

Jose Canseco’s current net worth is about $800,000. He reportedly earned over $40 million over the course of his 17-year MLB career, which he immediately spent. He signed a five-year, $23.5 million contract with the Oakland Athletics in 1990, but his highest pay came from the Boston Red Sox in 1995, when he made $5.8 million.

Jose Canseco Net Worth
Jose Canseco Net Worth


According to ESPN, Jose filed for bankruptcy in Las Vegas in 2012, claiming he had less than $21,000 in personal assets and about $1.7 million in liabilities, including more than $500,000 in tax debt. Undoubtedly, he has recovered some of his losses, but given his spending patterns, Jose is unlikely to ever become a millionaire again.

Jose Canseco Salary

Jose Canseco earned more than $45 million from his baseball career alone. He is now among the wealthiest men in America thanks to it alone. But regrettably, in 2012, the former outfielder was forced to declare bankruptcy. He once held the record for the richest deal in MLB, but everything quickly fizzled out.

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Canseco admitted that the majority of his earnings went to paying taxes to the government and the remainder was used to manage his divorces. In addition to two supercars valued at thousands of dollars apiece, the Baseball player lost $6 million to his ex-wife Esther Hadad. He was known for saying that women are pricey.

Jose Canseco’s Contracts

Former Major League Baseball player Jose Canseco held the record for the highest salary. He signed a $23.5 million contract with the Oakland Athletics in 1990, becoming the first $5 million guy in baseball. Between 1991 and 1995, his pay began to increase yearly. He received $2.8 million in his first year, $3.6 million in the next, $4.1 million in 1993, $4.4 million in 1994, and $5.1 million in 1995.

Also, he received a signing bonus of $3.5 million. Don Mattingly’s record-breaking $19.6 million contract with the New York Yankees was crossed by the Cuban-American. Canseco spent 15 days on the disabled list due to a back issue while it took him almost a month to secure such a lucrative deal for himself.

Jose Canseco’s Property

A mid-2000s English country-style property in Encino that belonged to baseball legend Jose Canseco is currently on sale for $2.59 million. According to documents, that is nearly $1 million more than it sold last summer.

Jose Canseco Net Worth
Jose Canseco Net Worth

The two-story home stands out thanks to its gated landscaping and brick and stone facade with lattice windows. The double doors that open into the 5,169 square feet of newly renovated interiors are framed by two stone lions.

Features include a grand staircase in the foyer, coffered ceilings in the living room, paneled walls in the dining room, and a tile backsplash in the kitchen. The main floor and master suite each include wet bars. The master suite also has two bathrooms and two closets.

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About karen millions

I am an idealistic person who has always strived to make the world a better place. I grew up in Los Angeles and attended UCLA, where I majored in English with an emphasis on writing. After graduation, I worked as a research assistant for a think tank before landing my current position as an editor at a news website.In my spare time, I enjoy researching and writing about social issues that are important to me. My goal is to use my skills as a writer and editor to make a positive impact on the world.

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