Pete Rose, or Peter Edward Rose, was born April 14, 1941. He is also known as “Charlie Hustle.” Rose is an American former professional baseball player and manager. What is the Pete Rose net worth?
Rose played in Major League Baseball (MLB) from 1963 to 1986. He was also a manager in the MLB from 1984 to 1989.
During his time playing MLB, Rose was a switch hitter. He is the all-time MLB leader in hits at 4,256, games played at 3,562, at-bats at 14,053, singles at 3,215, and outs at 10,328.
Rose won three batting titles, three World Series rings, two Gold Gloves, one Most Valuable Player award, and a Rookie of the Year award.
Both of his Gold Gloves were earned when he was an outfielder in 1969 and 1970.
Of course, all of these accomplishments have contributed to Pete Rose net worth. However, his career went downhill during his time as a manager.
During his last year as a manager in 1989, three years after he retired as a player, Rose was penalized with permanent ineligibility from baseball. This was based on accusations that he gambled on games while he played for and managed the Cincinnati Reds. His charges included claims that he bet on his own team.
The Baseball Hall of Fame formally voted to ban individuals on the “permanently ineligible” list from induction in 1991.
Rose denied the claims publicly for years, but eventually admitted to betting on baseball and on the Reds in 2004. His reinstatement and election to the Hall of Fame is still a much-debated issue in the world of baseball.
ESPN came to its own investigation of Rose in 2015, and determined that he bet on baseball when he was still a player-manager from 1984 to 1986.
These results were made public and showed the records of his bets. U.S. federal authorities seized these records from one of his associates.
Rose is the only person that is on the ineligible list by mutual agreement.
Pete Rose was born on April 14, 1941 in Cincinnati, Ohio. He was born as Peter Edward Rose as one of four children. His parents are Harry Francis “Pete” and LaVerne Rose.
As a young boy, Rose was a member of the Order of DeMolay and his parents encouraged him to play sports.
At Western Hills High School, Rose played baseball and football. He played starting running back in football during his freshman year, but was not promoted to the varsity team during his sophomore year.
This caused him to lose focus on his studies and his teachers said he’d have to do summer school or be held back. His father decided he should be held back rather than missing baseball in the summer.
Because of this, Rose had used up his four years of sports eligibility by his senior year. During the spring of 1960, he joined the Class AA team in the Dayton Amateur League.
In this league, he played catcher, second base, and shortstop.
From there, the Cincinnati Reds decided to take a chance on Rose and he signed a professional contract when he graduated high school.
Pete Rose Net Worth: Playing Career
Now, let’s take a look at the career that contributed to the Pete Rose net worth.
Cincinnati Reds (1963-1978)
During this time, Pete Rose earned Rookie of the Year. He played during the time when the Cincinnati Reds were nicknamed “The Big Red Machine,” acknowledged as having one of the greatest teams of all time.
During his time with the Reds, Rose had his 3,000th hit and hit a 44-game winning streak.
Philadelphia Phillies (1979-1983)
The Phillies believed Rose was the player who could bring them over the top. For a short time, they made him the highest-paid athlete in team sports. They signed him to a four-year, $3.2 million contract as a free agent.
During his time with the team, the Phillies earned three division titles, two Word Series appearances, and their first ever World Series title.
However, in 1983, Rose had the worst season of his career. He made a comeback during the postseason, but the team ultimately lost the World Series to the Baltimore Orioles.
Montreal Expos (1984)
Rose eventually signed a one-year contract with the Montreal Expos.
Cincinnati Reds (1984-1986)
Rose ended up finishing out his career as a baseball player by rejoining the Reds.
In 1986, he was dropped from the Reds’ roster to make room for a new pitcher. He unofficially retired as a player at that time, but remained with the team as a manager until 1989.
In 1964, Rose married Karolyn Englehardt. They had two children, Fawn and Pete Rose Jr. The couple divorced in 1980.
In 1978, a paternity suit was filed claiming that Rose was the father of Morgan Erin Rubio. In a 1996 settlement, he acknowledged that Rubio is his daughter.
In 1984, Rose married again to Carol J. Woliung. They had two children, Tyler and Cara. They divorced in 2011.
While Rose and his second wife were separated, he began an open relationship with Playboy model Kiana Kim. They have been engaged since 2011, and had a reality show called Pete Rose: Hits & Mrs on TLC.
Two of Rose’s children live their lives in the public eye. Cara is a TV actress, appearing in Passions and Melrose Place. She uses the stage name Chea Courtney.
Pete Rose Jr. was a minor league baseball player for 16 years, and played for the Cincinnati Reds in 1997 for an 11-game stint.
AS of 2014, Rose earns over $1 million annually from paid public appearances and autograph signings, contributing to the Pete Rose net worth.