What is Framber Valdez's Net Worth?

Framber Valdez is a Dominican professional pitcher for the Houston Astros of Major League Baseball (MLB). He was born in the Dominican Republic on November 19, 1993. He began pitching at the age of sixteen.

On March 19, 2015, Valdez signed a contract with the Houston Astros as an international free agent. He spent a few years in the minor system of the Astros, before making his Major League debut on August 21, 2018. To avoid arbitration, Valdez agreed to a $6.8 million season-long contract with the Astros on January 13, 2023. It was the biggest raise ever given to a pitcher who advanced from year one to year two of arbitration and had not yet been awarded a Cy Young Award, totaling $3.8 million.

Valdez won the World Series with the Astros in 2022, where he played a decisive role in the team's victory. He was also named to the All-Star Game that year and also the following season. He was also part of the All-MLB First Team.

Framber Valdez’s Net Worth in 2023

As of 2023, Framber Valdez’s net worth is estimated to be $5 Million. This net worth can be attributed to his recent contract with the Houston Astros which he signed in 2023. The contract was worth $6.8 million for a duration of one year. He also endorses two brands that contributes to his already impressive net worth.

Framber Valdez Salary

In 2023, Framber Valdez inked a 1-year contract worth $6,800,000 with the Houston Astros, with an average salary of $6,800,000 per year and $6,800,000 guaranteed. There are no clauses in his contract.

Looking back at his contract history, Framber Valdez signed his first contract and got a signing bonus worth $10,000 with the Houston Astros in 2015. In 2018, Framber Valdez agreed to a pre-arbitration contract worth $545,000 with the Houston Astros for a duration of 1-year. He kept on signing with the Astros until his latest contract. For the 2019 season, Framber Valdez signed a pre-arbitration contract worth $566,600 with the Houston Astros. In 2020, Framber Valdez signed a pre-arbitration contract worth $582,200 with the Houston Astros. Next in 2021, Framber Valdez signed a pre-arbitration contract worth $637,300 with the Houston Astros for a duration of 1-year. In 2022, Framber Valdez signed an arbitration contract worth $3,000,000 with the Houston Astros for a duration of 1-year.

Finally, in 2023, Framber Valdez signed an arbitration extension contract worth $6,800,000 with the Houston Astros for a duration of 1-year.

Framber Valdez Endorsements

Framber Valdez endorses two brands. Those two brands are Ricos Products and Sleep on Latex. Ricos Products sells nachos, popcorn rolls and crispy potatoes. On the other hand, Sleep on Latex is a brand that sells pillows and mattresses.

Framber Valdez uses social media to promote these brands and their products.

Framber Valdez Other Sources of Income

Other than his salary and endorsement deals, nothing is mentioned about his sources of income.

Framber Valdez House

Framber Valdez is from Palenque, Dominican Republic. It is assumed that he lives there during the offseason. However, no information has been revealed by him regarding his house or where he lives.

Framber Valdez Charity Work

Framber Valdez is obsessed with building Churches, long before he started concentrating on developing arm power and a pitching arsenal. In the Dominican Republic, in the municipality of Sabana Grande de Palenque, his father operated a construction company, and young the Valdez became fascinated with houses and the labor-intensive process of building them from the ground up. His mother maintained a coffee shop where she served empanadas and juices.

He also accepted Christianity, and at the age of 14, he started going to a nearby church with the slogan "Camino al Cielo," which translates to "Pathway to Heaven." The church had a floor made of moldy dirt from water damage, shredded seats, and damaged music sheets. It was constructed of wood. Framber promised his father that one day he would definitely rebuild that church and now he is keeping his promise.

Framber Valdez and Hector Neris, one of the team's best relievers, organized a charity bowling night to benefit charities in the Dominican Republic and four local nonprofits in Houston. The two Astros pitchers organized the event at 810 Billiards and Bowling downtown after bringing the concept to their agency, Octagon. Funds were raised for Baker Ripley, the Greater Houston Police Activities League, The Tejano Center, and The Houston Astros Youth Academy.