Luis Castillo Net Worth

Last Modified Nov 21, 2023 06:46 GMT
Luis Castillo
Luis Castillo

Born on December 12, 1992, Luis Castillo is a Major League Baseball (MLB) pitcher from the Dominican Republic who currently plays for the Seattle Mariners. In December 2011, Castillo signed a contract as an international free agent with the San Francisco Giants. 2012 saw him make his professional debut with the DSL Giants, where he played the entire season, finishing 1–3 in 54.1 relief innings pitched with a 3.31 ERA. He went back there in 2013 and went 0-1 with a 0.64 ERA in 27 relief appearances.

Castillo made his Major League Baseball debut on June 23, 2017, with the Cincinnati Reds against the Washington Nationals. Following his promotion to the Major Leagues, Castillo played with the Reds for the rest of the season, going 3–7 with a 3.12 ERA in 15 starts. He has risen through the ranks since and has been named to 3 All-Star games due to his impressive performances on the baseball field.

NameLuis Miguel Castillo
Net Worth$20 Million (estimated)
Age30 years
ResidenceN/A
Marital StatusMarried
Source of WealthBaseball
Salary$21,600,000 (as of 2023)
Endorsements
  • Budweiser
  • JUNK

Luis Castillo’s Net Worth in 2023

As of 2023, Luis Castillo’s net worth is estimated to be $20 Million. His impressive net worth is the result of signing multiple contracts throughout his career. He also has a few endorsement deals to his name, which increases his net worth.

Luis Castillo Salary

The Seattle Mariners and Luis Castillo agreed to a five-year, $108,000,000 contract that included a $7,000,000 signing bonus with an average annual salary of $21,600,000 in September 2022. Castillo's base salary in 2024 will be $22,750,000, with a total compensation of $24,150,000.

The clauses of Luis Castillo’s contract are, from 2023 to 2025 he will have a full No Trade Clause. His contract has a 2028 Vesting option, Vests with 180 IP in 2027, If Castillo misses 130+ days in 2025-2027 due to a UCL injury, this becomes a $5M team option, he will get a Trade Assignment Bonus of $1M from 2025 to 2027. Next, if he wins the Cy Young Award he will receive a bonus of $500,000, if he ranks somewhere between 2nd place or 5th place he will receive $250,000. Next he will receive $100,000 each for WS MVP, Reliever of the Year award. He will receive an amount of $50,000 each for Gold Glove, All-Star (original ballot), LCS MVP, and lastly, for All-Star Selection he will receive a bonus of $25,000. He will commence his unrestricted free agency in 2029.

Talking about his contract history, in 2016, Luis Castillo signed a pre-arbitration contract worth $535,000 with the Miami Marlins. On January 19, 2017, he was traded to the Cincinnati Reds for Dan Straily. Then in 2018, Luis Castillo signed a pre-arbitration contract worth $555,000 with the Cincinnati Reds for a duration of 1-year. After that in 2019, Luis Castillo signed a pre-arbitration contract worth $557,000 with the Cincinnati Reds for a duration of 1-year. In 2020, Luis Castillo signed a pre-arbitration contract worth $663,500 with the Cincinnati Reds for a duration of 1-year. Next in 2021, Luis Castillo signed an arbitration contract worth $4,200,000 with the Cincinnati Reds for a duration of 1-year. Again in 2022, Luis Castillo signed an arbitration contract worth $7,350,000 with the Cincinnati Reds for a duration of 1-year.

Finally, in 2022, Luis Castillo signed an arbitration extension contract worth $108,000,000 with the Seattle Mariners for a duration of 5 years (Starting from 2023 till 2027).

Luis Castillo Endorsements

Luis Castillo endorses two brands. Those two brands are Budweiser and JUNK. Budweiser is a leading beer company that sells premium beers, and JUNK is a sports apparel store that sells various kinds of sports products and accessories.

Luis Castillo uses social media to promote these brands and their products.

Luis Castillo Other Sources of Income

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

Luis Castillo House

He hails from Bani, Peravia, Dominican Republic. He has not discussed information regarding his current residence to maintain privacy.

Luis Castillo Charity Work

No information is present about Luis Castillo’s charity works in the public domain.

FAQs

A. Luis Castillo is 30 years old (as of November 2023). 

A. As of 2023, Luis Castillo’s net worth is estimated to be $20 Million.

A. Luis Castillo’s current annual salary is $21,600,000 (As of 2023).

A. The brands Luis Castillo endorses are Budweiser and JUNK.

A. Luis Castillo plays for the Seattle Mariners in Major Lеaguе Baseball.

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