Pete Rose remains one of the most talked about figures in Major League Baseball. Known as the all-time hits leader, he built a legendary career with the Cincinnati Reds, Philadelphia Phillies, and Montreal Expos.
Despite his success on the field, Rose’s financial journey tells a very different story. From million-dollar contracts and autograph deals to scandals, tax problems, and a lifetime ban, his wealth went through many ups and downs.
At the time of his death, reports confirmed Pete Rose net worth stood at $3 million. This introduction explores the rise, fall, and lasting legacy of his finances alongside his iconic baseball career.
Profile Summary
Pete Rose was one of the most famous players in Major League Baseball history. He was known as the MLB all-time hits leader and built a reputation as a fearless competitor. His financial life, however, was filled with highs and lows. At one point, the Cincinnati Reds Pete Rose net worth was estimated to be in the millions, but later he faced serious money issues.
The table below shows a short profile of his financial and career background.
Attribute | Details |
Name | Pete Rose |
Nickname | “Charlie Hustle” |
Profession | Former MLB Player, Manager |
Main Team | Cincinnati Reds |
Key Record | MLB all-time hits leader with 4,256 hits |
Known For | Pete Rose gambling scandal, tax troubles, and ban from MLB Hall of Fame |
Net Worth at Death | $3 million |
Who is Pete Rose?
Pete Rose was an American professional baseball player and manager. He played most of his career for the Cincinnati Reds and became famous for his record-breaking performances. Fans admired his aggressive style of play, earning him the nickname “Charlie Hustle.”
Despite his achievements, Rose’s life off the field was complicated. The Pete Rose Hall of Fame ban overshadowed much of his legacy. His name often comes up in discussions about Pete Rose financial problems, Pete Rose endorsements, and Pete Rose lifetime earnings.
Early Life
Pete Rose was born in 1941 in Cincinnati, Ohio. From a young age, he loved baseball and worked hard to improve his skills. His father encouraged him to practice every day, which shaped his disciplined personality.
This dedication helped him enter professional baseball. Later, his incredible performances earned him a spot as the MLB all-time hits leader wealth holder. His early years showed the determination that defined his career and his money-making potential.
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Relationships
Pete Rose had several important relationships that shaped both his personal life and his finances. His first marriage was to Karolyn Englehardt in 1964, and they had two children together before divorcing in 1980. This divorce impacted his wealth, as part of his Pete Rose net worth went toward the settlement. In 1984, he married Carol J. Woliung, and the couple had two children before divorcing in 2011. The divorce again affected his finances, demonstrating how personal relationships influenced his overall fortune.
After his second divorce, Rose began a long-term relationship with Kiana Kim, a model and reality TV personality. Their engagement in 2011 brought public attention and media deals, increasing his Pete Rose endorsements and autograph opportunities. During this period, he continued to earn from autograph signings and memorabilia sales, helping recover some of his Pete Rose financial problems. This shows how relationships and public life were closely tied to his financial journey.
Attribute | Details |
Relationship Start | 1964 with Karolyn Englehardt, 1984 with Carol J. Woliung, 2011 with Kiana Kim |
Married | Twice (1964, 1984) |
Divorced | Twice (1980, 2011) |
Children | 4 biological, 2 stepchildren |
Public Appearances | TV shows, autograph signings, reality series with Kiana Kim |
Role in Family Life | Father and partner |
Connection to Career | Linked to Pete Rose endorsements and media exposure |
Financial Impact | Pete Rose divorce settlement money reduced wealth, Kiana Kim era boosted visibility |
Career
Pete Rose’s baseball career began with the Cincinnati Reds in 1963. Over two decades, he played for the Reds, Phillies, and Expos. He became a star and signed several Pete Rose contracts with the Phillies and Reds, boosting his fortune.
His relentless pursuit of records made him a household name. However, his later role as a manager and his involvement in the Pete Rose gambling scandal overshadowed his success on the field.
Career Earnings
Pete Rose earned millions throughout his career. His Pete Rose career earnings came from salaries, contracts, and appearances. At his peak, Pete Rose’s salary history placed him among the highest-paid players of his time.
Below is a table showing highlights of his salary history:
Year | Team | Estimated Salary |
1979 | Philadelphia Phillies | $800,000 |
1984 | Montreal Expos | $1 million |
1986 | Cincinnati Reds | $500,000 |
These figures made him one of the wealthiest players of his era, though poor money management reduced his fortune later.
Monthly Autograph Earnings
After his retirement, Pete Rose made money from Pete Rose autograph income and appearances. Fans were willing to pay for his signature, and this became a steady income source.
Reports showed that his Pete Rose autograph signing income sometimes reached $50,000 a month. The Pete Rose memorabilia value also remained strong, keeping his finances afloat even during tough times.
What was Pete Rose’s Net Worth and Salary?
So, how much was Pete Rose worth? At the time of his death, his net worth was estimated at $3 million. This came from a mix of Pete Rose real estate sales, autograph sessions, and past contracts.
Even though his Pete Rose lifetime earnings were much higher, financial mistakes brought his final net worth down. The Pete Rose fortune at death was a fraction of what he earned during his playing days.
Attribute | Details |
Career Earnings | $7.1 million |
Highest Salary Year | 1986 – $1 million |
Autograph Income | $50,000–$100,000 per month |
Contracts | Phillies & Reds, 1979–1986 |
Real Estate Sales | Sold home in 2014 for $1.96 million |
Divorce Settlements | 1980 & 2011 |
Net Worth at Death | $3 million |
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Gambling
One of the darkest chapters in Rose’s story was the Pete Rose gambling scandal. While managing the Cincinnati Reds, he was caught betting on games.
This decision destroyed his reputation. It also cost him entry into the Hall of Fame, fueling debates about the Pete Rose legacy and finances.
1990s Tax Issues
Pete Rose’s problems continued in the 1990s. He faced a Pete Rose tax evasion case, which ended with jail time. He failed to pay taxes on earnings from Pete Rose endorsements and appearances.
This event highlighted the depth of his Pete Rose financial problems. His fortune shrank, and he sold assets to cover debts.
Attribute | Details |
Issue | Pete Rose tax evasion case |
Period | 1990s |
Cause | Unreported income from autograph sales and horse betting |
Legal Outcome | Guilty plea, 5 months prison, $50,000 fine |
Back Taxes Paid | $350,000+ |
Financial Impact | Pete Rose financial problems, forced asset sales |
Recovery | Continued Pete Rose autograph income helped finances |
Real Estate
Pete Rose also owned property during his career. The Pete Rose real estate sales helped cover his legal and financial issues later in life. Some sales were forced due to debt.
These sales reduced his long-term wealth, proving how financial troubles followed him even after retirement.
Pete Rose Career Earnings
The combination of salaries, contracts, and side ventures added up. The Pete Rose salary history showed millions earned over two decades. However, after taxes, divorces, and gambling, his net worth declined sharply.
Despite earning nearly $10 million in his playing years, the Pete Rose lifetime earnings did not secure his financial future.
Team & Season | Salary |
Cincinnati Reds (1986-87) | $1,000,000 |
Cincinnati Reds (1985-86) | $358,900 |
Montreal Expos (1984-85) | $700,000 |
Philadelphia Phillies (1982-83) | $910,000 |
Philadelphia Phillies (1981-82) | $705,000 |
Philadelphia Phillies (1980-81) | $805,000 |
Philadelphia Phillies (1979-80) | $905,000 |
Cincinnati Reds (1978-79) | $375,000 |
Cincinnati Reds (1977-78) | $375,000 |
Cincinnati Reds (1976-77) | $188,000 |
Cincinnati Reds (1974-75) | $160,000 |
Cincinnati Reds (1973-74) | $110,000 |
Cincinnati Reds (1972-73) | $107,500 |
Cincinnati Reds (1971-72) | $107,500 |
Cincinnati Reds (1970-71) | $105,000 |
Cincinnati Reds (1969-70) | $85,000 |
Cincinnati Reds (1968-69) | $55,500 |
Cincinnati Reds (1967-68) | $46,000 |
Total Career Earnings | $7,100,000 |
Death
In 2024, Pete Rose passed away at his home in Nevada. Reports confirmed that the Pete Rose 2024 death net worth was about $3 million.
His passing marked the end of a controversial journey that mixed greatness and scandal.
Pete Rose net worth valued at $3 million at the time of his death
The final estimate of how much Pete Rose was worth stood at $3 million. The Pete Rose fortune at death reflected his struggles with money management.
This number was small compared to other MLB legends. Still, it highlighted his ability to survive financial disasters with steady autograph earnings.
MLB ban, gambling accusations cost Rose $100 million
Experts say the Pete Rose Hall of Fame ban and gambling accusations cost him over $100 million. Lost Pete Rose endorsements, speaking opportunities, and MLB jobs created this massive financial gap.
The Pete Rose gambling scandal not only hurt his image but also destroyed his chance to grow wealth like other retired stars.
Pete Rose found dead in Clark County, Nevada, home in September
News outlets reported that Rose was found in his Clark County, Nevada home. The Pete Rose 2024 death net worth reports soon followed. His death shocked baseball fans worldwide.
It reminded people of his amazing career and his deep financial struggles.
FAQ’s
How much was Pete Rose worth at death?
The Pete Rose fortune at death was about $3 million.
What were Pete Rose’s biggest financial problems?
The Pete Rose gambling scandal, Pete Rose tax evasion case, and Pete Rose divorce settlement money were major issues.
Did Pete Rose earn from autographs?
Yes, Pete Rose autograph income and Pete Rose memorabilia value provided steady cash.
Why was Pete Rose banned from the Hall of Fame?
The Pete Rose Hall of Fame ban was due to gambling on baseball games.
Who inherits Pete Rose’s money?
His estate and assets were inherited by his children and fiancée Kiana Kim.
What does Pete Rose Jr. do for a living?
Pete Rose Jr. is a former professional baseball player and now works as a coach and in sports management.
How did Pete Rose lose his money?
He lost money due to gambling, divorces, tax issues, and legal fines.
How much did Pete Rose owe in taxes?
He owed over $350,000 in back taxes from unreported income in the 1990s.
How much did Pete Rose make per year?
His annual salary varied from $46,000 in 1967 to $1 million in 1986 as a manager.
Does Pete Rose have a twin brother?
No, Pete Rose did not have a twin brother.
What ended Pete Rose’s career?
His career ended after he was banned from MLB for gambling on games.
Was Pete Rose ill when he died?
Public reports did not specify any major illness before his death in 2024.
Why is Pete Rose not in the Hall of Fame?
He is banned due to the Pete Rose gambling scandal for betting on baseball games.
Who was Pete Rose’s wife when he died?
He was engaged to Kiana Kim at the time of his death.
Does Pete Rose have any grandchildren?
Yes, he had grandchildren through his children.
How many times did Pete Rose get married?
Pete Rose was married twice, first to Karolyn Englehardt and then to Carol J. Woliung.
Conclusion
Pete Rose’s life was a mix of incredible achievements and significant challenges. As the MLB all-time hits leader, he earned fame, accolades, and millions during his career. However, controversies like the Pete Rose gambling scandal, Hall of Fame ban, tax issues, and divorces affected his finances.
Despite these setbacks, he continued generating income through autograph signings, endorsements, and memorabilia sales. At the time of his death in 2024, his Pete Rose net worth was reported at $3 million. His story shows that legendary talent doesn’t always guarantee financial security, but his legacy in baseball and earnings from his brand remain noteworthy.