Willie Hernandez’s net worth was estimated to be approximately $1.5 million at the time of his death. One of the best pitchers of his time made his fortune largely through his professional baseball career. During the 1970s and 1980s, players were underpaid; but, as a top player, Willie was well compensated. In addition, after retiring from professional competition, he also owned and controlled many different businesses.
Guillermo Hernandez Villanueva, a late Puerto Rican baseball relief pitcher, was born one of eight children to Dinicio and Dominga. He started at third base and outfielder before moving to pitching. Hernandez was signed by the Philadelphia Phillies as an amateur free agent in 1973 and played in the minor leagues before being drafted by the Chicago Cubs in the 1976 Rule 5 draft. On March 24, 1984 , the Phillies traded him to the Detroit Tigers, and the three-time All-Star led the Tigers to a World Series championship. Following his win, he received the American League Cy Young Award as well as the American League Most Valuable Player Award.
Willie Hernandez Salary, Contracts and Income Net Worth
Willie Hernandez began his professional baseball career at the minor level with the Philadelphia Phillies. He started for the Single-A Spartanburg Phillies, Double-A Reading Phillies and Triple-A Oklahoma City 89ers in the minor leagues. Minor league players were underpaid during the 1970s and 1980s. According to reports, the minimum compensation for minor league players under major league contracts was about $1000 per month. With his exceptional throwing ability, Hernandez certainly receives a higher monthly salary, probably around 2000-3000 USD, significantly higher than the minimum wage.
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Assuming the same rates, he would make about $100,000 over three years in the lower leagues, minus the $25,000 signing bonus. Later, when he joined the Cubs, his base salary was around $19,000, eventually increasing to around $90,000 to $100,000. However, his salary with the Phillies for the 1983 season is unknown. He began playing with the Tigers the following season. He signed a four-year contract extension worth $4.65 million in January 1985. In the 1985 season, his compensation was $660,000, increasing to $960,000 in the 1986 season. His earnings increased significantly over the next several seasons, reaching $1,060,000 in 1987, $1,210,000 in 1988, and $1,310,000 in 1989.
Furthermore, after finishing his professional baseball career, he founded and operated a steel construction company in Puerto Rico. Hernandez later sold the construction company and established a cattle ranch. These businesses also brought him some money. Before his death, Guillermo Hernandez Villanueva was said to have a net worth of $1.5 million.
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Willie Hernandez He passed away at the age of 69
After a long battle with heart disease, the 13-year major league veteran passed away at the age of 69. He was believed to have had heart difficulties for nearly 15 years. Hernandez nearly died in 2007 when he had a pacemaker implanted in his heart after pitching the Tigers’ first season opener. After his death, Major League Baseball and his former club, the Detroit Tigers, expressed sympathy on Twitter. They also expressed their condolences to the bereaved family, friends and teammates.
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