Joe Torre Net Worth

June 18, 2023
2 mins read
FILE - DECEMBER 9, 2013: It was reported that the Baseball Hall of Fame elected retired managers Joe Torre, Tony La Russa, and Bobby Cox on December 9, 2013. NEW YORK - APRIL 27: Manager Joe Torre of the New York Yankees looks on before playing the Boston Red Sox at Yankee Stadium on April 27, 2006 in the Bronx borough of New York City. (Photo by Jim McIsaac/Getty Images)

Joseph Paul Torre was born on 18 July 1940, in Brooklyn, New York, USA, of part-Italian descent. Joe is a professional baseball executive, former player, and former manager in Major League Baseball (MLB). He is best known for being the Chief Baseball Officer of the league since 2011. He also managed the New York Yankees, guiding them to four World Series championships’ all of his efforts have helped put his net worth to where it is today.

How rich is Joe Torre? As of mid-2016, sources inform us of a net worth that is at $60 million, mostly earned through a successful career in professional baseball. He is the only major leaguer to achieve 2,000 hits as a player and then move on as a manager to 2,000 wins. He’s won numerous awards, and all of these ensured the position of his wealth.

Joe Torre Net Worth $60 million

Torre started his career following the footsteps of his brother Frank Torre. He was signed as an amateur free agent by the Milwaukee Braves in 1960, and would play in the minor leagues with the Eau Claire Bears. In the same year, he won the Northern League batting championship, and would make his major league debut a few months later. He was then assigned to the Louisville Colonels in 1961, but would soon move back to the major leagues, and taking advantage of the opportunity, he reached second place in the 1961 National League Rookie of the Year voting. In 1962, he became the back-up catcher of the team, but would soon become a starter. He then selected as a reserve for the 1963 All-Star Game, and would become the number one catcher of his team. 1964 was Torre’s breakout year as he would achieve 12 home runs with a .312 batting average. He ended the season fourth highest in batting averages, and then placed fifth in the 1964 National League Most Valuable Player Award voting. He continued making stellar performances the following season, joining the team when they relocated to Atlanta. Eventually after a dispute with the General Manager over salary, he was traded to the St. Louis Cardinals. His net worth had become very healthy.

After performing sub-par in his last seasons with the Braves, he performed better with the Cardinals. He had one of his best seasons in 1971, and was rewarded with the 1971 Hutch Award. The following season, he was traded to the New York Mets as his statistics dropped, and was eventually named as the Mets player-manager, but decided to retire from playing to concentrate on doing the managerial job. He stayed as manager of the Mets until the 1981 season, but was then fired because he couldn’t give the team a winning season.

In 1982, he became the manager of the Atlanta Braves, and would help the team to set a record 13 straight wins. They would make a play-off appearance, losing against the St. Louis Cardinals, but he was named Manager of the Year, and would stay until the 1984 season. The following year, Torre worked as a color commentator for the California Angels. He also worked as a commentator for “Game of the Week” and as a guest analyst during the 1989 World Series.

The following year, he became the manager of the St. Louis Cardinals and had winning records during his time with the club. Eventually, he was fired as part of an effort to rebuild the team. He then became the manager of the New York Yankees, helping the team get to the post-season every year during his 12 years with them, winning four World Series and six American League pennants; Torre achieved the second-longest tenure in team history. He then went to manage the Los Angeles Dodgers, but was soon called to become part of the Commissioner’s office, in the position of Executive Vice-President for Baseball Operations, working his way to eventually become the Chief Baseball Officer.

For his personal life it is known that he married Jackie in 1963 and they had a son. His second marriage was to Dani in 1968 and they had two daughters. Both marriages ended in divorce, and in 1987 he would marry Alice Wolterman. They have a daughter.

Daniel Wanburg

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications.

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