Kenneth Lofton was born on 31 May 1967, in East Chicago, Indiana USA. He is a former baseball player and current film producer, best known for his 17 seasons as outfielder for the Cleveland Indians and numerous other teams in the Major League Baseball (MLB).
So just how wealthy is Kenny Lofton? According to sources in early 2017, Lofton has acquired a fortune over $25 million, accumulated during his baseball career, and through his involvement in the entertainment industry.
Kenny Lofton Net Worth $25 million
Lofton grew up in East Chicago, raised by his grandmother. There he attended Washington High School, becoming a pitcher and center fielder in the school’s baseball team. He also excelled in basketball, receiving a basketball scholarship to play as the backup point guard at the University of Arizona – the Wildcats, which made it to the Final Four of the 1988 NCAA Men’s Division I Basketball Tournament and to the Sweet Sixteen in 1989, with Lofton leading in career steels.
Meanwhile, he joined the school’s baseball team, and soon drew the attention of the Houston Astros, who drafted him in the 17th round of the 1988 MLB draft. He went on to play minor league baseball for the Auburn Astros of the New York–Penn League, the Asheville Tourists of the South Atlantic League, the Osceola Astros of the Florida State League and the Triple-A Tucson Toros of the Pacific Coast League, winning the PCL championship with the latter team and making the league’s All-Star team.
Lofton made his MLB debut with the Houston Astros in 1991, but was soon traded to the Cleveland Indians, signing a four-year, $6.3 million deal with the team, which considerably increased his wealth. During his tenure with the Indians, he constantly led the league with stolen bases, setting the single-season franchise record with 75. He made it to three All-Star Games in a row, earning four consecutive Gold Glove Awards and leading the team to the 1995 World Series. This established him as a valuable player with a $4.75 million annual salary.
However, in 1997 Lofton was traded to the Atlanta Braves of the National League, helping them to win the National League East division. The following year he returned to the American League, signing a three-year, $24 million deal with the Cleveland Indians, significantly improving his net worth. In his last season with the team, his salary rose to $8 million.
In 2002 he joined the Chicago White Sox, who signed him to a one-year, $1.025 million deal. Later that year, he was traded to the San Francisco Giants of the National League, reaching his second World Series. His net worth continued to grow.
In 2003 Lofton joined the Pittsburgh Pirates, signing a one-year, $1.025 million deal, but was then traded to the Chicago Cubs, winning the National League Central division.
He went on to sign a two-year, $6.2 million contract with the New York Yankees in 2004, boosting his fortune. After a brief stint with the Philadelphia Phillies in 2005, he signed a one-year, $3.85 million contract with the Los Angeles Dodgers in 2006. The year 2007 saw him playing for the Texas Rangers, and then reuniting with the Indians for the third time in his career. Following the 2007 season, he retired from professional baseball.
During his 17-season career, Lofton played for 11 clubs, establishing himself as one of the best players in the MLB, his 622 stolen bases ranking him fifteenth all-time, certainly helping him reach stardom and earn significant net worth.
Following his retirement from baseball, he became involved in the entertainment industry. Having earned a degree in studio production at the University of Arizona, he opened a film production company called FilmPool, Inc., and went on to produce several projects, such as the films “The Fix” and “My First Miracle”. He has also been involved in broadcasting, serving as a Fox Sports’ color commentator for the Dodgers. Lofton’s showbiz career has been another source of his fortune.
In his personal life, sources do not have any details regarding Lofton’s past or current relationship status. Aside from his baseball career, Lofton has also played golf.
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