Kyle Schwarber's Baseball Career Earnings Reach $101 Million
Kyle Schwarber has watched his bank account grow impressively throughout his Major League Baseball career. His income has climbed steadily thanks to lucrative contracts and salaries from playing in the MLB. The Chicago Cubs gave him his professional start, but his time with the Philadelphia Phillies truly boosted his financial standing. According to Baseball-Reference.com, Schwarber has earned a massive $101,092,000 in career earnings through 2025, excluding his 2026 salary.
Net worth estimates often vary by source and are not always detailed publicly. Some algorithmic estimates based on social factors suggest figures like $6.03 million in 2022, $7.04 million in 2023, $8.05 million in 2024, $9.05 million in 2025, and $10.1 million in 2026.
Early Career with the Chicago Cubs (2016-2020)
Schwarber began his MLB journey when the Chicago Cubs selected him in the first round of the 2014 MLB June Amateur Draft. He came directly from Indiana University Bloomington. Initially, his paychecks were modest, typical for a rookie and pre-arbitration player. However, his contributions were crucial in helping the Cubs win the 2016 World Series.
Schwarber missed most of the 2016 season due to a torn ACL but made a dramatic comeback in the World Series. He batted .412 with seven hits in 17 at-bats. This performance significantly raised his profile, even though his salary remained at entry-level rates.
- 2016: Salary of $522,000 with the Cubs. Cumulative earnings: $522,000.
- 2017: Salary of $565,500 with the Cubs. Cumulative earnings: $1,087,500.
- 2018: Salary of $604,500 with the Cubs. Cumulative earnings: $1,692,000.
- 2019: Salary of $3,390,000 with the Cubs (first arbitration-eligible year). Cumulative earnings: $5,082,000.
- 2020: Salary of $7,010,000 with the Cubs. Cumulative earnings: $12,092,000.
Stints with Washington Nationals and Boston Red Sox
In 2021, Schwarber signed a one-year, $7 million deal with the Washington Nationals as a free agent. This move marked his first experience with free agency and offered a chance to revitalize his career. After the Cubs did not retain him, Schwarber worked with hitting coach Kevin Long in Washington to refine his swing.
Reflecting on his career in a 2025 interview with MLB.com, Schwarber noted, "Long helped resurrect Schwarber’s career in Washington in 2021." Later that season, the Nationals traded him to the Boston Red Sox on July 29, 2021. He contributed to their playoff run. With the Nationals, he earned $7,000,000, bringing his total earnings to $19,092,000.
Philadelphia Phillies Contract Boosts Earnings Significantly
Schwarber's financial fortunes soared when he signed a four-year, $79 million contract with the Philadelphia Phillies on March 16, 2022. This deal averaged $19.75 million per year. It followed a strong 2021 season where he hit 32 home runs combined for Washington and Boston.
Phillies' baseball operations president Dave Dombrowski pursued Schwarber for his power-hitting ability and leadership qualities. The contract, along with a $3 million buyout from the Red Sox, increased his total earnings to $41,092,000.
Under the Phillies agreement, Schwarber's salary remained consistent at $20 million annually due to a back-loaded structure. He delivered his best season in 2025, leading the National League with 56 home runs and 132 RBIs. This performance placed him second in the NL MVP voting, behind only Shohei Ohtani.
- 2023: $20,000,000. Cumulative earnings: $61,092,000.
- 2024: $20,000,000. Cumulative earnings: $81,092,000.
- 2025: $20,000,000. Cumulative earnings: $101,092,000.
Securing Long-Term Wealth with the Phillies
In December 2025, Schwarber re-signed with the Phillies on a five-year, $150 million contract. CBS Sports reported this as the largest deal ever for a full-time designated hitter. Details from On Pattison include a $15 million signing bonus, a $15 million salary in 2026, and $30 million annually from 2027 to 2030.
The average annual value for luxury tax purposes is $30 million. During the Winter Meetings in Orlando, Florida, Schwarber chose Philadelphia over similar offers from teams like the Baltimore Orioles. For 2026, his earnings will be $30,000,000 ($15 million salary plus $15 million bonus), raising his cumulative total to $131,092,000.
