Former Dodgers Prospect Flameout Sells Lavish Miami Property for Millions
Former Dodgers prospect Alex Guerrero has found himself some success in his post-baseball world.
Guerrero, who signed with the Dodgers out of Cuba in 2013, never made it as a major leaguer. In 2014, he had just one hit in 13 at-bats for the Dodgers, striking out six times. And in 2015, he did a bit better in a much larger sample size, slashing .233/.261/.434 with 11 home runs and 36 RBIs in 219 at-bats.
However, in 2016, he was back in the minor leagues, and he would never make it back to the majors again, due to injuries and inconsistent play.
On the bright side of things for Guerrero, though, he made himself a pretty penny in his brief stint in the MLB.
When Guerrero came to the Dodgers, he signed a four-year, $28 million. He was released in 2016, but still got the remaining $8 million at the time. So, Guerrero got a healthy amount of money from LA, before signing to play in Japan, where he earned a couple more million dollars.
This was just the start of the money making for Guerrero, though.
After signing the initial contract — which had a signing bonus of $10 million — Guerrero immediately began investing. He bought multiple properties, according to therealdeal.com, including his Florida entity, AG 07 Investments LLC, buying a $3.1 million home on Miami Beach's Palm Island.
Guerrero rented that house for a few years before tearing it down and building a spec home on that property, which was finished last year. That house has officially sold, and it turned out to be a great investment.
Guerrero sold it for $17.2 million to Fred Courtot, the CEO and founder of ModFind which is a website for buying and selling car parts.
Clearly, Guerrero is doing better in his post-playing career than he did in the MLB.
