Rickey Henderson Net Worth

In 1982 The Oakland A's Couldn't Solve An Annoying Accounting Error. The Answer Was Framed On Rickey Henderson's Bedroom Wall.

Rickey Henderson Net Worth

As a kid, I rooted for the San Francisco Giants and HATED the Oakland A's. But even the most passionate Giants fans/Oakland haters of the late 1980s and 90s had to respect Rickey Henderson. Rickey played for the A's from 1979 to 1984. He went to the Yankees for 1985 to 1989, then returned to the A's for 1989 to 1993. He played for a few other teams during his impressive career before retiring in 2003, but it was during those years in Oakland and New York when Rickey established himself as the greatest leadoff hitter of all time.

Rickey Henderson currently holds the major league record for stolen bases, runs scored, leadoff home runs, unintentional walks and most stolen bases in a single season. He was an absolute monster when it came to stealing bases, with an MLB record 1,406 bases stolen during his career and a single season record of 130, set in 1982. For context on his all-time stolen bases record (1,406), the second-place person, Lou Brock, had 938.

Bottom line, even if you hated the A's, Rickey Henderson was always fun to watch. And even outside of baseball, Rickey was one of the most entertaining characters of the time. On and off the field he was known for his verbal flubs, many of which were famously delivered by Rickey… in the first person. He was also known for being involved in a number of hilarious, too-good-to-be-true legends. For example:

Here are just a few examples of Rickey Henderson being Rickey Henderson:

  • Rickey once asked a teammate how long it would take to drive to the Dominican Republic, which he thought was a clothing store.
  • He once got frost bite after falling asleep with an ice pack strapped to his ankle and had to miss three games.
  • One time, while he was on the Yankees, Rickey bragged about how awesome his new condo was because apparently it had a view of the "Entire State Building".
  • For his entire career, before every single game Rickey would stand butt-naked in front of his locker and chant, "Rickey is the best" over and over for several minutes.

But out of all the legendary Rickey Henderson legends, the best too-good-to-be-true (but it's actually true!) Rickey Henderson story involves a $1 million signing bonus, and a very awkward call from the Oakland A's accounting office in 1982.

(Photo by Otto Greule Jr/Getty Images)

The $1 Million Check

Rickey made his major league debut on June 24, 1979. In that debut he got two hits in four at-bats and even stolen a base. In 1980, he stole 100 bases in a single season, something only three other players have ever done to this day. In 1981, he was the odds-on favorite player to win the league MVP but unfortunately the season was cut short due to a strike.

Prior the 1982 season, Rickey was earning the league minimum $185,000, (equal to roughly $600,000 today). Thanks to his impressive performance up to that point, the A's showered Rickey with a huge contract. In the next season his salary would jump to $535,000 (roughly $1.6 million today), followed by $950,000 ($2.85 million today).

Best of all, the contract came with a big fat signing bonus.

To reward his performance over those first few years, just before the start of the 1982 season the Oakland A's gave Rickey a $1 million signing bonus. That's equal to $3.3 million today.

As you can imagine, becoming a millionaire overnight was a dream come true for a kid who grew up in a tough neighborhood not far from the Oakland stadium.

But then something very strange happened.

(Photo by David Madison/Getty Images)

An Accounting Conundrum

A few months after the ink was dry on the contract and the $1m check, someone in the Oakland A's accounting office came across an unusual error in their books. No matter how many times he ran the math, that frustrated Oakland accountant could not figure out why the team's books were off by one million dollars. A few thousand bucks would be nothing to sneeze at, maybe even $10,000. But to be off by a full million dollars was absolutely insane.

The discovery of this discrepancy set off a massive investigation until someone finally figured out that the $1 million was related to a single check. A check that had been written to Rickey Henderson four months earlier.

So, someone from the accounting office called up Rickey and asked him if he still had the check. Rickey responded:

"Ya I have it! I'm staring at right now. It's still in the frame."

To which the accountant presumably responded:

"What?"

As you've probably deduced by now, Rickey was so proud of his $1 million dollar check, that he decided to frame it and put it on his wall. Apparently, he was unaware that you have to cash the check in order to actually become a millionaire! The accounting office politely asked Rickey to take the check to his bank, ask them for a photo-copy and then hang that on his wall instead.

Life lesson learned! And just in time too, because over the next 21 seasons Rickey would go on to earn more than $44 million. At some point along the way, Rickey hopefully signed up for direct deposit!

What About Cashing a $15 Million Check?

Sports players forgetting (or not knowing) to cash their checks is a surprisingly common occurrence. And it can be massive checks! For example, back in 2014 it was revealed that Arizona Cardinal cornerback Patrick Peterson waited several months to cash a $15 million dollar bonus check… $15,361,000 to be precise.

When Sports Illustrated finally tracked him down to ask him why he hadn't deposited the check, Peterson replied "I just haven't gotten around to it". 

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Rickey Henderson Net Worth
Rickey Henderson Net Worth
In 1982 The Oakland A's Couldn't Solve An Annoying Accounting Error. The Answer Was Framed On Rickey Henderson's Bedroom Wall. image 2
In 1982 The Oakland A's Couldn't Solve An Annoying Accounting Error. The Answer Was Framed On Rickey Henderson's Bedroom Wall. image 2
The Time Ricky Henderson Framed A $1 Million Check... Instead Of
The Time Ricky Henderson Framed A $1 Million Check... Instead Of