Spencer Steer 2025: Net Worth, Career Earnings, Contract, Salary

Spencer Steer has quietly established himself as a versatile utility player for the Cincinnati Reds since his debut in 2022. As we move through the 2025 MLB season, fans are increasingly curious about the financial aspects of Steer’s career alongside his on-field performance.

From his humble beginnings as a college standout at Oregon to becoming a key contributor for the Reds, Steer’s journey through professional baseball offers an interesting look at player development and financial growth in America’s pastime.

This article provides a comprehensive overview of Spencer Steer’s career, earnings, and personal details as he continues to build his MLB legacy.

Spencer Steer’s Biography

Early Career

Spencer Gordon Steer was born on December 7, 1997, in Long Beach, California. His baseball journey began at Millikan High School in his hometown, where he showed enough promise to catch the attention of major league scouts.

The Cleveland Indians selected Steer in the 29th round of the 2016 MLB draft, making him the 872nd overall pick. However, Steer opted not to sign with Cleveland, instead choosing to pursue his education and further develop his baseball skills at the collegiate level.

Steer enrolled at the University of Oregon, where he would become a standout player for the Ducks baseball program. During his college career, Steer collected numerous accolades that highlighted his growing talent. In 2017, he was named to the Collegiate Baseball Freshman All-America team, marking an impressive start to his university career.

His sophomore year in 2018 brought him All-Pac-12 Conference Honorable Mention and Pac-12 All-Academic Honorable Mention recognitions, demonstrating his ability to excel both on the field and in the classroom.

Steer’s junior year in 2019 was his breakout season at Oregon. He earned First-Team All-Pac-12 Conference honors and was named to the Pac-12 Conference All-Defensive Team. He led the Ducks in eight offensive categories including batting average (.349), hits (75), and RBI (57).

His 57 RBIs that season was one of four school records he set during his junior campaign. By the end of his college career, Steer had established himself in Oregon baseball history, setting the school record for RBI (129) and multiple-RBI games (37).

During the summers, Steer continued to hone his skills in collegiate summer leagues. In 2018, he played for the Orleans Firebirds of the prestigious Cape Cod Baseball League, which is known for showcasing top college talent to professional scouts.

His impressive performance at Oregon significantly raised his draft stock compared to his high school days. In the 2019 MLB Draft, the Minnesota Twins selected Steer in the third round as the 90th overall pick, making him the highest-drafted position player from Oregon at that time in the modern era of the university’s baseball program. On June 19, 2019, Steer signed with the Twins, receiving a signing bonus of $575,000 to begin his professional baseball career.

The transition from college to professional baseball began immediately for Steer. After signing with the Twins, he was assigned to the Elizabethton Twins, the organization’s rookie-level affiliate in the Appalachian League. Steer quickly adapted to professional pitching and earned a promotion to the Cedar Rapids Kernels, the Twins’ Class A affiliate in the Midwest League, within the same season.

This rapid advancement through multiple levels in his first professional season demonstrated the Twins’ confidence in his abilities and his readiness for higher levels of competition.

Steer’s early professional career was marked by steady development as he showed his versatility by playing multiple infield positions. His ability to adapt to different defensive assignments while maintaining offensive production would become a defining characteristic of his playing style as he progressed through the minor leagues.

Professional Career

Spencer Steer’s professional journey took an unexpected turn in 2020 when the minor league baseball season was canceled due to the COVID-19 pandemic. Like many prospects, Steer lost a year of competitive development, but he continued to train and prepare for his return to official play.

When minor league baseball resumed in 2021, Steer was assigned to the Cedar Rapids Kernels, now serving as the Twins’ High-A affiliate. His performance at Cedar Rapids was impressive enough to earn him a mid-season promotion to the Wichita Wind Surge, Minnesota’s Double-A affiliate.

Across these two levels in 2021, Steer demonstrated significant power development, hitting a combined 24 home runs with 66 RBIs while slashing .254/.348/.484 in 110 games. This power surge established Steer as one of the more promising bats in the Twins’ farm system.

The 2022 season saw Steer continue his ascent through the minor leagues. After starting the season with the Wichita Wind Surge, he earned another promotion to the St. Paul Saints, the Twins’ Triple-A affiliate, putting him just one step away from the major leagues. His continued offensive production and defensive versatility caught the attention of scouts across the league.

On August 2, 2022, a significant career moment arrived when the Minnesota Twins traded Steer, along with Steve Hajjar and Christian Encarnacion-Strand, to the Cincinnati Reds in exchange for pitcher Tyler Mahle.

This trade represented both a challenge and an opportunity for Steer – while he was leaving the organization that drafted him, he was joining a rebuilding Reds team that could offer a faster path to regular major league playing time.

After the trade, Steer was assigned to the Louisville Bats, Cincinnati’s Triple-A affiliate. His performance with Louisville was so impressive that the Reds selected his contract and promoted him to the major leagues on September 1, 2022. Spencer Steer made his MLB debut the following day on September 2, 2022, and it was memorable.

In his first major league game, he went 2-for-2 with his first MLB hit (a double), his first home run, and drew two walks. This outstanding debut offered Reds fans a glimpse of the potential impact Steer could have with the team.

Steer finished the 2022 season appearing in 28 games for the Reds, batting .211 with 2 home runs and 8 RBIs. While these numbers were modest, they represented valuable major league experience that would benefit him going forward.

The 2023 season was Steer’s first full major league campaign, and he took advantage of the opportunity. Playing in 156 games, he established himself as one of the Reds’ most consistent performers. He finished the year with a .271 batting average, 23 home runs, and 86 RBIs, leading the team in home runs and RBIs.

His OPS of .820 demonstrated his ability to both get on base and hit for power. Steer’s defensive versatility was also on display as he played significant innings at first base, third base, and left field.

His strong rookie season earned him several accolades. Steer was named the National League Rookie of the Month for May 2023 and finished sixth in NL Rookie of the Year voting. He was also selected to the Baseball America Major League All-Rookie Team and received the Reds’ Ernie Lombardi MVP Award, recognizing him as the team’s most valuable player for the season.

The 2024 season saw Steer continuing to be a key contributor for the Reds, though his offensive production dipped somewhat from his rookie campaign. He appeared in 158 games, batting .225 with 20 home runs and 92 RBIs. While his batting average decreased, he showed improvement in other areas, stealing 25 bases (up from 15 in 2023) and drawing more walks.

Steer continued to demonstrate his defensive versatility, playing primarily in left field but also seeing significant time at first base. His efforts were recognized when he was named NL Player of the Week in April 2024.

As the 2025 season began, Steer faced an early challenge with a shoulder injury that limited his throwing ability. As a result, he was initially assigned to the Dayton Dragons, likely for a rehabilitation assignment. The early part of the 2025 season saw Steer struggling at the plate, batting just .048 through the first six games. However, his track record suggests he has the ability to overcome this slow start as the season progresses9.

Throughout his professional career, Steer has established himself as a valuable utility player who can contribute at multiple positions while providing steady offensive production. His ability to adapt to different roles has made him an important piece of the Reds’ roster as they continue their rebuilding process.

Spencer Steer’s Net Worth Details

Spencer Steer’s net worth is estimated to be $3.2 million as of 2025.

Contract

Spencer Steer is currently playing under a pre-arbitration contract with the Cincinnati Reds for the 2025 season. As a player with just over two years of MLB service time (2.035 years), he has not yet reached arbitration eligibility, which typically occurs after three full years of major league service.

According to his current contract trajectory, Steer will be eligible for arbitration for the first time after the 2025 season, and he remains under team control until 2029, when he would become eligible for unrestricted free agency if no extension is signed before then.

Salary

For the 2025 MLB season, Spencer Steer is earning a base salary of $780,000. This represents a modest increase from his 2024 salary of $750,000, reflecting the typical small raises given to pre-arbitration players who have performed well. While this salary is significantly above the major league minimum, it remains relatively modest compared to what Steer could earn once he reaches arbitration eligibility after the 2025 season, assuming his performance continues at current levels.

Career Earnings

MLB Career Stats