David Cone Net Worth
David Cone has an estimated net worth of $30 million. The retired American professional baseball pitcher built his wealth during a 17-year Major League Baseball career that included stints with the Kansas City Royals, New York Mets, Toronto Blue Jays, New York Yankees and Boston Red Sox.
Cone was one of the most successful pitchers of his generation. He won five World Series titles during his career, including one with the Toronto Blue Jays and four with the New York Yankees. He was also a five-time All-Star and won the American League Cy Young Award in 1994.
One of the most memorable moments of his career came in 1999, when Cone pitched a perfect game for the Yankees against the Montreal Expos. After retiring from playing, he transitioned into broadcasting and became a prominent color commentator for the Yankees.
| David Cone Net Worth | $30 Million |
| Date of Birth | January 2, 1963 |
| Place of Birth | Kansas City, Missouri |
Early Life
David Brian Cone was born on January 2, 1963, in Kansas City, Missouri, to Joan and Edwin Cone.
As a teenager, he attended Jesuit Rockhurst High School, where he played football and basketball. Because the school did not have a baseball team, Cone played summer baseball in the collegiate Ban Johnson League.
After graduating from Rockhurst, he attended the University of Missouri.
His development as a pitcher eventually led to his selection in the MLB draft and the beginning of a professional baseball career that would last more than two decades, including a brief comeback after his initial retirement.
Kansas City Royals
The Kansas City Royals selected Cone in the 1981 MLB draft.
He quickly demonstrated his potential in the team’s minor-league system, compiling a 22-7 record with a 2.21 ERA during his first two professional seasons.
An injury kept him out during the 1983 season. He returned in 1984 with the Double-A Memphis Chicks before advancing to the Class AAA Omaha Royals in 1985 and 1986.
During his time in Omaha, Cone transitioned into a relief pitcher.
He made his Major League debut for Kansas City in June 1986, entering a game in relief of Bret Saberhagen. Cone made several appearances before returning to the minor leagues, but he was recalled by the Royals again in September.
New York Mets
Cone was traded to the New York Mets before the 1987 season.
His first year with the Mets was modest, as he finished with a 5-6 record, a 3.71 ERA and 68 strikeouts in 21 appearances.
He made a major leap forward in 1988. Cone’s first start of the season was a complete-game shutout against the Atlanta Braves. He finished the season with a 20-3 record and a 2.22 ERA.
His performance earned him third place in National League Cy Young Award voting. The Mets won the NL East but were eliminated by the Los Angeles Dodgers in the NLCS.
Cone continued to establish himself as one of the league’s top pitchers during his first stint with the Mets. He led the National League in strikeouts in 1990 and 1991.
In August 1991, he pitched an immaculate inning against the Cincinnati Reds. Later that season, he struck out 19 batters in a shutout against the Philadelphia Phillies, tying Tom Seaver for the second-most strikeouts in a nine-inning game by a Mets pitcher.
Toronto Blue Jays and First World Series
The Mets traded Cone to the Toronto Blue Jays during the 1992 season.
He went 4-3 with a 2.55 ERA and 47 strikeouts after joining Toronto. The Blue Jays won the American League East and advanced through the postseason to the World Series.
Toronto defeated the Atlanta Braves in six games, giving Cone his first World Series championship.
The title became the first of five World Series rings Cone would collect during his MLB career.
Kansas City Royals and Cy Young Award
Cone returned to the Kansas City Royals as a free agent for the 1993 season.
He had a strong campaign, recording a 3.33 ERA over 254 innings. His performance helped establish him as one of the league’s elite pitchers.
The following year, Cone became even more dominant. During the strike-shortened 1994 season, he posted a 2.94 ERA and won the American League Cy Young Award.
His performance also helped him secure one of the most lucrative contracts of his career.
New York Yankees
Cone was traded back to the Toronto Blue Jays in 1995, just days after the end of the MLB strike. He began the season with Toronto and posted a 9-6 record with a 3.38 ERA.
The Blue Jays eventually traded him to the New York Yankees during the season.
Cone immediately made an impact in New York, going 9-2 after the trade and helping the Yankees reach the postseason.
He was re-signed by the Yankees during the offseason.
Although much of the 1996 season was interrupted by an arm aneurysm, Cone returned in time to help the Yankees during their World Series run. New York defeated the Atlanta Braves, giving Cone his second championship and the Yankees their first World Series title in 18 years.
The Yankees won another championship in 1998. Cone played an important role during the postseason, winning the decisive games of both the ALDS and ALCS.
David Cone’s Perfect Game
One of the defining moments of David Cone’s career came on July 18, 1999.
While pitching for the Yankees, Cone threw a perfect game against the Montreal Expos. He retired all 27 batters he faced without allowing a hit, walk or baserunner.
The achievement made Cone only the 16th pitcher in MLB history to throw a perfect game at the time.
It was also the final shutout of his career.
The Yankees went on to win the World Series that season, sweeping the Atlanta Braves and giving Cone his fourth championship.
Fifth World Series Championship
Cone’s final season with the Yankees came in 2000.
It was statistically the worst season of his career. He finished with a 4-14 record and a 6.91 ERA.
Despite his struggles during the regular season, Cone ended the year with another championship ring.
The Yankees defeated the New York Mets in the World Series, giving Cone his fifth World Series title.
Four of his five championships came with the Yankees.
Boston Red Sox and Retirement
Cone joined the Boston Red Sox for the 2001 season.
He finished the campaign with a 9-7 record and a 4.31 ERA. After the season, he retired from professional baseball.
However, his retirement did not last permanently.
In 2003, Cone attempted a comeback with the New York Mets. He played until May before announcing his second and final retirement because of a chronic hip problem.
Broadcasting Career
Cone began his broadcasting career during his first retirement from MLB.
In 2002, he became a color commentator for the newly created YES Network, which broadcasts Yankees games.
He later returned to the network in 2008 as the host of Yankees on Deck. Cone returned to the Yankees broadcast booth in 2011 and eventually became one of the team’s lead color commentators.
He has worked alongside former Yankees teammate Paul O’Neill and developed a reputation for providing detailed analysis based on his experience as a former MLB pitcher.
Following the 2021 MLB season, Cone began co-hosting the podcast Toeing the Slab with Justin Shackil.
In 2022, he joined Karl Ravech, Buster Olney and Eduardo Pérez on ESPN’s Sunday Night Baseball broadcast team.
David Cone Real Estate
Real estate has also played a role in Cone’s financial portfolio.
In 2016, he paid approximately $8.1 million for an apartment in New York City’s West Village.
Cone reportedly used the property primarily as a rental investment during much of his ownership.
He eventually sold the condo in May 2022 for approximately $8.3 million, generating a modest gain on the sale before accounting for expenses and other ownership costs.
Personal Life
Cone married interior designer Lynn DiGioia in late 1994. The couple had a son, Brian, in 2006 and later divorced in 2011.
Cone also has a son named Sammy from a previous relationship with real estate broker and investor Taja Abitbol.
During his playing career, Cone attracted significant attention for his lifestyle in New York City. In 1991, he was falsely accused of rape. The matter was cleared up by police within several days.
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