Over his eight seasons patrolling the outfield in Major League Baseball with the Los Angeles Dodgers, Cincinnati Reds, and Cleveland Indians, Yasiel Puig raked in $51,698,000 in salary according to his page on Baseball Reference.
But now, Puig’s capacity to earn money playing baseball is in severe jeopardy and his home outside Miami is in danger of foreclosure, his agent Lisette Carnet told a federal court in California where Puig will be sentenced on June 30 after he was convicted on one count of obstruction of justice and one count of making a false statement on Feb. 6. Federal prosecutors are seeking an 18-month prison sentence for Puig, while his lawyers are arguing for Puig to not be incarcerated.
Carnet filed a declaration on Puig’s behalf on May 22 in which she told the court of Puig’s dire financial straits and the effect the case and subsequent conviction have had on the Cuban slugger’s career.
“Since the public filing of the criminal charges in this matter in 2023, I have personally observed a substantial decline in Mr. Puig’s international baseball opportunities and market value,” Carnet told the court.
Puig had secured a contract to play in South Korea when the charges against him were filed in 2023 as federal investigators took down an underground sports gambling ring based in southern California, a state where gambling on sports is illegal. Carnet’s declaration indicated that Puig was to make $2.3 million with the Kiwoom Heroes that year, but the contract was cancelled by the Heroes because, Carnet said in the declaration, “public criminal allegations and convictions carry extraordinary reputational consequences in certain international baseball markets, particularly in South Korea and Japan.”
Unable to play in South Korea in 2024, Puig signed with El Aguila de Veracruz in Mexico’s Liga Mexicana de Beisbol and then returned to the Heroes in 2025, where according to Carnet, he made the league minimum salary for a foreign player.
In the declaration, Carnet notes that Puig’s eight-bedroom, 10 1/2-bathroom house on Moss Ranch Road in Pinecrest, Florida, just south of Miami, is one of several properties that Puig owns, including a house where his mother lives, all of which are under foreclosure.
“That property has received only two purchase offers during the past year, in the amounts of $6.5 and $7 million. Both were rejected because they were well below what Mr. Puig owes the lender for said property,” Carnet told the court in the filing. According to the real estate website Zillow, Puig’s Pinecrest home has been listed for sale five times since March 2022 at prices ranging from $8,999,999 to $13,999,950, but hasn’t sold.
“On May 21, 2026, I personally spoke with individuals associated with the lender concerning the Moss Ranch property and I was informed that the lender is seeking surrender of the property due to amounts owed, including principal balances, accrued interest, default-related charges, attorney’s fees, and foreclosure-related costs. If Mr. Puig surrenders the property to the lender, the lender will sell it and apply the proceeds to the debts and Mr. Puig will not get any proceeds,” Carnet’s declaration says.
The property is currently listed for sale with an $8.895 million asking price, and according to Miami-Dade County property records, is owned through an limited liability company called Moss Ranch LLC, which purchased the property from Puig on March 7, 2025, for $5,333,400.
A search of Miami-Dade County property records show Puig as the listed owner of a four-bedroom, three-bathroom home on Southwest 140th Street purchased on Aug. 25, 2023 for $930,000. According to Zillow, it has not been listed for sale since the 2023 sale to Puig.
Puig is currently playing for the Toronto Maple Leafs of the Canadian Baseball League, which Carnet said was his “last chance at having a professional baseball contract,” noting that a contract Puig had with a team in Mexico for the 2026 season was cancelled after the conviction, and that another team lost interest due to the uncertainty of surrounding Puig’s post-conviction availability.
Carnet said that while public sentiment surrounding Puig’s deal with the Maple Leafs, where he is 4-for-20 with two homers in six games, has focused on it being “historic,” that is largely centered on the newly-professional CBL being able to sign a former MLB star. The terms of his contract with the Leafs have not been disclosed, as Carnet stated to the court that compensation figures in CBL contracts are confidential and that should he be sentenced to prison time, the contract would be cancelled.
“Based upon my direct knowledge of Mr. Puig’s current financial circumstances,” Carnet stated, “continued lawful employment and the ability to continue working internationally are critically important to his ability to support himself and his family and to stabilize his and his family’s financial condition.”
Puig’s case, which is before Judge Dolly M. Gee in the U.S. District Court for the Central District of California, is No. 22-cr-00394.
Photo: Outfielder Yasiel Puig #66 of the Kiwoom Heroes reacts in the top of the eighth inning during the Korean Baseball Organization (KBO) League opening game between Kiwoom Heroes and Lotte Giants at Gocheok Skydome on April 02, 2022 in Seoul, South Korea. (Photo by Chung Sung-Jun/Getty Images)
