What Is Baseball Legend Derek Jeter’s Net Worth In 2023?
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Derek Jeter's bank account is the monetary equivalent of a grand slam.
Derek Jeter’s name is up there with Babe Ruth and Joe DiMaggio when it comes to the most famous players the New York Yankees (and baseball as a whole) have ever seen; during his 20-year stint playing for the team, he saw great success and amazing wins. Derek Jeter's net worth is as massive as his fame.
Jeter’s personal life was also the source of much celebrity gossip as he was quite the playboy in his heyday. All of this notoriety helped Jeter stay in the spotlight beyond that of most baseball players. With endorsements, TV appearances and more, in addition to his baseball career, he amassed quite the fortune.
Here is everything you ever wanted to know about Derek Jeter’s net worth.
How did Derek Jeter get famous?
Derek Jeter became famous for his time playing for the Major League Baseball team the New York Yankees. The Yankees is one of the most successful baseball teams in the history of the MLB. Jeter is credited as being one of the primary contributors to the team’s fruitful run in the late 1990s and early 2000s.
Jeter spent his entire 20 year Major League Baseball career playing for the Yankees, a rarity in professional sports. He was first drafted by the team straight out of high school in 1992 before being promoted to the major leagues in 1995 at the age of 20. He would continue as a shortstop for the team from May 29, 1995, until his last appearance on September 28, 2014.
Jeter holds the record for the Yankees for all-time career hits with 3,465; at-bats with 11,195; doubles with 544; stolen bases with 358; games played with 2,747; plate appearances with 12,602 and times on base with 4,716.
During his career, Jeter received five Gold Glove Awards, 14 All-Star selections, five Silver Slugger Awards, a Roberto Clemente Award and two Hank Aaron Awards. After his retirement in 2014, Jeter was inducted into the Baseball Hall of Fame in 2020, which was the first year he was eligible for the honor. Basically, Jeter is famous for being one of the most successful and celebrated professional baseball players in history and for being a record holder on the Yankees.
Related: For Sale! See Inside Baseball Great Derek Jeter's $12.75 Million New York State Castle
What is Derek Jeter’s net worth in 2023?
According to Celebrity Net Worth, Derek Jeter has a net worth today of $200 million. This is cumulative earnings from his salary for playing for the Yankees, plus his business ventures, endorsements, appearances, and more.
What is Derek Jeter's salary?
According to Celebrity Net Worth, Derek Jeter’s current salary is $30 million. However, this appears to be the salary that Jeter was earning at the peak of his career from both playing baseball and endorsement deals. Following his retirement from baseball, Jeter served a stint as CEO for the Miami Marlins. During that time, his salary as CEO was $5 million a year.
Jeter is rumored to still earn $30 million annually from his various endeavors. This will likely see an uptick thanks to his deal with Fox Sports as an MLB commentator.
How much did Derek Jeter pay for the Marlins?
In the summer of 2017, Derek Jeter joined a group of partners led by Bruce Sherman to purchase the Miami Marlins from then-owner Jeffrey Loria for $1.2 billion. For his part, Jeter received only a 4% stake in the franchise, however he was in charge of running the baseball and business operations. According to Front Office Sports, when Jeter sold his stake in the team in February of 2022, it was reportedly worth $45 million. However, at that point, the team was only worth $990 million, a drop from the $1.2 billion the investors had paid for the Marlins back in 2017. This means Jeter may have paid more than $45 million for his share of the Marlins back in 2017.
Who owns the Marlins with Jeter?
Derek Jeter joined forces with a group of partners to buy the Miami Marlins back in 2017. The leader of these investors was Bruce Sherman, a New York businessman. One of the other minority shareholders of the team was reportedly basketball legend Michael Jordan. However, Derek Jeter parted ways with the Marlins and sold his stake back in February of 2022.
Related: Can You Guess How Many Yankee Greats Have Had Their Numbers Retired?
Did Jeter lose money on the Marlins?
It is almost certain that Jeter lost money on his investment in the Miami Marlins. We know this because at the same time that he sold his shares in the team for a reported $45 million in 2022, the team was valued at $990 million, which is less than the $1.2 billion Jeter and his fellow investors had bought the team for in 2017.
Does Jeter still own part of the Marlins?
Derek Jeter stepped down as the CEO of the Marlins and sold his stake in the team following a 5-year contract in February of 2022. This means that Jeter no longer is a part owner of the Marlins and has no affiliation with the team. It was reported that Jeter parted ways with the team due to a conflict with Sherman over his ownership share and the financial commitment to the team’s roster.
How much does Derek Jeter make a year?
Derek Jeter is reported to make around $16 million a year. This comes from his business investments, his endorsement deals, appearances, and also from his CEO salary when he worked for the Marlins.
How much did Derek Jeter make with the Yankees?
Just from his baseball salary alone from playing for the Yankees for 20 years, Derek Jeter made a reported $265 million. That earns him the second spot in the ranking of the highest earning baseball players of all time.
Who made more money, Alex Rodriguez or Derek Jeter?
As mentioned above, Derek Jeter ranks as the second highest-earning baseball player of all time. The first highest-earning baseball player of all time happens to be Jeter’s former teammate, Alex Rodriguez, with a reported $441 million in baseball earnings alone. However, Jeter’s career has not been mired by controversy the way Rodriguez’s has.
How much was Derek Jeter's 3000 hit worth?
A kind-hearted fan named Christian Lopez caught Derek Jeter’s 3,000th hit, only to give it back to the then-Captain of the Yankees, like a real gem. This grand gesture potentially cost the fan an estimated $250,000!
How much did Derek Jeter make over his career?
We have already discussed the fact that from his baseball career alone, Jeter earned around $265 million. During this time, he also earned at least $150 million from endorsements. This means Jeter earned a total of (at least) $415 million during his baseball career combined. Guess it pays to play!
How much did Derek Jeter make in endorsements?
As stated above, Derek Jeter made at least $150 million in endorsements during his baseball career. That’s certainly enough to pay for a vacation or two.
How much did Derek Jeter make from Nike?
Jeter has had endorsement deals with Nike, Gatorade, Avon, Steiner Sports, Movado, Rawlings, 24-Hour Fitness and Luvo. He has remained tight-lipped about the amount each deal has been worth, so we do not know for sure how much he has made from his deal with Nike. However, considering how big the company is and that Jeter has made at least $150 million from endorsements during his baseball career, we can imagine it was in the tens of millions.
Related: What's Next for Derek Jeter After Retiring from the Yankees?
How much did Derek Jeter make from YouTube?
It is not known how much Derek Jeter has made from YouTube. Jeter tends to keep financial information other than his baseball salary close to the vest.
How much did Derek Jeter make in his rookie year?
In 1992, Jeter was drafted by the Yankees straight out of high school. He was signed for $800,000. After playing in the minors for four seasons from 1992 to 1995, Jeter moved up to the majors and became an official Yankee. For his rookie year for the Yankees, Jeter was reportedly paid the minimum salary of $130,000, which is still nothing to sneeze at.
What was Derek Jeter's highest salary?
The highest single-season salary that Jeter earned in his baseball career happened in 2010 with a reported $21 million. That’s definitely a bump from $130,000!
How much did Derek Jeter make in The Other Guys?
Derek Jeter filmed a cameo role in the Mark Wahlberg movie The Other Guys. However, his role was cut down from its original version. Either way, it is not known how much Jeter was paid for his participation in the movie.
