Derek Jeter Net Worth: Career Earnings Of Yankees' Retired Star Are Among Most In MLB History
The New York Yankees are retiring Derek Jeter’s iconic No.2 Sunday night, honoring the greatest shortstop in team history. Not only was the five-time World Series champion a Hall of Famer on the field, but he also made more money than almost anyone that’s ever worn the pinstripes.
While Jeter’s exact net worth is unknown, he earned more than $266 million in salary over the course of his career, via Spotrac. He signed his biggest contract prior to the 2001 season, agreeing to a 10-year deal worth $189 million. Jeter signed a three-year deal worth $51 million when that contract expired, and he played for $12 million in his final season in 2014.
Celebrity Net Worth estimates Jeter’s net worth to be at $185 million, though there’s no way to know if that figure is close to being accurate.
When Jeter signed his first big contract, it was the second-biggest deal in MLB history. Only Alex Rodriguez’s 10-year, $252 million contract with the Texas Rangers was worth more, and the two players became teammates just three years later. Giancarlo Stanton of the Miami Marlins has since set a record with a $325 million contract.
Aside from his salary, Jeter earned tens of millions of dollars in endorsements, as well. He made between $8 million and $9 million per year in endorsements during his playing days, according to CNN, and that number might not have dropped drastically upon his retirement. Jeter had deals with companies like Nike and Gatorade as a member of the Yankees.
However much money Jeter has, it appears to be enough to make him a part-owner of an MLB team. The 14-time All-Star is reportedly teaming up with former republican presidential candidate Jeb Bush in a bid to buy the Miami Marlins.
Jeter, Bush and five other investors are reportedly looking to buy the club, though they still have to come up with the $1.3 billion necessary to complete the deal. Neither Jeter nor Bush have said much about trying to buy the Marlins, though MLB commissioner Rob Manfred confirmed that the group is bidding for the team last month.
“There are multiple groups interested in acquiring the Marlins,” Manfred said in Pittsburgh while attending a game between the Pittsburgh Pirates and Chicago Cubs. “One of those groups is the Bush-Jeter group. When we have a resolution as to which bid is going to be accepted, we will announce that.”
Ever since he was a player, Jeter has expressed interest in being a team owner. The Miami Herald reported that Jeter would have an active role in the organization, though Bush would be the “control person.”
No matter what Jeter does in MLB post-retirement, he will go down as one of the greatest players to ever put on a uniform. His 3,465 career hits are good for sixth all-time, and he retired with a lifetime .310 batting average.
Jeter is the Yankees’ all-time leader in hits, doubles, steals and games played while ranking second in runs scored and fourth in walks.
© Copyright IBTimes 2024. All rights reserved.