Derek Jeter net worth: American former professional baseball shortstop Derek jeter net worth of $220 million as a businessman and baseball executive. As Captain Clutch or Mr. November, Derek Jeter is a familiar face to many of you. Surely you didn’t know Sports Illustrated named him America’s greatest sportsman of all time in 2002. Derek Jeter net worth, early life, personal life and career all covered in this article.
Derek Jeter Net Worth
What is Derek Jeter net worth? Derek Jeter is a former Major League Baseball player turned entrepreneur and baseball executive from the United States. It’s estimated that Derek Jeter net worth is $200 million. His baseball pay alone amounted to $265 million during his career. At least $150 million of his $415 million in his earnings came from endorsements.
Many people consider him to be the most well-known and highest-paid sports figure in recent memory. He became the team’s twelfth captain in 2003. The Silver Slugger and Gold Glove medals were presented to him five times each. He was selected to the All-Star team 14 times.
There has never before been a player who has been honored with the Most Valuable Player award for both the All-Star Game and the World Series. As of 2009, he had broken Lou Gehrig’s record for most hits in Yankee history. The Miami Marlins were purchased by Derek and a group of investors for $1.2 billion in August of 2017. Derek owns 4% of the squad and is the CEO of the company.
Pequannock Township, New Jersey, is the place where Derek Sanderson Jeter was born on June 26, 1974. The United States Army brought his parents together in Germany, where they were stationed. When he was four, his family relocated to Kalamazoo, Michigan, where he began playing minor league baseball.
As a child, Jeter spent several summers in New Jersey with his grandparents, where he developed a lifelong love of the New York Yankees baseball franchise by watching games with them. On the field, he was named the 1992 American Baseball Coaches Association Player of the Year and the 1992 Gatorade and USA Today High School Athlete of the Year. He also earned the 1992 Gatorade High School Athlete of the Year Award. He was also awarded a baseball scholarship to the University of Michigan, where he will study.
When the Yankees, who had the sixth pick in the 1992 MLB draught, selected Jeter, he decided to turn professional. For $800,000, he agreed to join them. From 1992 to 1995, Jeter played four seasons in the Gulf Coast League’s Rookie Division with the Gulf Coast Yankees in Tampa, Florida.
His first season of professional baseball was spent with the Class A Greensboro Hornets of the South Atlantic League. There, he received the Baseball America Magazine’s Minor League Player of the Year Award. The Tampa Yankees of the Class A-Advanced Florida State League, Albany-Colonie Yankees of the Class AA Eastern League, and Columbus Clippers of the Class AAA International League were some of the teams he played for in the minor levels.
Jeter made his Major League Baseball (MLB) debut on May 29, 1995, after starting shortstop Tony Fernandez and infielder Pat Kelly were both injured. He was assigned uniform number 2, most recently worn by Mike Gallego from 1992 to 1994. He was the first Yankee rookie to start as a shortstop for the team since Tom Tresh did in 1962. He played his last season in 2014.
The average ticket price for his final home game on September 25, 2014, reached $830 on the secondary market. Over his career, he averaged 204 hits, 113 runs scored, and 21 stolen bases per 162 games. He was the 28th player to reach 3,000 hits and finished his career ranked number six in MLB history for career hits. He is one of the most highly-regarded athletes not only for his on-field performances but his off-field conduct as well, managing to avoid major controversy throughout his long career.
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Jeter’s personal life has been investigated extensively by the media because of his high-profile status. Since his 1997-98 relationship with singer Mariah Carey, he’s been linked to a number of high-profile models and actresses, including Vida Guerra, Joy Enriquez, Jordana Brewster, and Jessica Biel. He’s also been romantically linked to model and actress Minka Kelly. The couple started dating in 2012 and got engaged in 2015. They tied the knot in July of 2016 and now have two kids.
Contracts and Income
As previously announced, Derek Jeter earned a total of $265 million in salary and $150 million in endorsements. After signing a ten-year, $189 million contract with the Yankees in 2001, Derek Jeter remained with the team. He made $5 million in the 1995 season. He made $10 million in 2000.
As a result of his 10-year contract, he was earning $20 million each season by its end in 2013. In 2010 he earned $22.6 million, which was his highest total earnings. Joined the Yankees in 2010 and signed a three-year, $51 million contract. He signed a one-year $12 million contract prior to the 2014 season.
Companies including Nike, Gatorade, Discover Card, Fleet Bank, VISA, Ford, and XM Satellite Radio offered Derek huge endorsement deals because of his accomplishments and clean-cut look. He is often regarded as one of baseball’s most marketable players. He collaborated with Avon to create a perfume called “Driven,” which he also promotes.