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Derek Jeter Net Worth: How Much Is He Worth?

Derek Jeter Net Worth: How Much Is He Worth?
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Former New York Yankees shortstop and baseball executive Derek Sanderson Jeter was born on June 26, 1974, in Pequannock Township, New Jersey, United States. His remarkable abilities, leadership characteristics, and clutch performances over his 20-year career with the New York Yankees cemented his place as one of the best players in Major League Baseball (MLB) history.

How Much Is Derek Jeter Net Worth?

Derek Jeter is an ex-baseball player, businessman, and executive from the United States. Derek Jeter’s net worth is around $220 million. Just from his baseball pay, he made $265 million throughout his career. He made $415 million in his career, with sponsorships accounting for at least $150 million. He is widely recognized as among the time’s best-liked and best-paid sports persons.

In 2003, he became the team’s twelfth captain. The Silver Slugger Award, the Gold Glove Award, and the 14 times he made the All-Star team are just a few of his accolades. Only he has ever won the Most Valuable Player award for the All-Star Game and the World Series in the same season. He also owns the record for most hits by a Yankee, having surpassed Lou Gehrig’s mark in 2009.

Derek and a consortium of investors paid $1.2 billion in August 2017 to acquire the Miami Marlins. Before selling his shares in 2022 for $44.8 million, Derek was the team’s CEO and controlled 4% of the company.

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Derek Jeter’s net worth growth

The table below shows Derek Jeter net worth growth in the past five years:

Year Amount
2023$220 Million
2022$215 Million
2021$195 Million
2020$180 Million
2019$170 Million

What Derek Jeter Gets Paid

In 2011, Derek signed a $189 million, ten-year contract with the Yankees. He made $5 million during the 1995 season, $10 million during the 2000 season, $20 million during the first ten years of his contract, and $22.6 million in 2010. Derek Jeter’s salary had a three-year, $51 million deal with the Yankees in 2010 and a one-year, $12 million deal for his last MLB season before the 2014 season.

The Endorsements of Derek Jeter

Derek Jeter’s endorsement deals are with major brands like Nike, Nike Gatorade, Avon, Steiner Sports, Ford, Movado, Rawlings, 24-Hour Fitness, Luvo, XM Satellite Radio, VISA, and more for his successful career.

Although he has been tight-lipped about the specific sums involved in his endorsement deals, with major brands like Nike on board, it is believed that at least $150 million was earned.

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Derek Jeter’s House

In keeping with his track record as a real estate investor, Derek put his 2011 New York City flat on the market for $20 million in 2010. He made $15.5 million upon selling the flat in 2012.

His Tampa, Florida apartment, which is on 1.26 acres and has a two-story home with seven bedrooms, nine bathrooms, an entertainment room, a billiard room, a memorabilia room and two three-car garages, was sold for $29 million. In 2021, the property was sold for $22.5 million. Derek Jeter’s house is a completed Coral Gables mansion in Miami, Florida, which he purchased in 2021.

Derek Jeter’s Car

When Derek was a kid, he dreamed of driving a flashy sports vehicle that would reflect well on his hard work and dedication on the baseball pitch. It was a long and arduous road until he finally bought his dream automobile. Since he came from a low-income family, purchasing an expensive car was out of the question. 

The only one that worked was the driver’s side passenger door, Jeter recalled of his first automobile, a Datsun 310 with three damaged door knobs. Following his first accomplishment, he got a 2006 Mercedes S63 AMG, a Hummer H2, and then the Beastly Lamborghini itself.

About the author

Kristi Lopez

Kristi Lopez is working as a professional news editor at The Next Hint, Inc. She is accustomed to finding daily reports. Therefore, this keen working and addiction towards her work, it helps her to find good news.

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