Last updated on February 23rd, 2022 at 12:29 pm
Derek Sanderson Jeter is a retired professional baseball shortstop, entrepreneur, as well as
baseball executive from the United States. Since September 2017, he has served as the chief
executive officer (CEO) and a major shareholder of the Miami Marlins of Major League
Note : Here We are going to Cover Derek Jeter Net worth
Derek Jeter Net worth
Jeter spent his whole 20-year MLB stint with the New York Yankees as a player. In his first
year of candidacy, in 2020, he was inducted to the Baseball Hall of Fame, with 396 of 397
available votes, the second-highest majority in MLB record (behind Mariano Rivera) and the
most by a position player.
Jeter is involved in several commercial sponsorships and was among the most aggressively
marketed sportsmen of his era. His private life and friendships with other stars have attracted
the media’s attention.
Derek Jeter Net Worth:
Derek Jeter has a 200-million-dollar net worth. He made $265 million in baseball salaries
alone during his career. He got at least $150 million through sponsorships, bringing his
total career earnings to $415 million. He is widely regarded as one of the most well-known
and well-paid sportsmen in modern sports history.
Derek Jeter Net Worth: $200 million
Date of Birth: 26th June, 1974
Profession: Professional Baseball Player
Nationality: United States of America
Height: 1.91 m
Partner: Hannah Jeter
Salary: $30 million
Derek Jeter Early Years:
Derek Sanderson Jeter was born on June 26, 1974, in Pequannock Township, New Jersey.
While working in the US Army, his parents encountered him in Germany. When he was four
years old, his family relocated to Kalamazoo, Michigan, and he began to play minor league
baseball there at the age of five. Jeter grew up spending summer vacations in New Jersey with
his grandparents, and after watching games with them, he became a die-hard supporter of the
New York Yankees.
He earned a degree from Kalamazoo Central High School, where he received numerous awards
for his athletic achievements, including the American Baseball Coaches Association’s 1992
High School Player of the Year Award, the 1992 Gatorade High School Player of the Year
Award, as well as USA Today’s High School Player of the Year Award.
A baseball sponsorship to the University of Michigan was also awarded to him.
Baseball Professional Career:
Jeter was a highly rated contender in the 1992 MLB draught, and when the Yankees, who have
had the sixth selection, selected him, he decided to turn pro. He agreed to an $800,000 contract
with them. From 1992 through 1995, Jeter spent four seasons in a minor baseball league,
starting with the Gulf Coast Yankees of the Rookie-level Gulf Coast League in Tampa, Florida.
He was eventually promoted to the Class A South Atlantic League’s Greensboro Hornets,
where he played his maiden full season of major league baseball.
Baseball America awarded him the Minor League Player of the Year Award when he was there.
He also played in the Class A-Advanced Florida State League for the Tampa Yankees, the
Class AA Eastern League for the Albany-Colonie Yankees, and the Class AAA International
League for the Columbus Clippers.
After starting shortstop Tony Fernandez as well as infielder Pat Kelly were both hurt, Jeter got
to make his Major League Baseball (MLB) debut on May 29, 1995. From 1992 to 1994, he
was allocated jersey number 2, which was most recently used by Mike Gallego. He was the
very first Yankee newbie to begin at shortstop since Tom Tresh accomplished it in 1962, and
he was also the first Yankee debutant to play on Opening Day in 1996. That day, he also scored
his maiden MLB home run. That year, he won Rookie of the Year as well as the World Series.
Throughout 1996, 1998, 1999, 2000, and 2009, he was a regular of Series-winning Yankee
In 2014, he completed his final season. On the resale market, the average price of the ticket for
his farewell home game on September 25, 2014, was $830. In 162 games, he had an average
of 204 hits, 113 runs scored, and 21 stolen bases. He was the 28th athlete in MLB history to
achieve 3,000 hits, and he concluded his career ranking sixth for game hits.
He is considered as one of the best athletes not just for his on-field accomplishments, but also
for his off-field behavior, avoiding serious controversies during his stellar career. He completed
his whole 20-year tenure with the New York Yankees and was inducted into the Hall of Fame
on his first year of eligibility, in 2020. The number on his uniform was retired by his team in
Interests in Business:
After an accident cut short his season in 2013, Jeter created the Jeter Publishing label with
Simon & Schuster. It was dubbed “the blueprint for post-career” by him. In 2014, he founded
ThePlayersTribune.com, a website that provides daily sports-related material. Jeter was the
chief executive officer and a minority owner of the Miami Marlins of Major League Baseball
since September 2017. Jeter only has a 4% ownership in the team, with associate Bruce
Sherman serving as the majority owner, but he is in charge of day-to-day management.
Derek Jeter Personal Life:
Jeter’s private life has been dissected by the paparazzi because of his high-profile status. He
had a well-documented romance with vocalist Mariah Carey from 1997 to 1998, and he has
subsequently dated Vida Guerra, Joy Enriquez, Jordana Brewster, Jessica Biel, and Minka
Kelly. In 2012, he started dating model Hannah Davis, and the two became engaged in 2015.
They wedded in July 2016 and are the parents of two children.
Jeter is a devout Catholic who was educated in the church, went to Catholic schools as a
youngster, and identified with the religion while playing for the New York Yankees.
Contracts and Earnings:
Derek Jeter got $265 million in salaries and $150 million in sponsorships, as previously
Jeter inked a ten-year, $189 million contract with the Yankees in 2001. He was paid $5 million
for the 1995 season. He made $10 million in 2000. He was making $20 million each season by
the time his 10-year contract began to pay off. His highest-earning year was 2010 when he
made $22.6 million.Derek signed a three-year, $51 million contract with the Yankees in 2010. He agreed to a one year $12 million deal for his last MLB season before the 2014 season.
Derek Jeter made $30 – $35 million at the zenith of his career, including pay and sponsorships.
The Miami Marlins:
Derek and a team of investors, including Bruce Sherman, completed a $1.2 billion deal to buy
the Miami Marlins in August 2017. Jeter holds a 4% stake in the franchise. Regrettably, the
team’s value had fallen to $990 million by 2021. Derek’s 4% share is valued at $40 million at
In 1996, Jeter established the Turn 2 Foundation, a philanthropic foundation. It was created to
assist children and teens in avoiding substance abuse problems, as well as to recognize and
reward those who excel academically.
Jeter has been an advocate for Weplay, a platform that encourages kids to participate in sports,
The Turn 2 Foundation gave $3.2 million to the Kalamazoo Public School District in July 2019
to repair the school’s baseball and softball facilities.
Derek purchased a 4-acre historic property in Greenwood, New York, for $1.2 million in 2005.
He then proceeded to completely repair the 700-foot-long waterfront property. Derek’s
maternal grandfather was born and raised on the land. Derek advertised the home for $14.75
million in 2018. The house was on sale with a list price of $1.275 million as of this writing.
Derek spent $12.72 million for an 88th-floor luxury apartment at Trump World Tower on
Manhattan’s East Side in 2001. In 2010, he put his penthouse up for sale for $20 million. He
sold this property for $15.5 million in October 2012.
Derek constructed a 22,000 square-foot beachfront house in Tampa, Florida, in 2011. The
house was dubbed “St. Jetersburg.” When Tom Brady arrived at Tampa to participate for the
Buccaneers, he and his spouse Gisele Bundchen rented the house for $75,000 per month before
buying it for $17 million.
Derek marketed the house for $29 million in September 2020. They sold the house for $22.5
million in May 2021.
Derek Jeter Unknown Facts:
1. Is Derek Jeter a Cigarette Smoker? Yes,
2. Does Derek Jeter enjoy alcohol? Yes
3. Derek Jeter is a health-conscious individual.
4. Derek Jeter does take good care of his wellness. Derek Jeter eats before 9 p.m.
5. Derek Jeter loves to play baseball.
6. Derek Jeter enjoys both baseball and watching films.
7. Derek Jeter has stated that his first love is Derek Jeter himself.
Commonly Asked Questions (FAQs):
What is Derek Jeter net worth?
Derek Jeter net worth is reported to be approximately $200 million.
What is Derek Jeter’s age?
Derek Jeter is currently 47 years old (26 June 1974)
What is Derek Jeter’s Salary?
Derek Jeter’s annual salary is reported to be $16 million.
What is Derek Jeter’s Height?
Derek Jeter stands 1.91 meters (6 feet 3 inches) tall.
What is Derek Jeter’s wife’s name?
Hannah Jeter is Derek Jeter’s spouse (m. 2016).
Since Derek Jeter is a successful retired pro baseball player and a savvy businessman, his net
worth is projected to grow in the future. His deals and sponsorships earn him a hefty cheque
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