Derek Jeter Net Worth: Earnings, Houses & Lifestyle

Derek Jeter
Derek Jeter (Source: The Players’ Tribune)

An American Baseball Hall of Famer, who spent the entire 20 years of his career with the New York Yankees of Major League Baseball, Derek Jeter’s net worth is a massive $200 million.

His total fortune easily puts him on the list of the richest baseball players of all time.

Derek helped the Yankees defeat the Atlanta Braves to win the World Series in 1996.

He is considered one of the major contributors to the early success of the Yankees, with World Series wins in 1998, 1999, 2000, and 2009.

Derek Jeter
Derek Jeter (Source: POPSUGAR)

Jeter concluded his career ranked sixth in Major League history in career hits and first among shortstops.

In addition, he was the 28th player to reach 3,000 hits.

To pay homage to his contribution, New York Yankees retired jersey number 2 in 2017.

Derek Jeter | Quick Facts

As of August 2022, Derek Jeter’s net worth is a staggering $200 million. Here are some quick facts on “The Captain.”

Birth Name Derek Sanderson Jeter
Known As Derek Jeter
Nickname The Captain, Captain Clutch, Mr. November, Number 2, DJ
Birthplace Pequannock Township, New Jersey, United States
Current Residence Marlboro Township, New Jersey, USA

Greenwood Lake, New York, USA

Davis Islands, Tampa, Florida, USA

Birthdate June 26, 1974
Age 48 Years Old
Nationality American
Ethnicity Multiracial (German, Irish, English, and African)
Religion Roman Catholicism
Father’s Name Sanderson Charles Jeter
Mother’s Name Dorothy (nee Connors)
Siblings Sharlee Jeter (Younger Sister)
Education Kalamazoo Central High School and University of Michigan
Profession Former Professional Baseball Player
Manager The Players’ Tribune

Excel Sports Management

Celebrity Talent International

Position Shortstop
Shirt Number 2
Build Athletic
Batting Right
Ball Throw Right
Distinctive Features Green Eyes, Signature inside-out swing – “Jeterian Swing”
Height 6 ft. 3 in/191 cm/1.91 m
Weight 89 kg/196 lbs.
Body Measurement 44-34-15.5 inches
Shoe Size 11 US/46 (EU)/10.5 (UK)
Hair Color Dark Brown
Eye Color Green
Zodiac Sign Cancer
Net worth $200 Million
Sexual Orientation Straight
Marital status Married
Spouse Hannah Davis(2012-Present)
Affairs Mariah Carey (1997-1998), Lara Dutta (2000-2001), Jessica Alba (2004), Adriana Lima (2006), Jessica Biel (2006-2007)
Children Story Grey Jeter, Bella Raine Jeter, River Rose Jeter
First Film Anger Management (2003)
First TV Show SportsFigures (1995)
First Baseball Appearance May 29, 1995
Brand Endorsements Fleet Bank, Ford, Gillette, XM Satellite Radio, Discover Card, Driven Cologne, Florsheim, Nike, Ritz
Favorite Baseball Player Dave Winfield
Favorite Snack Cookies
Favorite Food Chicken Parmesan
Favorite Training Activity Running
Merch Signed Used Baseball, Signed World Series Bat, Signed Framed Jersey, Signed Yankee Hat
Social Media InstagramFacebookTwitter
Last Update August 2022

Derek Jeter | Net Worth & MLB Contracts

Net Worth

An American former professional baseball player, baseball executive, and businessman Derek Jeter’s net worth as of August 2022 is a staggering $200 million.

One of the highest-paid athletes in recent sports history, Jeter has amassed such a massive fortune figure with his exceptionally successful baseball career, lucrative endorsement deals, and business ventures.

Aside from these, Jeter also served as the Chief Executive Officer (CEO) of the Miami Marlins of Major League Baseball.

Even though the winning percentage of the team was not the best, he still oversaw billion dollar team earning millions each year from salaries and bonuses.

Derek Jeter Batting
Derek Jeter Batting (Source: Encyclopedia Britannica)

Derek spent his entire 20 years playing for one team, the New York Yankees, which not just made him a household name but also one of the richest athletes in the world.

Jeter earned $265 million in baseball salary alone during his career.

Similarly, he made $150 million in the minimum from brand deals for a total of $415 million in career earnings.

Needless to say, with tens of millions of dollars in earnings each year, Jeter graced the Forbes list of highest-earning athletes several times throughout his career.

In 2014, he was ranked 35th on the Forbes list of The World’s Highest-Paid Athletes, with an earning of $24.33 million.

MLB Contracts

Entry Level Contract

New York Yankees drafted Derek out of high school sixth overall in the first round of the 1992 MLB Draft.

He was immediately signed to the team in a one-year rookie contract worth $800,000 with an average annual salary of the same amount.

Jeter had to extend his stay with the team four more times before making a considerable leap regarding the contract value.

During this time he was binded in one year $109,000 contract in 1995, $130,000 in 1996, $550,000 in 1997 and $750,000 in 1998.

In 1999, he signed a one-year $5 million contract with the Yankees with an average annual salary of the same amount.

Veteran Contract

After the contract expired, the Yankees tossed yet another one-year contract to Derek in 2000, but this time, the value of the contract was doubled to $10 million.

Nevertheless, Jeter’s biggest payday came when the Yankees agreed $189 million ten years contract in 2001.

This was one of the biggest contracts at the time and still is the 24th largest contract in MLB history.

According to the deal, Derek received $16 million as a signing bonus and an average salary of $18.9 million.

In 95, Derek earned a $5 million salary, $10 million in 2000, and by the time the ten-year contract kicked in, he was earning $20 million per season.

Jeter’s peak earnings came in 2010 when he earned a $22.6 million in salary.

After this massive contract expired in 2010, the Yankees tossed another three contracts to Derek, which he signed in December of 2010.

There was no signing bonus with this one, but his average annual salary as per the contract was $17 million.

In 2014, Jeter signed the final extension of his playing career as well as with the Yankees worth $12 million with an average annual salary of the same amount.

Net Worth of Derek Jeter in Different Currencies

Derek Jeter’s net worth as of August 2022 is a massive $200 million. Here is a diversified look at his net worth in different currencies around the globe.

Currency Net Worth
Euro € 197.01 Million
Pound Sterling £ 164.84 Million
Australian Dollar A$ 288.53 Million
Canadian Dollar C$ 257.33 Million
Indian Rupee ₹ 15,824,560,000
Bitcoin ฿ 8,589.01

Derek Jeter | Houses

One of the most successful baseball players, Derek Jeter, has invested heavily in real estate across the United States.

In 2005, Jeter purchased a 4-acre historic property in the upstate town of Greenwood, New York, for $1.2 million.

He listed the property in the market for $14.75 million in 2018. However, with no offers from buyers at that price point, the house is probably still on the market for $1.275 million.

Similarly, in 2001 Jeter purchased the 88th-floor penthouse in Trump Tower in Manhattan for $12.72 million.

He listed this one for $20 million in 2010 but finally offloaded it two years later for $15.5 million.

Derek Jeter Tampa House
Derek Jeter Tampa House (Source: The New York Times)

Jeter built 22,000 square feet mansion in Tampa, Florida, in 2011, which once housed quarterback Tom Brady and his wife, Gisele.

The couple paid $75,000 a month to rent “St. Jetersburg.”

Derek listed the mansion for $29 million in 2020 but sold it a year later for $22.5 million.

Aside from these, Jeter owns two more properties in Florida.

In 2021, he paid $16.6 million for a 2-acre undeveloped lot in Coral Gables, while his primary residence is a different mansion in the same area, which he purchased for $6.5 million in 2018.

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Derek Jeter | Lifestyle

Derek Jeter currently lives a peaceful life with his family in Florida.

The man has everything that one needs to lead a comfortable lifestyle.

He has a loving family, a boat load of money, and everything in between.

However, he has frequently been in the news for controversies and highly publicized romantic involvements.

He had been the subject of tax disputes regarding his residences which were finally settled in 2008.

Derek Jeter and Mariah Carey
Derek Jeter and Mariah Carey (Source: Mariah Carey Wiki – Fandom)

Similarly, his life has been a frequent topic of gossip in media outlets since his rookie year in 1996.

He dated pop star Mariah Carey from 1997 to 1998. As a matter of fact, Carey wrote a song about their first kiss titled The Roof (Back in Time).

Ever since, Jeter has been linked to Lara Dutta, Vanessa Minnillo, Jessica Biel, Jordana Brewster, and Joy Enriquez, among others.

As of August 2022, Derek Jeter’s net worth is $200 million.

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Derek Jeter | Endorsements & Investments

Endorsements

As mentioned before, Derek Jeter has earned at least $150 million, endorsing numerous brands over the course of his career.

He is considered one of the most merchantable players in baseball’s history.

It might be primarily because of his success and clean-cut image that helped him attract a number of brand deals.

Over the years, Derek has endorsed brands and companies such as Nike, Gatorade, Fleet Bank, Subway, Discover Card, Ford, VISA, Florsheim, Skippy, Gillette, and XM Satellite Radio.

Derek was the second highest-paid brand endorser in baseball behind Ichiro Suzuki in 2006.

In 2014, he made $9 million from endorsement deals.

Avon "Driven" Endorsements
Derek Jeter Avon “Driven” Endorsements (Source: NBC News)

Moreover, Jeter designed a perfume in collaboration with Avon named “Driven,” which he also endorses.

Derek Jeter’s net worth as of August 2022 is a staggering $200 million.

Investments

In 2013, Jeter formed an imprint with Simon & Schuster called Jeter Publishing after an injury cut his season short.

Similarly, the following year he created ThePlayersTribune.com, a website that publishes daily sports-related content.

Reportedly, in 2015 Jeter partnered with Concessions Tampa to bid for space within the Tampa International Airport to open a restaurant named after the website.

Moreover, in 2021 he joined the board of Rockefeller Capital Management.

He also serves as a board development officer for Luvo Inc.

Miami Marlins

In 2017, Derek, along with a group of investors, finalized a deal to purchase the Miami Marlins for a whopping $1.2 billion.

Out of the total amount, Jeter’s portion was $25 million, a discounted rate for 4% in the team.

He also served as the CEO of the team for five years.

Unfortunately, the team saw a massive valuation drop to $990 million by 2021.

Derek’s 4% stake was worth $40 million at this point which was better than what he had invested in the first place, but things were not great at the time.

In late February 2022, Jeter’s relationships with the other stakeholders severed, which led him to sell his 4% stake back to his partners at a $1.12 billion valuation.

All in all, Derek ultimately sold his stake in the team for $44.8 million in 2022.

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Derek Jeter | Career

Derek Jeter was born in Pequannock Township, New Jersey.

His family moved to Kalamazoo, Michigan, when he was four.

When he was five, he began playing little league baseball.

Derek became passionate about the New York Yankees team after attending their game with his grandparents.

Babe Ruth Swing
Derek Jeter’s Babe Ruth Swing (Source: Newsweek)

After high school, he earned a scholarship at the University of Michigan.

He was drafted in the first round of the 1992 MLB Draft.

Derek spent 20 years with his beloved team and hung his boots in 2014 after a super successful career.

In 2020, he was elected to the Baseball Hall of Fame.

Derek Jeter’s net worth as of August 2022 is an enormous $200 million.

Unknown Facts About Derek Jeter

  • Derek earned the titles of “Mr. November” and “Captain Clutch” due to his postseason heroics.
  • He played in the World Baseball Classic in 2006 and 2009 and was the captain of the ’09 U.S. team.
  • He was named the #1 good guy in sports by The Sporting News in 2002.

FAQs

Who is the most famous Yankee of all time?

The most popular Yankee of all time is, of course, the legendary Babe Ruth.

Where does Derek Jeter rank among all-time shortstops?

He ranks third among all-time shortstops.

Is Derek Jeter the best Yankee ever?

He is, of course, one of the best Yankees. Derek holds the record for the most hits in the Original Yankee Stadium.

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