Derek Jeter born Derek Sanderson Jeter is a famous retired baseball player, businessman and baseball executive. He made his career and became famous through his career as a shortstop in the Yankees over the span of two decades. Jeter led the Yankees to various victories as well as World Series Champion five times. Through his career as a successful athlete Jeter made his fortune. Here we will know about Derek Jeter’s net worth in 2024.
Derek Jeter Personal Information:
| Profession | Athlete, Baseball Player, Businessman |
| Birth Date | June 26, 1974 |
| Age | 49 years old |
| Height | 6 feet 3 inches (191 cm) |
| Weight | 192 lb (86 kg) |
| Nationality | American |
| Wife | Hannah Davis |
| Children | 4 |
Successful Career as a Shortstop in New York Yankees
Jeter signed with the Ynakees, when the team drafted him in 1992. He played in the minor league till 1995. Later in 1995 he debuted in the major league as shortstop. From then on he went on to become one of the most successful shortstop and famous athletes of all time. Over his two decades of career he has an average of .310, hits of 3,465, home runs of 260 and 1,311 runs batted in. Besides being MVP of the World Series of 2000, Jeter led the Yankees to numerous victories including 5 World Series victories.
Derek Jeter Net Worth Analysis in 2024
Jeter made his name and fame from his career as a prominent figure in the world of sports. Besides earning a huge salary as a baseball player, Jeter had numerous endorsements from famous brands. Moreover he is also a successful business that has greatly contributed to his net worth. He had a stake in the Miami Marlins as well as served as the CEO. As of 2024 Derek Jeter has a net worth of $225 million.
Salary and Earnings:
Jeter signed with the Yankees in 1992 for $800,000. In 1995 he earned $5 million and $10 million in 2000. Later on in 2001 he signed a ten year contract amounting t0 $189 million. Soon he was making $20 million per season. Later in 2010 he again signed a three year contract for $51 million. For his last season in 2014 he signed a $12 million one year contract. Throughout his career he made nearly $285 million in salaries alone and also $150 million in various endorsements and sponsorships. Jeter has earned nearly $420 million from his career as a baseball player.
Jeter was part of the group that bought the Miami Marlins in 2017 for $1.2 billion. He had a 4% stake and paid $25 million. Later on in 2022 he sold her stake for $44.9 million.
Diverse Business Ventures and Investments
Jeter is also a prolific businessman. During his injury in 2013 Jeter founded imprint Jeter Publishing. Later on in 2014 he founded ThePlayersTribune.com and also planned to open restaurants in 2015. He also has interest in video networks and publishing companies where he invested in such as Whistle Sports Network. In 2021 he joined the board of Rockefeller Capital Management. He also had stakes in the Miami Marlins and served as CEO. In 2022 he joined Arena Club.
Endorsements
During the peak of his career, Jeter was the most marketable baseball player. He was the second highest endorsed baseball player in 2006. He appeared in the ad campaigns of Nike, Ford, Subway, Gatorade, Gillette and many more. During the height of his career he made around $40 million from endorsements alone.
Derek Jeter Personal Assets and Lifestyle:
Jeter bought a 4 acre property in 2005 for $1.2 million in Greenwood, New York. The property was on auction in 2022 starting at $6.5 million. He bought an apartment in Trump World Tower on the 88th floor in 2001 for $12.72 million. Later he sold it for $15.5 million in 2012. He bought a 22,000 square feet home in Tampa,Florida in 2011 that is on 1.26 acres of land. Later he sold the home in 2021 for $22.5 million. At the same time in 2021 he bought a 2 acre land for $16.6 million for his next home. Besides that he also has a mansion in Coral Gables which he bought in 2018 for $6.5 million.
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