Derek Jeter Net Worth

Net Worth: $125 Million

American baseball shortstop, Derek Jeter, has an estimated net worth $125 million. The Yankee captain signed a new contract this winter that is worth $51 million over three years. His $15 million salary this season represents a $6 million pay cut from what he earned in 2010. Jeter continues to be baseball’s most marketable player with an impressive endorsement portfolio that includes Nike, Gatorade, Gillette, Ford and Movado.Jeter also has a popular cologne from Avon. Derek Jeter is one of the most popular and highest-paid athletes in American history. In 2011, under his new three-years, Jeter took a $6 million paycut. He is baseball’s top earner off the field with annual income of $9 million through his partnerships with Nike’s Jordan brand, Gillette, Ford, Rawlings, Movado and Steiner Sports.

Jeter grew up in Kalamazoo, Michigan, though he was born in New Jersey and often attended New York Yankee games with his grandparents during the summer. Jeter joined the minor leagues directly after high school and spent four years advancing from single-A to triple-A-level teams. He started as shortstop for the Yankees on Opening Day of 1996, hitting his first major-league home run on the same day, and went on to win both Rookie of the Year and the World Series, along with the rest of his team. He also played on Series-winning Yankee teams in 1998, 1999, 2000, and 2009.

Annual earnings according to Forbes:
2011 – 2012 Earnings: $24.5 Million
2010 – 2011 Earnings: $29 Million
2009 – 2010 Earnings: $30 Million
2008 – 2009 Earnings: $30 Million
2006 – 2007 Earnings: $28 Million
2005 – 2006 Earnings: $27 Million
2004 – 2005 Earnings: $25.5 Million

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