Derek Jeter Net Worth

Known to New York Yankees major league baseball team legions fans as the always-reliable shortstop, Derek Jeter was one of the all-time greats.  His defense was as good as his offense, and he was the Yankees captain during his illustrious career there.  Yankee Stadium was certainly Jeter’s home away from home.

For a while, this Hall of Fame baseball player had part ownership and CEO duties for the Miami Marlins MLB baseball team.  Additionally, he has done some acting and is a prolific businessman.  Although he is now retired from his playing days on the field, fans can bet they have not seen the last of Derek Jeter.

Who Is Derek Jeter?

Derek was not simply an average baseball player but an extraordinary one.  He won many gold glove awards, an All-Star Game MVP award, and a World Series MVP award.  He was the only player in MLB history to win the latter two awards in the same season.  Jeter also has the New York Yankee record for the most hits, as he surpassed the record of Lou Gehrig back in 2009.  He is a first-ballot Baseball Hall of Fame inductee.  

One would think his retirement from the baseball field would be the last they would see of Derek Jeter, but they would be sorely mistaken.  In August 2017, he and a small group of investors purchased the MLB team, the Miami Marlins.  Derek is the active and reigning baseball chief executive officer of the team.  Plus, Jeter is a savvy businessman with several successful ventures under his belt. 

Early Days of Derek Jeter

On June 26, 1974, Derek Sanderson Jeter was born in Pequannock Township, New Jersey.  His mom was Dorothy Connors Jeter, and his dad was Sanderson Charles Jeter.  Derek had the fortune of being born into a baseball-loving family.  His parents and grandparents were avid Yankee team fans, and his younger sister Sharlee was a softball star when she was in high school.

Derek Jeter went to Kalamazoo Central High School in Kalamazoo, Michigan.  Early in his childhood, his family moved to Kalamazoo.  Derek was inspired to pursue a career in baseball after watching Dave Winfield play.  Amongst the sports Jeter played during high school was baseball.

It was soon apparent that he excelled at baseball.  He even won a baseball scholarship to go to the University of Michigan.  He played for the Michigan Wolverines baseball team during his stint in college.  Can you say “gifted athlete?”  That would accurately describe Jeter’s promising future as a major league baseball star.

Career Beginnings for Derek Jeter

In the early 1990s, Derek was selected as a draft pick for his hero baseball team, the New York Yankees.  Despite initial concerns of the Yankee brass, Jeter signed with them for $800 thousand.  Jeter played in their Minor League Baseball system for the first four seasons. 

Although he struggled early in his stint with the Gulf Coast Yankees, Derek soon displayed the talent they knew he was capable of.  They promoted him to the Greensboro Hornets in the Class A South Atlantic League.  He was quickly rated amongst the top 100 prospects in the league by Baseball America.  Things only got better for Jeter after that.  Derek knew that playing baseball was what he always wanted to do. 

Career Highlights with the New York Yankees

In late May 1995, Derek Jeter made his major league debut with the uniform number 2 assigned him.  That would remain his number throughout his storied career.  His initial appearances with the team did not go too well, but ultimately he would make up for that and become their permanent shortstop.  Jeter was such a sensation with the Yankees that years later, when Alex Rodriguez came to the team, he had to play third base.  Derek already filled the position of shortstop.

Moving ahead, Derek Jeter excelled in his performance on and off the field.  He loved life in New York City and was well-received by Yankee fans.  Jeter was the star of several World Series-winning Yankee teams and piled up career hits.  He was their most valuable player on many occasions.  He even won Silver Slugger Awards.  This man was here to stay!

Life After Retirement for Derek Jeter

Although he was retired from the playing field, baseball had not seen the last of him.  After a memorable final home game, Jeter invested in the MLB team, the Miami Marlins.  To this day, he still has that investment and then retired as their Chief Executive Officer in 2022.  However, that was not all he was doing. 

During the 2013 season, since his playing time was shortened by injury, Jeter formed a partnership with Simon & Schuster.  Jeter Publishing was born.  The company publishes non-fiction books for adults and children.  In addition to his business interests, Jeter was active in his communities.  He donated time and money for worthy causes in New York and Michigan.  Jeter is still a hard-working and generous man. 

The Personal Side of Derek Jeter

Derek has homes in New York’s Greenwood Lake and Marlboro Township, New Jersey.  He had a penthouse apartment in Trump Towers in the past but gave that up long ago.  Today he and his wife, Hannah Davis Jeter live in Miami.  They enjoy the time there with the couple’s three daughters.

Years ago, Derek Jeter’s personal life was the favorite topic of gossip columnists.  He had an infamous relationship with performer Mariah Carey.  Later, he dated Vida Guerra, a model, and actresses such as Jessica Biel and Minka Kelly.  

Those wild days are behind him now as he is happily married and enjoying his family life.  His net worth in 2022 is $200 million, which gives the family plenty of pleasure.  Although his baseball career is a thing of the past, you can bet Derek will not totally disappear from his fans’ view. 

Derek Jeter FAQs