Derek Jeter Net Worth in 2023 (Biography, Career, Personal Life, Net Worth, Age, etc.)

Derek Sanderson Jeter is a former professional baseball shortstop, entrepreneur, and baseball executive from the United States. Jeter played for the New York Yankees throughout his entire 20-year Major League Baseball career. Derek Jeter Net Worth is estimated to be approximately $200 Million.

Derek Jeter Net worth and profile in one glance

Biography of Derek Jeter

Early life

Sanderson, Derek Jeter was born on June 26, 1974, in Pequannock Township, New Jersey, to Dorothy Jeter, an accountant, and Sanderson Charles Jeter, a substance abuse counselor.

His mother is of English, German, and Irish descent, and his father is of African-American descent. They met in Germany while serving in the United States Army.

His father was a shortstop for Fisk University in Tennessee and holds a doctorate. Every year when Jeter was a child, his parents made him sign a contract outlining acceptable and inappropriate behavior.

Dorothy taught her kid a positive attitude by forbidding him from using the phrase “can’t.” Jeter’s younger sister Sharlee (born c. 1979), a softball star in high school, came from a baseball household.

Stepping stone into Derek Jeter Net Worth (Career)

The first overall choice in the 1992 MLB draft went to the Houston Astros. Hall of Fame pitcher Hal Newhouser, who served as a scout for the Astros, thoroughly studied Jeter and campaigned for his selection.

They chose Cal State Fullerton outfielder Phil Nevin for $700,000, fearing Jeter would demand a $1 million pay bonus for foregoing college for a professional contract.

Newhouser was so certain of Jeter’s talent that he resigned from the Astros when they ignored his drafting advice.

Primary source of Derek Jeter Net worth (Baseball)

Jeter spent four seasons in the National Association of Professional Baseball Leagues’ Minor League Baseball (NAPBL).

The Gulf Coast Yankees of the Rookie-level Gulf Coast League, situated in Tampa, Florida, were where Jeter began the 1992 season.

Jeter went 0-for-7 with five strikeouts in his debut professional game, failing to record a hit in seven at-bats.

Major League Baseball

Fernández and infielder Pat Kelly were both injured early in the 1995 season. As a result, Jeter made his Major League Baseball debut on May 29, 1995.

He was given uniform number 2, which had previously been worn by Mike Gallego between 1992 and 1994.

He was hitless in five at-bats as the ninth batter, striking out once. He had his first two major league hits and scored his first two career runs the next day.

Before being relegated to Class AAA Columbus, Jeter batted 250 with two errors in 13 games; Fernández took his spot at shortstop. In 1995, the Yankees made it to the postseason.

Personal life

Jeter owns properties in Marlboro Township, New Jersey, Greenwood Lake, New York, and Tampa’s Davis Islands area. He once held a penthouse apartment in Trump World Tower in Manhattan.

In 2008, Jeter and the New York State Department of Taxation and Finance settled a tax dispute over his official residence.

New York State argued that Jeter owed state income tax from 2001 to 2003 because he lived in the Manhattan apartment he purchased in 2001; Jeter claimed to have moved to Tampa Bay, Florida, in 1994 and that he was still a Florida resident at the time. There is no state income tax in Florida.

Jeter and his wife, Hannah Davis, are currently based in Miami. The couple offered their waterfront Tampa house for $29 million in September 2020. In March 2021, they put their Greenwood Lake property on the market.

Conclusion

Derek Jeter is a highly skilled and well-known baseball player. Derek Jeter Net Worth is a source of motivation and inspiration. You may also like – Alex Rodriguez’s Net Worth.