Derek Jeter Biography- Derek Sanderson Jeter born June 26, 1974 is a former professional baseball shortstop, businessman, and baseball executive. He spent his entire 20-year Major League Baseball (MLB) career with the New York Yankees. Jeter was inducted into the Baseball Hall of Fame in 2020, receiving 396 out of 397 possible votes (99.75%), which is the second-highest percentage in MLB history, following teammate Mariano Rivera, and the highest for a position player. From September 2017 to February 2022, he served as the CEO and part owner of the Miami Marlins. As a five-time World Series champion with the Yankees, Jeter is recognized as a key player in the franchise’s success during the late 1990s and early 2000s, thanks to his hitting, base-running, fielding, and leadership skills. He holds numerous Yankees records, including the most hits (3,465), doubles (544), games played (2,747), stolen bases (358), and times on base (4,716).
Derek Jeter Biography 2025
Derek Sanderson Jeter is an American former professional baseball shortstop, businessman, and baseball executive. As a player, Jeter spent his entire 20-year Major League Baseball career with the New York Yankees.
Born: 26 June 1974 (age 50 years), Pequannock Township, New Jersey, United States
Spouse: Hannah Davis (m. 2016)
Number: 2 (New York Yankees / Infielder)
Parents: Sanderson Charles Jeter, Dorothy Jeter
Career end: 2014
Height: 1.91 m
Siblings: Sharlee Jeter
Derek Jeter Biography 2025 Details
Name |
Derek Sanderson Jeter |
Net Worth |
$200 million estimated |
Age |
50 (as of September 2025) |
Residence |
Miami, Florida |
Marital Status |
Married |
Source of Wealth |
Baseball, CEO Miami Marlins |
Salary |
$30 million |
Endorsements |
Nike, Gatorade, Avon, Steiner Sports, Ford, Movado, Rawlings, 24-Hour Fitness and Luvo, XM Satellite Radio, VISA |
Category |
Football Biographies |
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Early Life
Derek Sanderson Jeter was born in Pequannock Township, New Jersey, on June 26, 1974, to accountant Dorothy (née Connors) and substance abuse counselor Sanderson Charles Jeter. His mother has English, German, and Irish roots, while his father is African-American. The couple met while serving in the U.S. Army in Germany. Jeter’s father played baseball at Fisk University as a shortstop and holds a Ph.D. To instill discipline, Jeter’s parents required him to sign a contract each year outlining acceptable behavior. His mother emphasized a positive mindset, encouraging him to avoid using the word “can’t.
The Jeter family lived in New Jersey until Derek was four, after which they moved to Kalamazoo, Michigan. At five, Jeter began playing little league baseball. During the school year, the children lived with their parents and spent summers with their grandparents in West Milford, New Jersey. Attending Yankees games with his grandparents sparked Jeter’s passion for the team, and watching star outfielder Dave Winfield inspired him to pursue a baseball career.
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Derek Jeter’s Net Worth
Derek Jeter’s net worth is estimated to be around $200 million, according to Celebrity Net Worth. Throughout his career, he earned approximately $266 million in baseball salaries, as reported by Spotrac.
Derek Jeter’s Salary
Jeter’s final contract with the Yankees was in 2014, where he earned an average annual salary of $12 million from a one-year deal, according to Spotrac. He previously signed a ten-year, $189 million contract with the Yankees in 2011. His early years included earnings of $5 million in 1995 and $10 million in 2000. During the first decade of his contract, he earned $20 million annually, with his highest earnings in 2010, totaling $22.6 million. That year, he signed a three-year, $51 million contract before opting for a one-year deal for $12 million in his last MLB season.
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Derek Jeter’s Endorsements
Jeter is recognize as one of the most marketable athletes in baseball history, securing lucrative endorsement deals with brands like Nike, Gatorade, Avon, Ford, Movado, and VISA, among others. While he has kept the exact figures of these deals private, it is estimated that he has earned at least $150 million from endorsements, likely totaling in the hundreds of millions.
Derek Jeter’s Investments
During and after his baseball career, Jeter made several investments in real estate, including a $1.2 million restoration of a 700-foot-long lakefront property near Greenwood, New York. He purchased an 88th-floor penthouse in Trump World Tower for $12.72 million in 2001 and a custom-built 22,000-square-foot waterfront mansion in Tampa in 2011. In 2018, he acquired a Coral Gables mansion for $6.5 million and later purchased an undeveloped 2-acre waterfront lot in Coral Gables for $16.6 million in 2021.
In August 2017, Jeter, along with partners including Bruce Sherman, finalized a deal to acquire the Miami Marlins for $1.2 billion. By 2021, the team’s valuation had dropped significantly to $990 million, with Jeter’s 4% stake worth about $40 million. He ultimately sold his stake back to partners at a valuation of $1.12 billion, having turned a $25 million investment into $44.8 million over five years.
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Derek Jeter’s Other Income Sources
In February 2022, Jeter stepped down as CEO of the Marlins due to a disagreement about the franchise’s future direction. During his tenure, he reported an annual salary of $5 million and assured members of the baseball operations team that they would continue to be paid through at least May 31.
Derek Jeter’s Real Estate
Jeter has a history of significant real estate transactions, including listing his New York City apartment, purchased in 2011, for $20 million, which sold for $15.5 million in 2012. He also listed his Tampa property for $29 million, ultimately selling it for $22.5 million in 2021. He currently resides in a fully-built Coral Gables home in Miami, acquired in 2021.
Derek Jeter’s Car Collection
Jeter’s first car was a Datsun 310 with three broken door handles. Since then, he has upgraded to a 2006 Mercedes S63 AMG, a Hummer H2, and a Lamborghini.
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Derek Jeter’s Charity Work
Jeter is well-known for his philanthropic efforts. In 1996, he established the Turn 2 Foundation, which aims to promote healthy lifestyles and provide educational programs and scholarships to young people. His foundation continues to impact countless lives, reflecting his commitment to making a positive difference both on and off the field.