Derek Jeter Highest-Paid Athlete in the World

Derek Jeter
Derek Jeter led People With Money’s annual list of the “100 highest paid athletes” released on Wednesday.

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It's been a rough year for the athlete, but at least he has his millions of dollars to ease the pain. 46-year-old Derek Jeter has taken the No. 1 spot on People With Money’s top 10 highest-paid athletes for 2020 with an estimated $75 million in combined earnings.

UPDATE 01/10/2020 : This story seems to be false. (read more)

Derek Jeter tops annual list of highest-paid athletes

In 2018 it looked like the athlete’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (September 30) that Jeter is the highest-paid athlete in the world, pulling in an astonishing $75 million between September 2019 and September 2020, a nearly $40 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The American athlete has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Jeter Burger” chain) in Washington, a Football Team (the “Pequannock Township Angels”), has launched his own brand of Vodka (Pure Wonderjeter - US), and is tackling the juniors market with a top-selling perfume (With Love from Derek) and a fashion line called “Derek Jeter Seduction”.

The ranking is significant for many Derek fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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