Former Baseball Player David Ortiz Salary Earning From His Career and His Overall Net Worth

May 11, 2018
First published on:May 11, 2018
by Jon Snow

David Ortiz, nickname - Big Papi is a Dominican American former professional baseball player, who is still in the limelight for his remarkable career records and massive earnings even after his retirement after 2016 season. The 42-year-old Ortiz played for only 2 teams in his career and summed up the total career earnings in the neighborhood of $160.197 million.

And currently, David Ortiz works with a production company for nonscripted TV. Ortiz, the father of 3 children with his wife Tiffany Ortiz, has an estimated net worth of $45 million. Curious to know more about Ortiz's salary, contracts, and net worth? Scroll down.

Net Worth of former baseballer David Ortiz

Since making his professional debut in 1997, David Ortiz has played 16 seasons in the MLB  before his retirement at the end of 2016 season. Ortiz played for the 2 teams, Minnesota Twins (1997-2002) and Boston Red Sox (2003-2016) alongside the players like Matt Barnes, Mookie Betts, and Dustin Pedroia.

With jaw-dropping career contracts and endorsement deals, Ortiz has earned his millions of fortune, which is estimated in the neighborhood of $45 million as of 2018. As reported, the former baseballer's net worth in 2016 was reported to be $55 million, while his net worth in 2013 as per The Richest was $45 million.

Really, Ortiz seems too extravagant. Well, when you have millions in your account, would you think even a second when it comes to spending money?

 

Day at the races....#BigPapiOnFUSION tonite at 8pm @bigpapiprod

A post shared by David Ortiz (@davidortiz) on

Probably, thinking about his salary? Well, Ortiz has not disclosed anything about his current earnings, but it is revealed that his new reality show, Big Papi Need A Job is projected to earn him a bundle of dollars.

Also, we do have the information on his career salary and contracts and all for you.

David Ortiz's Career Contracts and Salary

Initially signed by the Seattle Mariners on November 28, 1992, to play in the minor league, David Ortiz made his professional career debut with the Minnesota Twins on September 2, 1997, and played there for till 2002 earning the salary of $950,000 annually.

Having moved to the Boston Red Sox, he signed a 1-year contract worth $1.25 million on January 22, 2003.

 

Ready and exited about baseball season

A post shared by David Ortiz (@davidortiz) on

Though Ortiz had signed another 1-year contract valued at $4.5 million on January 31, 2004, with Boston, later on, May 21, that year, he was offered a 2-year contract extension of $12.5 million.

After his contract was nearly over, the Boston signed him with a 4-year contract worth $52 million on April 10, 2006. Then in the 2011 season, Ortiz earned $12.5 million as per the exercise bonus already signed on November 4, 2010.

CAPTION: David Ortiz aka Big Papi while playing for Boston Red SOURCE: The Wrap

Following his 1-year contract value of $14.575 signed on February 12, 2012, Ortiz signed a 2 year $29 million contract with Boston on November 2, that year.

And on March 23, 2014, he signed a year contract extension worth $16 million for the next season. However, $87,431  from his 2015 season salary was forfeited and was suspended for 1 game after he made a physical contact with an umpire on May 8, 2015.

Though he was to exercise $16 million option bonus for the 2017 season on November 3, 2016, following 13 days, David announced his retirement.

Let's take a look at his salary sheet.

Year Team Salary Bonus
2001 Minnesota Twins $260,000 $25,000 (Incentives)
2002 Minnesota Twins $950,000 -
2003 Boston Red Sox $1,250,000 -
2004 Boston Red Sox $4,587,500 -
2005 Boston Red Sox $5,250,000 -
2006 Boston Red Sox $6,500,000 $2 million (Signing Bonus)
2007 Boston Red Sox $12,500,000 -
2008 Boston Red Sox $12,500,000 $50,00 (Incentives)
2009 Boston Red Sox $12,500,000  
2010 Boston Red Sox $12,500,000 $50,00 (Incentives)
2011 Boston Red Sox $12,500,000 $150,00 (Incentives)
2012 Boston Red Sox $14,575,000 -
2013 Boston Red Sox $14,000,000 $1 million (Signing Bonus),  $50,00 (Incentives)
2014 Boston Red Sox $15,000,000 -
2015 Boston Red Sox $16,000,000 -
2016 Boston Red Sox $16,000,000 -

His total career earnings sums up the total of $160,197,500, while his career stats averages 541 home runs ranking 17th on the MLB all-time home run list, 1,768 RBIs, and a .286 batting average.

Endorsement and Business of David Ortiz

Well, David Ortiz's earnings also got a huge support with his endorsement deal. Though the deep detail of his endorsement is not yet, Ortiz reportedly got endorsed by the brands like Buffalo Wild Wings, Dunkin Donuts, Fanatics, Coca-Cola, JetBlue Airways, Mastercard, and New Balance.

As reported, Ortiz's year revenue with endorsement was reported to be $4.5 million in 2008, which raised over $6 million in 2016.

CAPTION: David Ortiz endorsing  Dunkin Donuts SOURCE: Athlete Promotion

Besides this, Ortiz's side business earns him millions of dollars. In October 2009, Ortiz opened a nightclub called Forty-Forty in his native Dominican Republic, however, it was sued for trademark infringement by rapper and producer Jay-Z and his business partner Juan Perez in April 2010.

Later the issue was settled with a deal in March 2011.

House and Cars of David Ortiz

As reported, David Ortiz currently lives in his house in Weston, Massachusetts with his happy family including his wife, son D' Angelo Ortiz and 2 daughters, Jessica and Alexandra. 

The property spreading 5,214 sq. ft. was bought by the former baseballer in  2007 for $4.5 million, which features 5 bedrooms and 7 bathrooms.

CAPTION: David Ortiz's house in Weston, Massachusetts SOURCE: Virtual Globetrotting

Also, David Ortiz's condo in Brighton became the interest of all after he put the property featuring 3 bedrooms, 3 bathrooms, boasting  3,100 square feet of living space for sale in 2015. The selling price of the condo bought in 2013, was reported to be $3.2 million.

But, no further reports of the property sales is out yet.

 And talking about his car collection, David Ortiz reportedly owns a Lamborghini, 2010 Rolls-Royce Ghost Series and  Mercedes-AMG S63.  Back in 2011, Ortiz lent his Rolls Royce to  Al Horford in his wedding to the 2003 Miss Universe Amelia Vega.

Also, Ortiz was often seen with MLB player Hanley Ramirez in his Lamborghini Avendator.

Video: David Ortiz's four-wheeler collection

Well, is that a full stop to Ortiz's property empire extension? Let's see what the future has to offer.

Charity Works of David Ortiz

David Ortiz is the founder of the David Ortiz Children's Fund founded in 2007. The non-profitable organization helps the needy children providing them with the additional support. In 2008, Ortiz released his own Charity Wine label, called Vintage Papi, which raised $150,000 for the David Ortiz Children's Fund.

Also, Ortiz is the power brand ambassador of UNICEF Kid Power. 

Humanity is indeed a part of true success!

Stay tuned for more.