Jeter Forgoing Salary in Marlins’ Coronavirus Battle
Updated: Apr 21
Derek Jeter is giving up his salary as Miami Marlins CEO indefinitely while the teams around the league deal with the financial fallout of the coronavirus.
Jeter, who has a reported salary of $5 million annually, told members of Marlins baseball operations that they will be paid through at least May 31, the source said.
This comes just one day after reports surfaced that MLB commissioner Rob Manfred was planning to suspend Uniform Employee Contracts (UEC), which would allow teams to furlough employees or cut salaries.
The Atlanta Braves, San Francisco Giants and Philadelphia Phillies, have already let non-playing employees covered by the UEC know that they will be paid through May. Although, some of 30 total major league teams may not follow this same path.
The former Yankee has also accepted the All In Challenge and is donating a prized possession from the final season of his career in hopes of raising money for those impacted by the coronavirus pandemic. He is donating his 2014 All-Star game jersey, which was the last All-Star game Jeter played in as he retired at end of that season. The current bid sits at $27,000