In this article, we will explore the net worth of David Ortiz, a retired professional baseball player. David Ortiz, also known as “Big Papi,” had a successful career in Major League Baseball and accumulated a significant fortune. We will delve into his early life, career, salary, personal life, and philanthropic endeavors.
Early Life and Background
David Ortiz, born on November 18, 1975, in Santo Domingo, Dominican Republic, is the oldest of four children of Enrique Ortiz and Angela Rosa Arias. Growing up, Ortiz found inspiration in standout pitcher Ramon Martinez and his brother Pedro Martinez, who both had illustrious careers in MLB, particularly with the Boston Red Sox.
Ortiz’s professional baseball journey began when he was signed by the Seattle Mariners in November 1992 after graduating from Estudia Espaillat High School. He showcased his hitting prowess while playing for the Mariners’ farm team, the Wisconsin Timber Rattlers, until he was traded to the Minnesota Twins in 1996. In his debut season with the Twins in 1997, Ortiz hit 58 home runs and had 238 RBIs during his tenure with the team.
Despite facing personal hardships, such as the loss of his mother in a tragic car accident and battling knee issues, Ortiz persevered and showcased his talent. In August 2002, he hit a memorable home run against Pedro Martinez, and the following month, he hit his first walk-off home run of his career. However, in December 2002, the Twins released Ortiz due to financial constraints.
After his release, Ortiz’s path crossed with Pedro Martinez once again, who suggested Ortiz’s talents to the Boston Red Sox. In January 2003, Ortiz signed a non-guaranteed free-agent contract with the Red Sox, solidifying his position as the team’s first baseman. His impact was immediate, as he contributed to the Red Sox’s journey to the AL Championship Series against the New York Yankees. Ortiz’s memorable performance, including a clutch solo home run, helped propel the Red Sox to a temporary lead. Although they eventually lost the series, Ortiz’s star continued to rise.
Ortiz’s time with the Red Sox was marked by success, as he contributed significantly to the team’s victories in the 2004, 2007, and 2013 World Series championships. He was a 10-time All-Star and earned recognition as a World Series MVP. His achievements and contributions to the team solidified his status as a baseball legend.
Net Worth and Salary
David Ortiz’s net worth is estimated to be $55 million. Throughout his career, Ortiz earned nearly $160 million in salary. His peak salary was $16 million, which he earned in his final two seasons, 2015 and 2016. Additionally, he amassed considerable wealth through endorsements with various companies, including MasterCard, JetBlue, Coca-Cola, Buffalo Wild Wings, Dunkin’ Donuts, New Balance, and Marucci.
Personal Life and Philanthropy
Ortiz is married to Tiffany Ortiz, and they have three children: Jessica, Alexandra, and D’Angelo. They have been involved in several charitable endeavors, including the establishment of The David Ortiz Children’s Fund in 2007. Ortiz also released his own Charity Wine label, Vintage Papi, with all proceeds going to the David Ortiz Children’s Fund. In 2016, he became a Brand Ambassador for UNICEF Kid Power.
While Ortiz and Tiffany have experienced challenges in their relationship and have separated multiple times, they remain dedicated parents to their children. Currently, they are going through divorce proceedings.
Shooting Incident and Recovery
On June 9, 2019, Ortiz was the victim of a shooting at the Dial Bar and Lounge in Santo Domingo, Dominican Republic. He was shot in the back by a man on a motorcycle. After undergoing multiple surgeries, including the removal of a portion of his intestines, colon, and gallbladder, Ortiz recovered and was released from the hospital on July 26, 2019. Several suspects associated with the shooting were arrested, revealing that Ortiz was not the intended target.
Following his retirement in 2016, Ortiz and his wife Tiffany purchased a 1-acre undeveloped property in Miami for $1.5 million. They built a luxurious 10,200 square foot mansion, which they recently listed for sale in February 2023 for $12.5 million, as part of their final divorce settlement.
David Ortiz, with a net worth of $55 million, had a remarkable career in Major League Baseball. He achieved numerous accolades, played a significant role in the success of the Boston Red Sox, and became a beloved figure in the sport. Despite facing personal and professional challenges, Ortiz’s determination and talent propelled him to greatness. Beyond his sporting achievements, Ortiz and his wife Tiffany have made significant contributions through their philanthropic endeavors.