How much is David Ortiz's Net Worth in 2024?

David Américo Ortiz Arias used to be a Dominican-American professional baseball player. He played the position of a designated hitter and first baseman. David was active in the MLB from 1997 to 2016. He is also known by the name ‘Big Papi’. He was born on November 18, 1975, in Santo Domingo, Dominican Republic.

David is a Hall of Famer and was inducted in 2022 on his first ballot. He received 77.9% votes in his favor. He has a lot of achievements and awards. The third baseman is a ten-time All-Star, three-time World Series Champion, a World Series MVP in 2013, and ALCS MVP in 2004. David is a seven-time Silver Slugger award winner, two-time AL Hank Aaron award winner, and was the AL Home Run Leader in 2006.

How much is David Ortiz's Net Worth in 2024?

David Ortiz’s net worth as of 2024 is estimated to be about $55 million. His current net worth could be attributed to David’s massive contracts throughout his MLB career. He has been an active MLB player for two decades and has accumulated much wealth from his salaries, bonuses, and incentives. He has also made quite a lot of money from endorsements and business collaborations.

David Ortiz’s Salary

David Ortiz's last contract was with the Boston Red Sox in 2014. It was an extension for one year with the option of extension towards two more years. The contract was worth $16 million each for the 2015 and 2016 seasons. The average salary and the yearly cash he received for these seasons was $16 million.

David’s first contract was with the Seattle Mariners in 1992, it was worth $3,500 for one year. He was then signed with the Minnesota Twins in 2001 for $260,000 for one year. In 2002, he again signed a one-year contract for $950,000 with the same team. In 2002, he signed a $1.25 million deal with the Boston Red Sox, the team he played in till his retirement. In 2004, David signed a contract with the same team for one year worth approximately $4.587 million. He made a two-year deal in 2005 worth $12.5 million. In 2008, he made a four-year deal and it was worth $52 million and had a $2 million signing bonus. He made a $14.14.575 million deal for one year in 2012. In 2013, he made a two-year deal worth $29 million with a $1 million signing bonus.

David Ortiz’s Endorsements

David Ortiz makes a whopping $6 million from his endorsement deals. He has endorsed quite a few brands, including Mastercard, Dunkin', Zenni Optical, FTX, loanDepot, eternalHealth, Eastern Bank, DIRECTV, WhistlePig, and Famous Ink. Whereas in 2007, he collaborated with Reebok and launched Big Papi 10M Mid Baseball cleat.

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David Ortiz’s Investments

As of 2023, not much is known about any investments that David Ortiz has taken part in.

David Ortiz’s Other Sources of Income

The former first baseman opened a nightclub in 2009 which contributed to his income. He also launched "Papi Cannabis”, a company that sells cannabis-based products. It was launched in 2022 and collaborated with the company Rev Brands.

David Ortiz’s House

David Ortiz had put his mansion in Miami for sale in 2023. It is 10, 200 square and has two stories. It comes with multiple amenities built into it. The price that the mansion is being sold for is $12.5 million. He also has a mansion in Weston, Massachusetts. The property has various amenities such as a bar, a theater, a jacuzzi, an in-ground pool, and much more. It has also been put on sale for $6.3 million.

David Ortiz’s Car

David Ortiz owns the following cars: a Lamborghini Aviator, a Ford Mustang, a Bentley, and an Audi. He also owned a Honda Accord which he bought in 1997, which was his first car. He revealed his favorite vehicle, the white 2010 Rolls-Royce Ghost Series.

David Ortiz’s Charity Work

David Ortiz founded an organization in 2007 called David Ortiz Children's Fund. This foundation helps support children. The foundation sells various items such as wines, which raised money for charity. In 2017, he joined a roast that raised $335,000 for his charity. In 2016, David was also the brand ambassador of UNICEF Kid Power for a global mission in Burkina Faso.