David Ortiz’s Contract Breakdown

Last Modified Sep 13, 2023 07:32 GMT
David Ortiz
David Ortiz. Source: Getty Images

David Américo Ortiz Arias is one of the most decorated Major League baseball players. David, also famously known by his nickname ‘Big Papi’, was active in Major Leagues from 1997 to 2016. He played the position of Designated Hitter and First Baseman during his days in the league. He was born in Santo Domingo, Dominican Republic, on November 18, 1975 and is a Dominican-American.

He debuted his MLB career with the Minnesota Twins and played for the Boston Red Sox till the end of his career. He was awarded several achievements throughout his career. He 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. He was inducted into the Baseball Hall of Fame in 2022 on his first try, with 77.9% votes in his favor.

David Ortiz’s Contract Breakdown

YearBase SalarySigningBonusCap HitDead CapYearly Cash
1992$3,500-$3,500-$3,500
2001 $260,000-$260,000- $260,000
2002$950,000-$950,000-$950,000
2003$1,250,000-$1,250,000-$1,250,000
2004$4,587,500-$4,587,500-$4,587,500
2005$12,500,000-$12,500,000-$5,250,000
2008$52,000,000-$52,000,000-$12,550,000
2012$14,575,000-$14,575,000-$14,575,000
2013$29,000,000$20,000,000$29,000,000-$15,050,000
2015$16,000,000-$16,000,000-$16,000,000

How much is David Ortiz getting paid?

David Ortiz’s last contract was made in 2015 it was with the Boston Red Sox and it was a contract extension. It was worth $16 million and had a duration of one year. His annual average salary was $16 million. The extension included two more years options.

The designated hitter made his first contract with the Minnesota Twins in 1992, which was worth only $3,500. His contract with the Boston Red Sox in 2003 was worth $1.25 million for one year. He continued to be with the Red Sox till his retirement. In 2004, David signed a contract with the same team for one more year and this one was worth approximately $4.587 million.

Then he went on to make a two-year deal in 2005 and it was for $12.5 million. In 2008, he made a four-year deal, which 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.

How much does David Ortiz make in a minute?

As per his last contract, David’s annual salary in 2016 was $16,000,000, if we divide this amount by the total number of minutes in a year (i.e., 525,600 minutes), we get an idea of how much David Ortiz makes in a minute per year, which would be $30.44.

David Ortiz’s Career Earnings

David Ortiz’s career earnings till the 2016 season are estimated to be around $160,201,000. This amount includes he total salary in his entire career, which is approximately $156,872,500; the bonuses he received in his entire career, which is $3,003,500; and also incentives he received throughout his career, which is $325,000.

From 2015 to 2016, the designated hitter made a whopping $3,20,00,000. In the year 2015, he earned $16,000,000 and he earned a total amount of $16,000,000 in 2016.

What are the terms of David Ortiz’s contract?

David Ortiz’ signed his last contract with the Boston Red Sox in 2014, it was a contract extension for one year but could have been extended to many more years. He was also paid the exact same amount for the 2016 season, after which he retired.

How much of David Ortiz’s contract is guaranteed?

David Ortiz’s contract guarantees him a total of $16 million each year he still plays with the team.

David Ortiz’s Contract History

1992: The designated hitter made his first contract worth $3,500 with the Minnesota Twins.

2003: Ortiz made a contract with the Boston Red Sox for one year worth $12.5 million.

2004: David Ortiz signed a one-year deal with the Red Sox again. The contract was worth approximately $4.587 million.

2005: David signed a $12.5 million deal with the same team for two years. His average salary was $6.25 million.

2008: Ortiz signed a four-year deal with the Red Sox worth $52 million and received a $2 million signing bonus. His average salary was $13 million.

2012: He signed a one-year contract worth $14.575 million with the same team.

2013: Ortiz made a two-year contract worth $29 million with a $1 million signing bonus and a $14.5 million average salary.

2015: The Hall of Famer made a $16 million extension with the same team for one year but the contract stated that it could be extended over years with the same pay.

FAQs

 A. Ortiz’s highest salary was during the 2015 and 2016 seasons, when he earned $16 million yearly for both seasons.  

 A. David Ortiz won the World Series MVP in 2013 and the ALCS MVP in 2004.   

 A. David Ortiz’s net worth is around $55 million. 

A. David Ortiz was inducted into the Hall of Fame in 2022 with 77.9% votes in his first try.   

A. David Ortiz won the World Championship ring in 2004, 2007 and 2013. 

Related Stories

Josh Naylor's fiancee Chantel Collado, Bo Naylor and his girlfriend Jackie, and more react as Guardians' Will Brennan pops the big question Josh Naylor's fiancee Chantel Collado, Bo Naylor and his girlfriend Jackie, and more react as Guardians' Will Brennan pops the big question
Josh Naylor's fiancee Chantel Collado, Bo Naylor and his girlfriend Jackie, and more react as Guardians' Will Brennan pops the big question
Corey Seager's wife Madisyn turns up the glamor in color-coordinated attire in a cozy selfie with Rangers superstar Corey Seager's wife Madisyn turns up the glamor in color-coordinated attire in a cozy selfie with Rangers superstar
Corey Seager's wife Madisyn turns up the glamor in color-coordinated attire in a cozy selfie with Rangers superstar
“Prepare, compete, and win” - Max Fried explains the three words inside the Yankees clubhouse that struck a chord for him “Prepare, compete, and win” - Max Fried explains the three words inside the Yankees clubhouse that struck a chord for him
“Prepare, compete, and win” - Max Fried explains the three words inside the Yankees clubhouse that struck a chord for him
21h
Alex Bregman's wife Reagan shows off adorable baby bump in latest glam selfie Alex Bregman's wife Reagan shows off adorable baby bump in latest glam selfie
Alex Bregman's wife Reagan shows off adorable baby bump in latest glam selfie
1d
"It will forever have a special place in my heart" - Cody Bellinger's emotional farewell to the Cubs and Wrigley Field's lasting influence "It will forever have a special place in my heart" - Cody Bellinger's emotional farewell to the Cubs and Wrigley Field's lasting influence
"It will forever have a special place in my heart" - Cody Bellinger's emotional farewell to the Cubs and Wrigley Field's lasting influence
19h
"2 sh*tbags, perfect for each other"; "Yankees always on his mind" - Fans react to David Ortiz's comment on Juan Soto starting 'new chapter' with Mets "2 sh*tbags, perfect for each other"; "Yankees always on his mind" - Fans react to David Ortiz's comment on Juan Soto starting 'new chapter' with Mets
"2 sh*tbags, perfect for each other"; "Yankees always on his mind" - Fans react to David Ortiz's comment on Juan Soto starting 'new chapter' with Mets
1d
Shohei Ohtani awarded best play of MLB 2024 season for historic 50/50 game display ft. 3 HR, 2 SB and 10 RBI Shohei Ohtani awarded best play of MLB 2024 season for historic 50/50 game display ft. 3 HR, 2 SB and 10 RBI
Shohei Ohtani awarded best play of MLB 2024 season for historic 50/50 game display ft. 3 HR, 2 SB and 10 RBI
1d
Paul Skenes' girlfriend Olivia Dunne turns up the glamour in white & purple leotard and face tattoo in PMAC selfie Paul Skenes' girlfriend Olivia Dunne turns up the glamour in white & purple leotard and face tattoo in PMAC selfie
Paul Skenes' girlfriend Olivia Dunne turns up the glamour in white & purple leotard and face tattoo in PMAC selfie
"Max Fried's $218,000,000 deal made Corbin Burnes richer" - Ex-Yankees coach speculates Blue Jays might match Gerrit Cole's contract for 4x All-Star "Max Fried's $218,000,000 deal made Corbin Burnes richer" - Ex-Yankees coach speculates Blue Jays might match Gerrit Cole's contract for 4x All-Star
"Max Fried's $218,000,000 deal made Corbin Burnes richer" - Ex-Yankees coach speculates Blue Jays might match Gerrit Cole's contract for 4x All-Star
In Photos: Alex Rodriguez turns heads in sleek blue suit at Miami's annual toy drive ft. 'special guest' In Photos: Alex Rodriguez turns heads in sleek blue suit at Miami's annual toy drive ft. 'special guest'
In Photos: Alex Rodriguez turns heads in sleek blue suit at Miami's annual toy drive ft. 'special guest'
1d
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications