Joe DiMaggio was an exceptional centerfielder for the New York Yankees, whose MLB career started and ended with the Yankees lasting 13 seasons. He was a three-time American League Most Valuable Player, 13-time All-Star, and a nine-time World Series champion, and is considered one of the greatest baseball players of all time.
Di Maggio’s record for a hitting streak of 56 consecutive games remains dormant today.
Joe DiMaggio’s Contract Breakdown
| Year | Base Salary | Signing Bonus | Yearly Cash |
| 1936 | $8,500 | - | $8,500 |
| 1937 | $15,000 | - | $15,000 |
| 1938 | $25,000 | - | $25,000 |
| 1939 | $27,500 | - | $27,500 |
| 1940 | $32,500 | - | $32,500 |
| 1941 | $37,500 | - | $37,500 |
| 1942 | $43,750 | - | $43,750 |
| 1946 | $43,750 | - | $43,750 |
| 1947 | $43,750 | - | $43,750 |
| 1948 | $65,000 | - | $65,000 |
| 1949 | $100,000 | - | $100,000 |
| 1950 | $100,000 | - | $100,000 |
| 1951 | $90,000 | - | $90,000 |
Source: baseballreference.com.
How much was Joe DiMaggio getting paid?
Joe DiMaggio’s salary of $100 thousand in 1949-1950 would be worth about $1.23 million in 2023 after adjusting for inflation.
How much did Joe DiMaggio make in a minute?
Joe DiMaggio's last reported contract was $100 thousand annually. When divided by the total number of minutes a year, this comes to about 19 cents per minute. When we consider inflation, his salary would be equivalent to $2.2 per minute in 2023.
Joe DiMaggio’s Career Earnings
Joe DiMaggio’s total career earnings of $632.5 thousand are equivalent to $8 million in 2023 when adjusted for inflation, as per baseballreference.com.
What were the terms of Joe DiMaggio’s contract?
Joe DiMaggio's 1949 contract was a deal of $100 thousand annually, and it guaranteed him a total value of $200 thousand over two years. The specific terms of Joe DiMaggio’s contract are not publicly known.
Joe DiMaggio’s Contract History
New York Yankees (1936–1951): At 21, Joe DiMaggio signed with the New York Yankees and played for them until his retirement. He began his career as a rookie with a salary of $8.5 thousand, but his contract grew tenfold over time, and so did his fame and success. DiMaggio was the first player ever to have earned a salary of $100 thousand annually.
DiMaggio hinted at his retirement during the spring of 1951 and eventually retired in the same year.
FAQs
A. Joe DiMaggio retired in 1951.
A. Joe DiMaggio had 2,214 hits over his career.
A. Joe DiMaggio has played 13 seasons throughout his career.
A. Joe DiMaggio was born in Martinez, CA.
